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Business
June 26, 2024
Juroszek Family Purchases SkyCity’s Stake in GiG
The Juroszek family, a group of influential Polish investors, has increased its shareholding in Gaming Innovation Group (GiG), a leading iGaming provider and affiliate. As of Monday, June 24, the family held 25.06% of the business. The larger part of this increased shareholding was purchased from SkyCity Holdings, which sold its 10% to the Polish […]
Business
June 20, 2024
GiG Continues Ontario Growth with Venture Labs Deal
Just after finalizing its €15 million bond issue, Gaming Innovation Group (GiG), an iGaming marketing and media leader, announced the signing of a head of terms agreement with Ventures Lab. A market-leading leading online sports betting and gaming group, Ventures Lab will become GiG’s fourth partner in Ontario. In line with GiG’s global growth strategy, […]
Business
June 19, 2024
GiG Finishes Oversubscribed €15M Bond Issuance
At the start of the week, we announced that iGaming marketing and media leader Gaming Innovation Group (GiG) had signed a head-of-terms agreement for the acquisition of search engine optimization and content services provider Titan. The group also selected ABG Sundal Collier and Pareto Securities as the managers responsible for setting up a number of […]
Business
June 18, 2024
GiG Media Rebrands as Gentoo Media Ahead of Strategic Split
Online gaming marketing and media leader Gaming Innovation Group (GiG) unveiled a new corporate identity for its GiG Media division. Set to be spun off from the main company, the division will now be rebranded to Gentoo Media. The rebranding aligns with GiG’s intention to grow what was known as GiG Media into a separate […]
Business
June 17, 2024
GiG Sets Out to Acquire SEO Specialist Titan, Considers Bond Tap Issue
Gaming Innovation Group (GiG), a leader in iGaming marketing and media, announced that it has signed a head-of-terms agreement to acquire Titan, a provider of SEO and content services. According to the former company, this acquisition will significantly enhance its operational efficiency and market position. GiG explained that the agreement would reduce costs and bolster […]
Business
June 5, 2024
Gaming Innovation Group Confirms Completion of SEK 100M Share Issue
The leading iGaming technology company, delivering services, solutions and products for gambling operators across the globe, Gaming Innovation Group (GiG), announced it has raised approximately SEK 100 million ($9.6 million) after issuing more than 3.2 million shares to existing shareholders and new investors. Details regarding the strategic move emerged Tuesday with GiG confirming that its […]
Business
June 4, 2024
GiG Designates Phil Richards as CFO of Platform & Sportsbook
Gaming Innovation Group (GiG) has announced a significant addition to its C-suite, naming the experienced Phil Richards as the new chief financial officer for Platform & Sportsbook. The latest addition is in line with the ongoing strengthening of the division’s senior executive team under the guidance of CEO Richard Carter. GiG described the appointee as […]
Business
June 3, 2024
GiG to Acquire Casinomeister in a $3.25M Deal
Gaming Innovation Group, a leading gambling affiliate and iGaming platform provider, has announced its strategic acquisition of Casinomeister, a casino advocacy and review platform. The new acquisition will reinforce GiG’s business, cementing its commitment to providing better player services to its iGaming partners. According to the announcement, GiG will purchase Casinomeister in a €3 million […]
Business
May 7, 2024
GiG Posts Q1 Financials, Says Its Ready for Its Business Split
Gaming Innovation Group, a leading iGaming technology company, providing solutions, products and services to iGaming operators, has published its Q1 results, reporting all-time-high revenues and confirming its readiness to split its business. For context, the GiG Media division reported revenues of EUR 28 million ($30.2 million), representing a new record. This figure marks a 52% […]
Business
April 8, 2024
GiG Unveils Proposed Board Changes as Strategic Split Progresses
Gaming Innovation Group announced that the strategic split of its Media and Platform businesses is progressing well. As part of the process, the company’s nomination committee reviewed and evaluated two separate board compositions, which would optimize the two businesses. For reference, GiG Media will continue to operate under the current corporate structure. GiG Platform, on […]