June 25, 2024
SkyCity has announced the decision to sell its stake in European-based online gaming platform Gaming Innovation Group (GiG). The New Zealand-based operator – which was advised to “enter into an unconditional agreement” to sell off all its shares – said that from its 10% stake, proceeds from the sale would result in a net return of about NZ$55m after brokerage …
Read More »April 1, 2022
Gaming Innovation Group (GiG) has secured all necessary approvals to finalise its acquisition of sports betting systems provider Sportnco. Initiated on 22 December last year, GiG entered a definitive agreement to acquire Sportnco outright for a total consideration of €51m. The deal saw GiG agree to pay an upfront cash payment of €27.8m, with the remaining settlement to be paid …
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