Tag Archives: sportnco

Following the news that ex-Sportnco shareholders have formed a concerted action that now represents 8.2% of the Gaming Innovation Group (GiG) shareholding, SBC News spoke with its representative Hervé Schlosser to find out more about how the investment fits into the group’s plans.  The action means that around 70 former Sportnco shareholders now represent the third largest shareholder in GiG …

The board of Gaming Innovation Group (GiG) has confirmed that CEO Richard Brown will conclude his leadership tenure at the Nasdaq Stockholm igaming technology supplier on 31 December 2023. This decision comes as GiG continues its strategic review, announced in February, which upholds the objective of splitting the company into two separate businesses of GiG Media and Platform-&-Sportsbook solutions. Investors …

Gaming Innovation Group (GiG) has begun a strategic review of its business, which could see a separation of the company into two publicly traded enterprises. The review will take place throughout the year, having been ‘initiated immediately’, with a focus on what strategic and operational objectives will need to be achieved for a split between the two respective divisions.  A …

Gaming Innovation Group’s (GiG) Sportnco sportsbook unit has signed its latest commercial partner, Spanish group Starcasino Group. Marking GiG’s 14th partnership in the Spanish igaming market, the three-year deal will support Starcasino’s entry into the space, where it will operate both sportsbook and casino products.  GiG’s role in the company’s launch will focus on leveraging its existing standing in Spain, …

Gaming Innovation Group (GiG) rides with confidence as its business is refreshed by the successful integration of the Sportnco platform, supporting the continued record-breaking growth of its Media network.   Publishing its 2022 interim trading statement, the group declared all-time-high Q2 corporate revenues of €22m, up 37% on corresponding 2021’s €16.1m. Headline growth was attributed to the GiG Media network recording …

Gaming Innovation Group (GiG) has secured two key milestones for its continued global growth, signing a tier-one UK firm as a client and gaining entry into Ontario. In the UK, the sports betting and iGaming software company has signed a head of terms agreement with Aspers Group, entering into a platform and managed services partnership with the retail operator.  The …

Analysing trends from across the global sports betting industry, Spotlight Sports Group (SSG) has published its second review of the sector, BetTech Ecosystem 2022. Conducted by the company’s internal research team along with independent experts, the study focuses on the regulated betting sectors in Europe and the Americas, evaluating regulatory, operational and M&A trends. Investigating the two aforementioned regional markets, …

Gaming Innovation Group (GiG) has outlined its confidence in achieving its full-year 2022 commercial and strategic objectives, following a strong start to year trading. Publishing its Q1 trading update (period ending 31 March), GiG achieved ‘all-time high’ corporate revenues of €19 million up 27% on corresponding 2021 results of €15 million. Of significance, the Stockholm Nasdaq firm underlined that all …

Gaming Innovation Group (GiG) has announced that its newly integrated Sportnco subsidiary has secured a commercial agreement to provide system solutions for Betway Portugal (Betway.pt). The partnership agreed with GM Gaming Limited, the operating company of Betway brand in Portugal, for the provisions of Sportnco’s sportsbook and player account management (PAM) solutions. The agreement sees Sportnco expand its existing relationship …

Gaming Innovation Group (GiG) will power the launch of a new sportsbook brand in the Lativan market, FeniBet, in collaboration with one of its long-term partners in the country.  Working with Novomatic AG Group’s Admirāļu klubs, FeniBet’s entry into the Latvian sector is GiG’s third in the country, as the platform and sportsbook provider looks to further consolidate its foothold …