Tag Archives: Gaming Innovation Group

Swedish adjustment sees GiG report Q1 2019 revenue dip

Issuing its first trading statement as a Nasdaq Stockholm-listed enterprise, Gaming Innovation Group (GiG) details a tough opening to 2019 trading, as the company undertakes Swedish market adjustments. Updating investors, GiG records a 13% group revenue decline to €32 million (Q12018: €37m), attributed to anticipated Swedish market costs following the re-regulation of the market. Swedish adjustments impacted GIG’s revenue segments …

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Kindred integrates new GiG Comply technology to monitor affiliate activity

Gaming Innovation Group (GiG) has penned a new deal with Kindred Group which will see them integrate its new B2B marketing compliance technology, GiG Comply, across its business model. The new technology will allow Kindred to track affiliate activity and content across its online betting and gaming brands, ensuring that compliance is upheld. It will also offer the chance to …

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GiG hits 2018 guidance despite difficult year-end landing

Publishing its final trading statement as an Oslo Bors listed enterprise, Gaming Innovation Group (GiG) details that it has fulfilled on expectations set-out in its 2018 corporate guidance, despite facing a turbulent Q4 2018 closing period. Updating investors, GiG informs that during Q4 2018 trading the company would move to write-down four of its ‘in-house brands’ restructuring its B2C division. …

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Industry VC Optimizer Invest splits AM & consultancy functions

Malta-based industry venture capital firm Optimizer Invest has moved to restructure and realign its operations, separating its asset management and consultancy divisions. In connection with the separation, Optimizer Invest informs that its corporate shares in Stockholm-listed Catena Media and Gaming Innovation Group (GiG) will be redistributed to senior partners – Henrik Persson Ekdahl, Andre Lavold and Mikael Riese Harstad.  The …

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Robin Reed: GiG – Stockholm new boy will match the sector’s active opportunities

Robin Reed Chief Executive and Co-Founder of Gaming Innovation Group (GiG) has detailed his firm’s strategic vision and future strategy to new investors, as GIG prepares to end 2019 by listing as a new Stockholm Nasdaq enterprise. Founded six years ago in Oslo, Reed details that GiG’s enterprise founding team have been led by the mission of delivering ‘digital transformation’ …

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Strong B2C & B2B mix delivers Q3 double-digit growth for GiG

Oslo-listed online gambling firm Gaming Innovation Group (GiG) continues its strong 2018 momentum, reporting double-digit growth across all its core corporate metrics and performance KPIs for Q3 2018 trading. Citing group-wide initiatives undertaken to improve profitability and general performance, GiG records operating revenues of €37 million up 21% on Q3 2017’s €30 million. Updating investors, the Oslo enterprise details a …

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GiG Games secures UK B2C supplier licence

Gaming innovation Group (GiG) strengthens its UK provisions, confirming that it has been approved a UK Gambling Commission ‘B2B licence’ allowing the firm to supply its proprietary online casino content. Updating the market, GiG informs that it’s in-house games development studio – ‘GiG Games’ has been approved as games provider by the UKGC, allowing the firm to service its UK-licensed …

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GiG secures UKGC B2B licence for sports betting modules

The UK Gambling Commission (UKGC) has granted Oslo-listed online gambling firm Gaming Innovation Group (GiG) the right to service industry sports betting platform and systems’ provisions at a B2B level. Updating the market, GiG governance confirms that it has secured a complete UKGC B2B licence, which will allow the Oslo enterprise to service its existing white label partners and external …

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GiG inks deal with “first external sportsbook” in MRG’s 11.lv

Online gambling organisation Gaming Innovation Group (GiG) has signed its first external sportsbook contract, after agreeing a deal with MRG’s Latvian entity 11.lv. The multi-year extension to its existing deal, hailed as a “milestone” by GiG, will see the provision of the firms new GiG Sports Betting Services, including GiG Goal, GiG Trader and GiG Sports Connect. Robin Reed, CEO …

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GiG confident of 2018 targets as company strengthens commercial & product pipelines

Oslo-listed online gambling firm Gaming Innovation Group (GiG) is confident of achieving its full year 2018 expectations, as the company reports strong interim results, driven by growth across its B2C and B2B verticals Year-to-date, GiG has recorded corporate revenues of €74 million (H1 2017: €50 million), as the gambling group continues to strengthen its commercial pipeline combining organic and acquired …

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