Oslo-listed Gaming Innovation Group (GIG) continues its acquisition strategy confirming today that it has acquired Swedish-based affiliate marketing network Magenti Media. GIG is set to take control of Magenti’s industry portfolio which has ‘high-coverage’ positions targeting Swedish casino traffic. GIG governance further detailed that it would incorporate Magenti’s ‘highly experienced’ search engine optimisation team as part of its acquisition. Acquiring …
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Gaming Innovation Group agrees deal to acquire OddsModel
Gaming Innovation Group (GIG) have agreed a deal to acquire sports betting technology company OddsModel. GIG will eventually integrate all OddsModel systems into iGamingCloud’s sportsbook engine, but hope to complete the initial integration process in time for Euro 2016. OddsModel develops technology platforms and statistical models to calculate probabilities of sporting outcomes, generating real-time pricing of pre-match and in-play sports …
Read More »Gaming Innovation Group signs new iGamingCloud agreement
Gaming Innovation Group Inc. (GIG) has signed an agreement with SuprNation to launch its new offering onto GIG’s iGaming Cloud (iGC) platform service. This is the 13th iGC agreement entered into and the total annual contributions from the iGC platform clients adds up to around £4.1m. Robin Reed, CEO of GIG stated: “We are pleased to see that the growth in iGC agreements …
Read More »Gaming Innovation Group issues new share placement with Swedbank Robur Fonder
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 …
Read More »GUTS.com operator announces first corporate profits
Updating the market on its Q2 corporate performance, Oslo-listed Gaming Innovation Group (GIG) posted an 88% rise in revenues of €4.8 million (£3.4 million) up from Q2 2014’s €2.5 million. GIG, the operating company of igaming and sports betting brand Guts.com, recorded improvements throughout its core top-line metrics, as a stronger revenue generation translated to gains in Q2 EBITDA earnings …
Read More »Guts.com migrates to in-house developed platform
European igaming and sports betting operator Guts.com has confirmed that it has ended its platform services partnership with igaming technology provider EveryMatrix. The operator confirmed that it successfully migrated its product range to its parent company developed Gaming Innovation Group’s iGaming Cloud Platform on 1 June. Guts.com will continue to utilise EveryMatrix’s price feed solution OddsMatrix. The platform migration follows …
Read More »Gaming Innovation Group appoints Robin Reed CEO
Nordic online gambling group Gaming Innovation Group (GIG), has confirmed the appointment of Robin Reed as Company CEO replacing Kjetil Aasen. Reed has previously served as Managing Director of GIG online gambling and sports betting brand Guts.com. GIG governance noted that the changes would be in-effect immediately as the group looks to expand its presence in the European online gambling …
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