Gaming Innovation Group

St. Julian's, Malta Founded: 2008 • Age: 18 yrs Acquired By Betsson Group
Cloud-based iGaming and marketing solutions for gambling operators are provided.
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About Gaming Innovation Group

Gaming Innovation Group is a company based in St. Julian's (Malta) founded in 2008 was acquired by Betsson Group in February 2020.. Gaming Innovation Group has completed 10 acquisitions, including AskGamblers, Atlas SEO and JohnSlots. Gaming Innovation Group offers products and services including iGaming Platform, SportX Sportsbook, Omnichannel, Managed Services, and Data Platform. Gaming Innovation Group operates in a competitive market with competitors including OpenBet, FSB Technology, Bede Gaming, Elys Game Technology and Rush Street Interactive, among others.

  • Headquarter St. Julian's, Malta
  • Stage Public
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gig Software Plc Shs Swedish Depository Receipt Repr 1 Sh
Operational Areas
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $10.41 M (USD), Post-IPO

    Dec 21, 2020

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    AskGamblers

    & 9 more

  • Acquired by
    Betsson Group

    (Feb 24, 2020)

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IPO & Listings of Gaming Innovation Group

Gaming Innovation Group is a publicly listed company on the OMXSTO with ticker symbol GIG_SDB in Sweden, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXSTO · Ticker: GIG_SDB . Sector: Technology services · Sweden

Products & Services of Gaming Innovation Group

Gaming Innovation Group offers a comprehensive portfolio of products and services, including iGaming Platform, SportX Sportsbook, Omnichannel, Managed Services, and Data Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Launches online operations with powerful iGaming tools.

Delivers seamless sports betting experiences for players.

Facilitates successful digital transitions for operations.

Handles expert team for operational needs and management.

Enhances decision-making with real-time data tools.

People of Gaming Innovation Group
Headcount 5000-10000
Employee Profiles 11
Board Members and Advisors 8
Employee Profiles
People
Chris Armes
CIO
People
Silvia Cecchia
Commercial Director Of Managed Services
People
Ben Clemes
CCO
People
Tore Formo
Group CFO

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Board Members and Advisors
people
Petter Nylander
Chairman
people
Paul Fischbein
Director
people
Hesam Yazdi
Director
people
Mikael Riese Harstad
Director

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Funding Insights of Gaming Innovation Group

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $10.4M
  • First Round

    (20 Feb 2017)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2020 Amount Post-IPO - Gaming Innovation Group Valuation

investors

Feb, 2017 Amount Debt – Conventional - Gaming Innovation Group Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Gaming Innovation Group

Gaming Innovation Group has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Betsson Group, Formue Nord and Symmetry. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Offers real estate investment advisory services.
Founded Year Domain Location
Symmetry is specialized in managing investments in small- and mid-cap companies.
Founded Year Domain Location
Online platform providing gambling and betting game development solutions
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Gaming Innovation Group

Gaming Innovation Group has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include AskGamblers, Atlas SEO and JohnSlots. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online site reviews are provided through a dedicated platform.
2021
Digital marketing services including SEO, SMM, and content are provided.
2020
Provider of advertising, content marketing, SEO, SMM, and other services
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Gaming Innovation Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gaming Innovation Group Comparisons

Employees
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Competitors of Gaming Innovation Group

Gaming Innovation Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OpenBet, FSB Technology, Bede Gaming, Elys Game Technology and Rush Street Interactive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Software solutions for betting and online gaming are provided.
domain founded_year HQ Location
Provider of tech-enabled software solutions for the gambling and sports betting industries
domain founded_year HQ Location
Tech-enabled software solutions are provided to gambling operators worldwide.
domain founded_year HQ Location
SaaS-enabled platform offering sports betting solutions
domain founded_year HQ Location
Tech-enabled solutions are provided for gambling operators.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Gaming Innovation Group

When was Gaming Innovation Group founded?

Gaming Innovation Group was founded in 2008 and raised its 1st funding round 9 years after it was founded.

Where is Gaming Innovation Group located?

Gaming Innovation Group is headquartered in St. Julian's, Malta.

Who is the current CEO of Gaming Innovation Group?

Richard Brown is the current CEO of Gaming Innovation Group.

What does Gaming Innovation Group do?

Founded in 2008 and headquartered in Saint Julian, Malta, cloud-based iGaming and marketing solutions are offered by the company to gambling operators. Games from various suppliers are supplied for sports betting and casino sectors, while a client and sportsbook management platform has been developed for the industry. Products enabling sports betting, poker, and casino games are made available to players across operations.

Who are the top competitors of Gaming Innovation Group?

Gaming Innovation Group's top competitors include Bede Gaming, Rush Street Interactive and OpenBet.

What products or services does Gaming Innovation Group offer?

Gaming Innovation Group offers iGaming Platform, SportX Sportsbook, Omnichannel, Managed Services, and Data Platform.

Is Gaming Innovation Group publicly traded?

Yes, Gaming Innovation Group is publicly traded on OMXSTO under the ticker symbol GIG_SDB.

How many acquisitions has Gaming Innovation Group made?

Gaming Innovation Group has made 10 acquisitions, including AskGamblers, Atlas SEO, and JohnSlots.

Who are Gaming Innovation Group's investors?

Gaming Innovation Group has 3 investors. Key investors include Betsson Group, Formue Nord, and Symmetry.

What is Gaming Innovation Group's ticker symbol?

The ticker symbol of Gaming Innovation Group is GIG_SDB on OMXSTO.

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