Oslo-listed Gaming Innovation Group (GIG) continues the expansion of its industry affiliate network by confirming that it has agreed to purchase a DACH region (Germany, Austria and Switzerland) marketing asset for a total consideration of €5.7 million. Updating investors, GIG governance chose not to disclose the assets name, but stated that its acquisition would bolster the firm’s German language sports …
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Oslo-listed Gaming Innovation Group (GIG) continues its M&A focused growth strategy and industry affiliate marketing services expansion by confirming the acquisition of Casinotopsonline.com for a total consideration of €11.5 million. Updating the market, GIG governance detailed that its takeover of Casinotopsonline.com and its related assets represented industry marketing subsidiary Innovation Labs biggest acquisition to date. On completing the deal, GIG …
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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 …
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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 …
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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 …
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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 …
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Updating the market, Oslo-listed Gaming Innovation Group (GIG) has confirmed that it has entered a binding agreement to acquire Scandinavian online gambling operator Betit Holdings (Betit) in a deal valued at €54 million. Signing a ‘letter of intent’, GIG is set to issue 153 million new shares in order to inherit Betit assets. Furthermore, industry venture financier Optimizer Invest, a leading …
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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 …
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Issuing a corporate update Oslo listed Gaming Innovation Group (GIG) has detailed that it will look to place 23 million new shares at a target price of NOK 1.95 per share. GIG governance aims to raise an estimated NOK 45 million (€4.8 million) through the planned share placement, which will be directed by Swedbank Robur Fonder a leading Scandinavian asset …
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As Pope Francis prepares for his week-long visit to the United States, the first by a leader of the Catholic Church since 1999,UK bookmakers have placed the popular figurehead at 7/1 to win the 2015 Nobel Peace Prize. Pope Francis the most high profile of candidates on bookmakers’ short-lists, currently lies third favourite to win the Nobel Prize which will awarded …
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