Tag Archives: SkyCity

GiG updates 2022 outlook as Sportnco takeover is settled

SBC News GiG updates 2022 outlook as Sportnco takeover is settled

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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