Tag Archives: Gaming Innovation Group (GiG)

GiG lauds its ‘B2B makeover’ delivering Q2 growth

Gaming Innovation Group (GiG) has stated that it has delivered on ‘several strategic directives’ as the firm sets out on its new ambition to become the industry’s ‘leading global tier-1 B2B supplier’.  Publishing its Q2 2020 trading statement, GiG pointed to ‘continued quarterly growth’, recording a 47% increase in group revenues to €16.7 million (Q2 2019 -€11.3m).  Following the divestment …

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GiG launches WSN Podcast hosted by Bill Krackomberger 

Gaming Innovation Group (GiG) has announced the recent expansion of its sports news and entertainment coverage in the US via a new podcast partnership between its flagship brand, World Sports Network (WSN.com), and expert sports bettor Bill Krackomberger. Krackomberger commented on the new show, saying: “I’ve been approached to do podcasts before but I believe this is the right place for it. After betting …

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B2B plans on hold for Betsson despite strong Q1 opening

Betsson AB has reported a strong opening to 2020 trading, as the company moves to significantly expand its B2C portfolio and sportsbook capacities. Publishing its Q1 2020 trading update for the three month period ending 31 March, Betsson recorded group revenues of SEK 1,417m (€130m) – up 7% on corresponding Q1 2019’s SEK 1,333m. Betsson attributed growth during the period …

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GiG finalises sale of B2C assets to Betsson

Gaming Innovation Group (GiG) has confirmed that it has completed the sale of its B2C assets to Betsson Group in a €33 million deal. The sale include the operator brands Rizk, Guts, Kaboo and Thrills and related operational entities which will continue to be operated on GiG’s platform for a minimum of 30 months. For the first 24 months, it …

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GiG adds virtuals as part of 1X2 Network deal

Gaming Innovation Group (GiG) has confirmed the launch of virtual sports betting as part of a partnership with 1X2 Network which will further extend its sportsbook solution and offering to operators. GiG’s new virtual portfolio includes instant horse racing, greyhound racing, trotting, Velodrome, speedway and football, as well as scheduled horse racing and tennis. Chris Armes, chief information officer at …

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Domenico Vacchiano joins Magellan Robotech

Magellan Robotech, a subsidiary of Stanleybet Group, has strengthened its senior leadership team after naming Domenico Vacchiano as its new Head of Technology. Prior to joining Magellan Robotech, Vacchiano served as tech leader and a member of the tech management team at Gaming Innovation Group (GiG). He has also served as a member of board of directors and CTO at …

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GiG to offer free coronavirus searches for online operators

Gaming Innovation Group (GiG) has cracked down on affiliates exploiting the ongoing COVID-19 pandemic by adding coronavirus keywords to its proprietary affiliate monitoring and compliance software, GiG Comply. Operators will benefit from free searches which will flag up whether their brand is being promoted inappropriately by affiliates. James King, Director of Sales, commented: “We don’t believe anyone should be profiteering …

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GiG launches ‘mobile friendly’ Iowa sportsbook

Stockholm listed Gaming Innovation Group (GiG) has strengthened its position in the US with the launch of its ‘mobile friendly online sportsbook’ in Iowa. The sportsbook will be launched for its partner Hard Rock International, and will support the existing over-the-counter solution on the casino floor at the Hard Rock Hotel & Casino Sioux City. At the time of signing …

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GiG calls for a strategic review as B2B performance flops

Mirroring industry-wide trends, Stockholm-listed Gaming Innovation Group (GIG) reports that Swedish home market adjustments continue to impact its corporate performance. Publishing its Q3 2019 trading update (period ending 30 September), GiG records a 20% decline in corporate revenues to €30 million (Q32018: 37m). Closing October trading, GiG governance issued a Q3 pro-forma guidance detailing that it had been forced to reduce …

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GiG renews ISO Tech Security certificate

Updating stakeholders, Stockholm-listed Gaming Innovation Group (GiG) has confirmed that it has been accredited with ISO-27001 certification for a further year. Sanctioned by the consumer standards and protections NGO the ‘International Organisation for Standardization’, ISO-27001 is regarded as one of the highest-ranking global IT security certificates for technology enterprises. ISO accreditation follows a review of GIG’s technology stack, analysing the …

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