Tag Archives: Richard Brown

GiG acquires AskGamblers for €45m as Catena sheds Euro assets

SBC News GiG acquires AskGamblers for €45m as Catena sheds Euro assets

Gaming Innovation Group (GiG) has this morning announced that it has reached a binding agreement to acquire online gambling community AskGamblers.com from Catena Media Plc.  The buyout is agreed for a total consideration of €45m, with GiG acquiring the additional online casino assets of JohnSlots.com and NewCasinos.com, alongside “further smaller European domains”. The €45m deal will be paid as a …

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GiG recruits Marcel Elfersy as CCO of Platform and Sportsbook units 

SBC News GiG recruits Marcel Elfersy as CCO of Platform and Sportsbook units 

Gaming Innovation Group (GiG) has confirmed the appointment of Marcel Elfersy as Chief Commercial Officer (CCO), who will oversee the business development of platform and sportsbook units.  The appointment sees GiG strengthen the commercial capacity of its platform and sportsbook units, which target growth with tier-one partners. An experienced igaming C-level executive, Elfersy is the former VP of Business Development …

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Strike aiming for ‘high-growth potential’ with GiG partnership

GiG

Signing its latest operator partner, Gaming Innovation Group (GiG) has secured a deal with casino firm Strike Games. Centred around GiG’s platform solution, the partnership will focus on personalisation and development of player experiences, as Strike leverages GiG’s technology in pursuit of ‘high-growth potential’. The five-year deal covers GiG’s player account management (PAM), front-end and content management systems, with the …

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GiG looks to positive year-end as Q3 revenues reach €22.9m record high

Gaming Innovation Group (GiG)

Gaming Innovation Group (GIG) has reported a strong performance across the board in Q3, as revenue rose 35% year-on-year. Representing organic growth of 24%, GIG’s group wide income for July-August 2022 was €22.9m (Q3 2021: €16.9m), coupled with an EBITDA Margin of 37% (34.1%), with total EBITDA increasing by 47% to €8.5m (€5.8m). Significant developments during the three month period …

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Luckiest.com targets ‘truly unique offering’ in partnership with GiG

SBC News Luckiest.com targets ‘truly unique offering’ in partnership with GiG

Gaming Innovation Group (GiG) has signed its latest strategic agreement, partnering with online casino operator Luckiest.com. The London-based solutions supplier will support Luckiest.com’s ‘brand new casino concept’ across international and emerging markets with its igaming platform.  Covering an initial four-year period, the contract includes a renewal caveat and has set out a goal to leverage Luckiest.com’s SEO potential and build …

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GiG returns to profits as Sportnco revamps commercial pipeline

SBC News GiG returns to profits as Sportnco revamps commercial pipeline

Gaming Innovation Group (GiG) rides with confidence as its business is refreshed by the successful integration of the Sportnco platform, supporting the continued record-breaking growth of its Media network.   Publishing its 2022 interim trading statement, the group declared all-time-high Q2 corporate revenues of €22m, up 37% on corresponding 2021’s €16.1m. Headline growth was attributed to the GiG Media network recording …

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GiG eyes ‘great potential’ in Ontario with Kings Media deal

SBC News GiG eyes ‘great potential’ in Ontario with Kings Media deal

Identifying the Ontario market as offering significant potential , Gaming Innovation Group (GiG) has secured its first major partnership in the province. The London-based gaming technology group has signed a three-year agreement with casino operator Kings Media Ltd, with provisions for further extension, supporting the latter’s King Billy casino brand – which is expected to go live in Ontario in …

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GiG bolsters global expansion as UK client signed and Ontario licence acquired

SBC News GiG bolsters global expansion as UK client signed and Ontario licence acquired

Gaming Innovation Group (GiG) has secured two key milestones for its continued global growth, signing a tier-one UK firm as a client and gaining entry into Ontario. In the UK, the sports betting and iGaming software company has signed a head of terms agreement with Aspers Group, entering into a platform and managed services partnership with the retail operator.  The …

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GiG to power William Hill’s rebranded Latvia entry

SBC News GiG to power William Hill’s rebranded Latvia entry

Gaming Innovation Group (GiG) and William Hill have come to an agreement, with the igaming software provider powering the UK bookmaker’s launch into Latvia. The partnership has seen GiG construct Wiliam Hill’s new online offering for the country using its igaming frontend framework, designed to provide an ‘attractive, user-friendly and competitive’ sports betting and casino product.  GiG set an objective …

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