Tag Archives: Petter Nylander

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 ends Robin Reed’s CEO tenure with immediate effect

Issuing a market filing this morning, Stockholm-listed Gaming Innovation Group (GiG) has moved to replace Group Chief Executive Robin Eirik Reed with immediate effect. Updating investors, GiG governance said Reed has officially departed the firm’s executive leadership team as of 5 September and will be replaced by GIG Chief Operating Officer (COO) Richard Brown as interim CEO. The company confirmed that …

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Unibet to sell off Kambi Sports Solutions

Swedish listed igaming operator – Unibet is set to offload its 95% stake in sports betting service provider Kambi Sports Solutions. The operators senior management are set to take the decision to financially separate its B2B division, as it believes separation away from Unibet operations will aid Kambi Sports future growth within the online sports betting market. Unibet are set …

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