Tag Archives: GIG

Group restructure sees GIG unify B2C assets under new division led by Thomas Bäckman

Oslo-listed Gaming Innovation Group (GIG) has confirmed that it will undertake a ‘far-reaching’ organisational restructure in a move to integrate its recently acquired assets with its existing industry portfolio of betting/igaming brands. The restructure will see GIG create a ‘B2C Division’ integrating acquired Betit Group assets (purchased June 2016) of Kaboo, SuperLenny and Thrills.com unified under a new B2C organisation …

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Niké prepares for new liberalised market with Gaming Innovation Group as platform provider

Furthering its presence within Eastern European betting markets, Oslo-listed Gaming Innovation Group (GIG) has confirmed that it has entered a platform services partnership with Niké, Slovakia’s largest betting operator. Niké who at present operator over 900 betting points in Slovakia, will integrate GIG’s iGaming Cloud (iGC) platform as the gambling operator prepares for a new regulatory framework for igaming and …

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GIG aims for Malta HQ campus move by Q2 2017

Seeking to attract the best talent in Malta, Gaming Innovation Group (GIG) has announced that it has agreed an 8-year lease to relocate its corporate headquarters to an innovation-led campus building at St. George’s Bay. GIG governance stated that the company would aim to relocate its operations by Q2 2017, detailing that its new HQ would represent a further corporate milestone …

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Active player increase sees Gaming Innovation Group narrow losses for Q1 2016

Presenting its Q1 2016 update (period ending 31 March) Oslo-listed Gaming Innovation Group (GIG) reported a revenue uplift of 24% to €7.9 million (Q1 2015: €6.4 million). Detailing revenue drivers, GIG governance detailed that the company had witnessed a significant growth in active players during the period, as its online gambling assets recorded ‘92,937 real money’ players for Q1 2016. GIG …

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Gaming Innovation Group strengthens Group management

Gaming Innovation Group (GIG) have recruited Mikael Ångman as the new Chief Operating Officer (COO) of the company effective from 1 September. Furthermore, Katja Laaksonen has been appointed as Managing Director of Guts.Com. Following a period of strong growth in all segments, GIG has initiated a process of establishing Group executive management, which will be responsible for the individual managements …

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Gaming Innovation Group targets Swedish growth with Magenti Media acquisition

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 …

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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 …

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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 …

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