GiG Software (GiG) has extended its partnership with Betsson Group, seeking to build upon their previous arrangements in place dating back to 2022, by expanding the latter’s scalability. The new contract will enable Betsson to deploy GiG’s latest tech stack, including its AI ecosystem that features machine learning tools. It will also incorporate its workflow automation tools LogicX and DataX, …
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GiG bulks up commercial pipeline as 2024 reset is complete
Gaming Innovation Group (GiG) has identified multiple opportunities to enhance its commercial pipeline as a stand-alone iGaming technology supplier. The statement leads GiG to publish its first quarterly results following its split from the media business of Gentoo, completed on 1 October 2024. Publishing new accounts on the Nasdaq First North Premier Growth Market of Stockholm, under the new ticker …
Read More »GiG begins new Stockholm listing as B2B technology group
Gaming Innovation Group (GiG) has begun its first day of trading as an independent iGaming technology group, listed on Stockholm’s Nasdaq First North Premier Growth Market. Taking its listing as ‘GiG Software Plc’, GiG completes its two-year split from its media business to function as a B2B iGaming technology supplier. Stockholm investors were informed that “GiG continues to leverage its …
Read More »GiG to conclude Media & Platform split on 30 September
Gaming Innovation Group (GiG) has confirmed to the markets that the strategic split of its business will be formally completed on 30 September 2024. Investors of the Stockholm-Nasdaq technology group were informed of key dates for the remaining procedures for GiG to conclude the split of its Media and Platform businesses into separate entities. As mandated, GiG will host a …
Read More »GiG reports ‘all-time high’ Q1 ahead of platform and media split
GiG has revealed it has performed itss ‘13th successful quarter’ in the latest quarterly update from the company. Petter Nylander, GiG Chairman of the Board, said that they are ‘proud’ of another all-time-high revenue,driven by organic and M&A developments across its media and sportsbook ventures. Presented by Jonas Warrer, CEO Media and Group CEO, the reported revenue generated by GiG …
Read More »Matthew Saxon to fuel technological advancements at GiG
Matthew Saxon has become the new Chief Technology Officer (CTO) of Gaming Innovation Group (GiG). Described as an experienced professional in the sector, Saxon will lead the development of GiG’s solutions including engineering and infrastructure, platform migrations as well as GiG Data and GiG Logic. He has worked across the igaming and financial industry for over 30 years, and now …
Read More »GiG issues €75m bond ahead of big break-off
Gaming Innovation Group (GiG) has successfully issued €75m in senior secured bonds to increase capital funds available for its business. The bond is made up of two tranches of €45m and SEK350m (€30m) and allows GiG to expand the bond’s total borrowing limit to “€100m equivalent, related to this issue.” Proceeds from the bond will be used to fully repay …
Read More »GiG acquires KaFe Rocks after closing stellar Q3 trading
Gaming Innovation Group (GiG) has reported another successive quarter of revenue growth ahead after announcing its resumption of M&A activity in pursuit of a stronger US profile. On track for ‘world leader’ ambitions Group-wide revenue for the quarter reached an ‘all time high’ of €31.8m, up 39% year-on-year from corresponding Q3 2022 figures of €22.9m, whilst EBITDA also rose 61% …
Read More »Cochrane takes up Chief Business Officer mantle at GiG sportsbook
Andrew Cochrane has joined Gaming Innovation Group (GiG) as Chief Business Officer (CBO) for the B2B igaming developer’s Platform & Sportsbook division. The new hire will be tasked with implementing GiG’s commercial strategies for its platform, sportsbook and AI anchored solutions covering business development, marketing, partnerships and corporate development. This will include a focus on recruitment and locating talent, whilst …
Read More »GiG readies for break-up as Brown ends all CEO duties
Gaming Innovation Group (GiG) has announced that, effective today, Richard Brown has ended all duties as CEO of the Nasdaq-listed igaming platform and media services provider. The pending resignation of Brown was officially announced to GiG investors on 29 May 2023, as Brown is set to become the new CEO of Glitnor Group from January 2024, taking leadership of the …
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