Gaming Innovation Group

Gaming Innovation Group
FormerlyDonkr International Ltd.
(2008-2012)
Company typePublic company
OSE: GIG
Nasdaq StockholmGIGSEK
ISINUS4593781051
IndustryOnline gambling, B2B, sports betting
Founded2008; 16 years ago (2008)
FounderRobin Reed and Frode Fagerli
Headquarters
Number of locations
Malta, Marbella, Madrid, Barcelona, Toulouse
Area served
Worldwide
Key people
Richard Carter
Andrew Cochrane
James Coxon
Phil Richards
Kevin Norville
Claudio Caruana
Ryan Collinge
ProductsCoreX
SportX
LogicX
GiG Magic
GiG Wand
SweepX
DataX
RevenueIncrease €44.1 million[1] (2019)
Decrease €24.1 million[1] (2019)
Decrease €64.7 million[1] (2019)
Total assetsIncrease €135.1 million[1] (2019)
Total equityIncrease €20.9 million[1] (2017)
Number of employees
600 (2019)
SubsidiariesiGamingCloud Ltd.

Gaming Innovation Group. (usually styled GiG) is an iGaming company offering iGaming platform, sportsbook and AI services to its B2B partners. The company is listed on the Nasdaq First North Growth Market under the ticker symbol "GIG SBD".

GiG is a full-service iGaming software services provider for online gambling operators and has progressively expanded into most segments of the supplier value chain in iGaming: Software platform services (GiG Core), formerly known as iGaming Cloud, and sportsbook (GiG Sports and the 2022 acquisition of Sportnco).[2]

The company has previously operated several consumer brands, including Rizk.com and Guts.com, before divesting them to Betsson in April 2020.[3] The company's platform of services is licensed by the MGA,[4] UKGC and offered under a TW issued by the DGE in New Jersey.[5][6] It is certified in Sweden,[7] Spain,[8] Iowa (USA),[9] Croatia and Latvia,[10][11] and is also compliant with GLI33 and GLI16 platform standards and ISO27001 for GiG Core and GiG Data.[12]

  1. ^ a b c d e "GiG - 2019 Financial Update - 14-02-2020". GiG. Archived from the original on 22 October 2020. Retrieved 21 October 2020.
  2. ^ "GiG closes €51.3m deal to acquire Sportnco". iGaming Business. 1 April 2022. Retrieved 12 May 2022.
  3. ^ "GiG selling casino brands to Betsson in €50 million deal". TimesMalta.
  4. ^ "Gaming Innovation Group signs final agreement with German facing iGaming operator". GiG - Gaming Innovation Group. Retrieved 12 May 2022.
  5. ^ "GiG Games secures UK B2C supplier licence". SBC News. 1 November 2018. Retrieved 12 May 2022.
  6. ^ "GiG receives NJ casino service licence". iGaming Business. 30 July 2020. Retrieved 12 May 2022.
  7. ^ "Gaming Innovation Group awarded two Swedish licences". GiG - Gaming Innovation Group. Retrieved 12 May 2022.
  8. ^ "Gig Operations PLC". Directorate General for the Regulation of Gambling. Retrieved 12 May 2022.
  9. ^ "Gaming Innovation Group extends Hard Rock's sportsbook in Iowa". News Powered by Cision. Retrieved 12 May 2022.
  10. ^ Miller, George (22 October 2019). "Gaming Innovation Group to enter the Croatian market". European Gaming Industry News. Retrieved 12 May 2022.
  11. ^ "Gaming Innovation Group signs with SIA Admirāļu Klubs from Latvia". GiG - Gaming Innovation Group. Retrieved 12 May 2022.
  12. ^ "GiG 'treats digital trust as priority' with ISO 27001 recertification". SBC News. 25 August 2021. Retrieved 12 May 2022.