Gambling News - 'Gig'
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 […]
Business
February 27, 2024
GiG Promotes Matejic to Fresh COO Position
Leading affiliate in the iGaming world that drives over 100,000 depositing players on a yearly basis, Gaming Innovation Group (GiG) Media, has announced it has taken its plan to split its two businesses into two companies listed independently publicly a step further. Namely, GiG Media has completed its goal to create a new chief operating […]
Business
February 14, 2024
GiG Publishes All-Time High Q4 Results
Gaming Innovation Group (GiG) has published its Q4 2023 financials, reporting increases across the board. The company’s metrics for the period were very strong, underpinned by the company’s robust business strategy. GiG’s Q4 2024 revenues stood at EUR 35.6 million (38.2 million). This is notably the highest quarterly revenue ever recorded by the group and […]
Business
February 13, 2024
GiG Extends iGaming Platform Deal with Casumo
Gaming Innovation Group, the industry-leading platform and media provider, has extended its deal with Casumo, one of its long-term partners. Under the extended agreement, GiG will continue to provide the online operator with its robust iGaming platform. According to the announcement, GiG will now continue to provide Casumo with its platform until 2027. The expanded […]
Business
February 2, 2024
GiG Appoints Ryan Collinge as SVP of Business Development
Leading iGaming technology company that provides solutions, products, and services to iGaming operators, Gaming Innovation Group (GiG), has appointed Ryan Collinge as the new senior vice president of business development for Platform and Sportsbook. The news comes in the context of the company’s ongoing efforts to improve its commercial expertise and expand the reach of […]
Business
January 24, 2024
GiG Unveils Next-Gen iGaming and Sportsbook Solutions
Gaming Innovation Group (GiG), a recognized leader in the B2B online gaming industry, has revealed a suite of cutting-edge product enhancements, significantly bolstering its portfolio. These new solutions should substantially elevate the company’s position in the competitive global market and help it maintain its impressive 2023 momentum through additional strategic partnerships. CoreX and SportX Incorporate […]