IGaming Cloud, a platform for operators and whitelabels, has revealed that Aaron Xuereb has been appointed as the company’s new Chief Data Officer. Xuereb will be based in Malta and tasked with the long term development and optimisation of iGC’s data infrastructure with a focus on providing the best user experience for all the firm’s partners. He arrives at iGC, …
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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 …
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Yggdrasil Gaming has reached an agreement with Gaming Innovation Group to provide the operator with its full suite of video slots. Yggdrasil’s portfolio of games will be rolled-out across the operator’s B2C sites, including its flagship online casino and sportsbook, Guts.com and Rizk.com. The operator will also gain access to Yggdrasil’s collection of in-game promotional tools, BOOST™, including the recently-launched …
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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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After publishing its latest results, the Malta based Gaming Innovation Group showed a continued strong growth in both performance and revenues, with €14.5m (£12.8m) in the third quarter meaning it saw an increase of 201% from the same period in 2015. With this in mind the report also noted that the group expects to exceed the guided 100% organic growth for …
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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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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 …
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