Tag Archives: GIG

GIG launches Nordic ‘Top 5’ brands Guts.com & Super Lenny for the UK betting market

Oslo-listed Gaming Innovation Group (GIG), has announced that it will launch its popular Nordic facing brands Guts.com and Super Lenny (SuperLenny.com) for the UK market, having gained its official sports betting operator license from the UK Gambling Commission (UKGC). Following its UKGC approval, GIG governance informs that it is now allowed to operate its proprietary brands in addition to third …

Read More »

Effective M&A strategy sees GIG revenues jump 202% for 2016

Completing its first full-year on the Oslo Stock Exchange (listed July 2015), Gaming Innovation Group (GIG) has recorded a 202% increase in corporate revenues to €53 million (FY 2015: €17.8 million). Updating investors, GIG governance stated that its performance had been driven by its effective M&A strategy which had seen the firm increase its presence in lucrative Nordic markets. Closing …

Read More »

‘Made in Germany’…GIG launches Wetten.com

Oslo-listed Gaming Innovation Group (GIG) has announced the launch of new German-language online sportsbook Wetten.com delivered through its industry platform subsidiary iGaming Cloud. Wetten.com becomes the first betting operator to be launched on the iGaming Cloud platform, utilising GIG groups Malta Class 4 Remote Gaming License. GIG’s Wetten.com partnership has seen the company partner with German sports betting industry veterans Daniel …

Read More »

GIG obtains gaming licence to supply its sports betting services

GIG - Copyright: grinvalds / 123RF Stock Photo

Gaming Innovation Group (GIG) has obtained a Class 4 Remote Gaming Licence from the Malta Gaming Authority (MGA) for its subsidiary BettingCloud Ltd. The B2B supplier licence means that GIG can supply its sports betting product to other licensed operators, starting with Germany-facing operator Wetten.com. Wetten.com has become the first operator client to launch on the BettingCloud licence, and will …

Read More »

Group restructure sees GIG unify B2C assets under new division led by Thomas Bäckman

Oslo-listed Gaming Innovation Group (GIG) has confirmed that it will undertake a ‘far-reaching’ organisational restructure in a move to integrate its recently acquired assets with its existing industry portfolio of betting/igaming brands. The restructure will see GIG create a ‘B2C Division’ integrating acquired Betit Group assets (purchased June 2016) of Kaboo, SuperLenny and Thrills.com unified under a new B2C organisation …

Read More »

Niké prepares for new liberalised market with Gaming Innovation Group as platform provider

Furthering its presence within Eastern European betting markets, Oslo-listed Gaming Innovation Group (GIG) has confirmed that it has entered a platform services partnership with Niké, Slovakia’s largest betting operator. Niké who at present operator over 900 betting points in Slovakia, will integrate GIG’s iGaming Cloud (iGC) platform as the gambling operator prepares for a new regulatory framework for igaming and …

Read More »

GIG aims for Malta HQ campus move by Q2 2017

Seeking to attract the best talent in Malta, Gaming Innovation Group (GIG) has announced that it has agreed an 8-year lease to relocate its corporate headquarters to an innovation-led campus building at St. George’s Bay. GIG governance stated that the company would aim to relocate its operations by Q2 2017, detailing that its new HQ would represent a further corporate milestone …

Read More »

Active player increase sees Gaming Innovation Group narrow losses for Q1 2016

Presenting its Q1 2016 update (period ending 31 March) Oslo-listed Gaming Innovation Group (GIG) reported a revenue uplift of 24% to €7.9 million (Q1 2015: €6.4 million). Detailing revenue drivers, GIG governance detailed that the company had witnessed a significant growth in active players during the period, as its online gambling assets recorded ‘92,937 real money’ players for Q1 2016. GIG …

Read More »

Gaming Innovation Group strengthens Group management

Gaming Innovation Group (GIG) have recruited Mikael Ångman as the new Chief Operating Officer (COO) of the company effective from 1 September. Furthermore, Katja Laaksonen has been appointed as Managing Director of Guts.Com. Following a period of strong growth in all segments, GIG has initiated a process of establishing Group executive management, which will be responsible for the individual managements …

Read More »

Gaming Innovation Group targets Swedish growth with Magenti Media acquisition

Oslo-listed Gaming Innovation Group (GIG) continues its acquisition strategy confirming today that it has acquired Swedish-based affiliate marketing network Magenti Media. GIG is set to take control of Magenti’s industry portfolio which has ‘high-coverage’ positions targeting Swedish casino traffic. GIG governance further detailed that it would incorporate Magenti’s ‘highly experienced’ search engine optimisation team as part of its acquisition. Acquiring …

Read More »