Tag Archives: Gaming Innovation Group

Getting regulation ready for the US – Navigating the process of platform certification for the online market

platform

The speed at which you can get to market with a certified platform has become a crucial talking point for igaming operators as more US states open their doors to regulated gambling. We spoke to Daniel Files, Technical Compliance Business Director at Gaming Innovation Group (GiG), to get a better feel for the time and resources involved with certifying a …

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GiG pursues new growth opportunities with two convertible loans

GiG pursues new growth opportunities with two convertible loans

Gaming Innovation Group (GiG) has issued a subordinated convertible loan to two Nordic investment funds which will be used to ‘expedite revenue generating activities and enhance future growth’. The €8.5 million loan, which has been issued to Formue Nord A/S and Symmetry Invest A/S, comes as GiG looks to strengthen its cash position and capitalise on new growth opportunities that …

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GiG leads KAK Skopje sportsbook ambitions 

Gaming Innovation Group (GiG) has secured an extension to its existing tech partnership with North Macedonia casino group K.A.K. DOO Skopje (KAK). Recognised as North Macedonia’s biggest casino operator, KAK appointed GiG in September to lead the digital transformation of its flagship ‘LeGrand Casino’. KAK has also recently secured a licence extension allowing it to enter Macedonia’s sports betting marketplace, …

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GiG ups code security oversight with Checkmarx

Gaming Innovation Group (GiG) has strengthened its systems testing and security oversight of technology applications after signing a comprehensive agreement with Checkmarx. Under the agreement, Checkmarx will provide GiG with stat application security testing (SAST) provisions, allowing the Stockholm-listed technology group to meet its client scale and build-quality demands. Checkmarx is recognised as one of the leading digital security testing …

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GiG launches WSN Podcast hosted by Bill Krackomberger 

Gaming Innovation Group (GiG) has announced the recent expansion of its sports news and entertainment coverage in the US via a new podcast partnership between its flagship brand, World Sports Network (WSN.com), and expert sports bettor Bill Krackomberger. Krackomberger commented on the new show, saying: “I’ve been approached to do podcasts before but I believe this is the right place for it. After betting …

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GiG strengthens sportsbook profile as recovery blossoms

Following four consecutive quarters of decline, a reformed Gaming Innovation Group (GiG) has welcomed a return to performance growth. As part of its Q1 2020 trading update, the Stockholm-listed online gambling technology supplier explained that it is benefiting from a group transformation and cost savings programme implemented during 2019, as corporate revenues return to €31m (Q1 2019: €32m). Operational highlights …

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GiG streamlines development resources with GroupVery

A restructured Gaming Innovation Group (GiG) has formed a strategic partnership with IT and engineering studio GroupVery improving its clients’ all-round web development and operating capacities. The London-based studio will be handling frontend development of GiG’s platform services for customers needing specific requirements. Operating since 2017, GroupVery has developed a specialist engineering team developing and maintaining customised frontends for high-volume and …

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GiG lists SEK 400m bond on Stockholm Nasdaq

The governance of Stockholm-listed Gaming Innovation Group (GiG) has confirmed that it has secured the right to float a new SEK 400 million (€40m) bond placement with interest repayments due for  2022. Issuing a corporate filing, GiG governance details that it will begin trading its new bond arrangement on the Stockholm Nasdaq Exchange on 27 December 2019. GiG’s transaction has …

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GiG gearing up for 2020 data drive

Stockholm-listed Gaming Innovation Group (GiG) will expand its product portfolio through new vertical ‘GiG Data’ – the firm’s soon to be launched ‘next generation’ data platform. Inbound for 2020, GiG Data will be fully integrated with GiG’s lead industry platform solution ‘GiG Core’ and made available for third-party integrations. In its product notes, GiG details that it industry-tailored data solution …

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GiG makes Croatia play by acquiring majority stake in Top Games

Stockholm-listed Gaming Innovation Group (GiG) has this afternoon confirmed that it has agreed to acquire a 75% stake in ‘Top Games d.o.o.’ – a Croatian gambling enterprise which maintains a remote gambling permit. Updating investors, GiG governance states that the agreement will allow the company to launch its in-house B2C brands for the Croatian market, in which GiG will move …

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