Tag Archives: oslo

Lottstift demands that Kindred exit Norway

Norway’s Gaming Authority Lottstift has demanded that ‘Trannel International’ – a subsidiary of Stockholm-listed Kindred Group Plc – cease its market operations immediately. The regulatory body states that the Trannel syndicated properties of Unibet, Maria Casino, Storspiller and BingoLottstift have ‘actively targeted’ Norwegian consumers, breaching the nation’s gambling code. In its update, Lottstift has charged Trannel/Kindred properties of ‘knowingly targeting’ Norwegian consumers …

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GIG begins new journey on Stockholm Nasdaq

Marked as a major corporate milestone, Gaming Innovation Group (GIG) will begin trading as a Stockholm Nasdaq enterprise today (Tuesday 26 March), having secured main market listings approval. Moving forward, GIG will now operate as a dual-listed enterprise, with its shareholding maintained on the Stockholm Nasdaq (ticker – GIGSEK) and Oslo Børs (ticker – GIG). GIG’s Stockholm IPO has been assisted …

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Lotteritilsynet deepens Norway payment blackout

Norway’s gambling authority Lotteri-og Stiftelsestilsynet (Lotteritilsynet), continues its hardened stance against remote gambling operators, deemed to be illegally targeting national consumers. Upping its command on restricting remote gambling services, this weekend Lotteritilsynet revealed that it had ordered all Norwegian licensed banks to block payment transactions which could be identified for the purposes of online gambling. The Times of Malta reports …

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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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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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GIG targets ‘Sports expansion’ following strong 2018 opening

Publishing its Q1 trading update (period ending 31 March), Oslo-listed online gambling firm Gaming Innovation Group (GIG) has detailed confidence in hitting its full-year targets following a strong opening to 2018. Driven by strong organic growth across its online gambling brands, GIG reports period group revenues of €37 million up 62% on corresponding Q1 2017’s €23 million. Updating the market, …

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GiG appoints Anna-Lena Åström as Corporate Communications lead

Oslo-listed Gaming Innovation Group (GiG) has confirmed the appointment of Anna-Lena Åström as its new Head of Investor Relations & Corporate Communications. Åström joins GiG’s executive team from Stockholm-listed online betting platform/software supplier Kambi Group Plc, where she served as chief communications lead for a four-year tenure. A veteran in corporate finance and enterprise stakeholder management, Åström will be tasked with leading …

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Disruptive Property! Gaming Innovation Group launches Highroller.com

Oslo-listed online gambling operator Gaming Innovation Group (GIG) has announced the launch of its latest B2C online casino property Highroller.com Highroller.com sees GIG expand its online casino portfolio to seven properties. The online gambling group states that Highroller.com will be a disruptive brand within the industry, delivering a unique and fully immersive experience for online casino players, with market leading …

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GIG becomes Scandinavian affiliate marketing leader acquiring Stk Marketing for €26 million

Oslo-listed Gaming Innovation Group (GIG) has expanded its affiliate network by acquiring Scandinavian media owner Stk Marketing Ltd for a total consideration of NOK 240 million (€26 million). Updating investors, GIG governance stated that the acquisition will make GIG services the outright leader in Nordic industry player acquisition. The acquisition of Stk Marketing assets is expected to generate + €7 …

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Commercial growth of iGaming Cloud boosts GIG 2017 opening performance

Presenting its Q1 2017 interim results (period ending 31 March), Oslo-listed European online gambling operator Gaming Innovation Group (GIG) has detailed a strong start to 2017 despite significant costs attributed to group marketing initiatives. Driven by the growth of its iGaming Cloud Platform, which currently services 28 external clients operating 41 active brands, GIG would report period revenues of €23 …

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