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
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 …
Read More »Strike aiming for ‘high-growth potential’ with GiG partnership
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 …
Read More »GiG looks to positive year-end as Q3 revenues reach €22.9m record high
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 …
Read More »GiG seeks continued North American momentum as new hub opened
Gaming Innovation Group (GiG) has continued its focus on North American expansion, opening a new hub for the region this week. The new centre will be led by by Co-founder Ben Clemes, who will take on the role of President of GiG North America, and is due to open during Q2 of 2023. London-based GiG stated that the development marks a …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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