Tag Archives: Gaming Innovation Group (GiG)

Leadership of Gentoo Media stated that the firm will pursue strategic acquisitions to build on a decent financial performance in its first year under a new structure and brand name. Mikael Harstad, Chairman of the Board and Jonas Warrer, CEO, laid out the company’s objective to ‘grow and diversify our business’ following growth across both revenue and EBITDA in 2024. …

Gaming Innovation Group (GiG) has upgraded the online presence of The Football Pools’ – powered by its X-Suite technology.  Marking a ‘significant step’ in the digital evolution of the brand, The Pools looks to ‘embrace the future of igaming’ having migrated onto GiG’s SportX sportsbook and CoreX igaming platform. Richard Carter, GiG CEO, commented: “Seeing The Football Pools, an absolutely …

Continuing on with the recap of some of the biggest events in gambling in 2024, we now turn eyes to the final months of the year to review the headlines that caught our attention from October through to December. It was expected that the big players in the industry would utilise the last stretch of the year to provide a …

Gentoo Media has revealed a 15th consecutive quarter of record revenue growth, maintaining its commercial momentum following its recent split from Gaming Innovation Group (GiG).  In Q3 2024, revenues soared to €30.4m (Q3 2023:  €22.5m) and represented a 35% growth YoY (12% organic) – as headline revenues stood in-line with Gentoo’s preliminary statement issued in October.  Adjusted EBITDA stood at …

Gaming Innovation Group (GiG) has announced it will be powering Betzone with its igaming platform, CoreX, and workflow automation tools LogicX and DataX. This is the second UK deal GiG has announced in recent weeks as the company continues the execution of its strategic growth plans for the region. Andrew Cochrane, Chief Business Officer at GiG, commented: “The partnership with …

Gaming Innovation Group (GiG) has strengthened its multi-jurisdictional EU ambitions by signing a new partnership with new market player GP Gaming. The new deal will see GiG’s full turnkey solution, including its SportX sportsbook and igaming platform CoreX, being strategically deployed across key European markets – one of which being France’s highly regulated sports betting landscape, after being subjected to …

GiG has revealed it has performed itss ‘13th successful quarter’ in the latest quarterly update from the company.  Petter Nylander, GiG Chairman of the Board, said that they are ‘proud’ of another all-time-high revenue,driven by organic and M&A developments across its media and sportsbook ventures.  Presented by Jonas Warrer, CEO Media and Group CEO, the reported revenue generated by GiG …

Gaming Innovation Group (GiG) has reported another successive quarter of revenue growth ahead after announcing its resumption of M&A activity in pursuit of a stronger US profile. On track for ‘world leader’ ambitions Group-wide revenue for the quarter reached an ‘all time high’ of €31.8m, up 39% year-on-year from corresponding Q3 2022 figures of €22.9m, whilst EBITDA also rose 61% …

Andrew Cochrane has joined Gaming Innovation Group (GiG) as Chief Business Officer (CBO) for the B2B igaming developer’s Platform & Sportsbook division. The new hire will be tasked with implementing GiG’s commercial strategies for its platform, sportsbook and AI anchored solutions covering business development, marketing, partnerships and corporate development. This will include a focus on recruitment and locating talent, whilst …

Gaming Innovation Group (GiG) has announced that, effective today, Richard Brown has ended all duties as CEO of the Nasdaq-listed igaming platform and media services provider. The pending resignation of Brown was officially announced to GiG investors on 29 May 2023, as Brown is set to become the new CEO of Glitnor Group from January 2024, taking leadership of the …