Gaming Innovation Group (GIG)

TekBot · mai 6, 2019, 6:00am

06/05-2019 08:00:00: (GIG) Gaming Innovation Group reports Q1 2019

Gaming Innovation Group Inc. (GiG) reports revenues of EUR32.4 million and an
EBITDA of EUR4.1 million.

…

Vis børsmeldingen

"The Company delivered an EBITDA of EUR4.1m in Q1 and the key highlight was all
time high revenues and EBITDA in our media business. It is a performance I am
reasonably satisfied with in light of the loss of a major B2B customer which we
announced in Q4-18, and the new regulation in Sweden which is impacting both our
B2C and B2B revenues. We had anticipated this and managed the impact by careful
cost control.

The business is robust with cash flow from operating activities of EUR2.6m.GiG has
become better and more competitive as the Company matures. Our leadership has
never been stronger, our processes are more robust, and our strategic
understanding and intent has evolved. I am looking forward with confidence to
the growth opportunities for the rest of the year.", says Robin Reed, CEO of
GiG.

Financial highlights
Revenues for Q1 2019 were EUR32.4m (37.3), impacted by the Swedish market.
EBITDA was EUR4.1m (4.3) in Q1 2019, corresponding to an EBITDA margin of 12.7%
(11.6).
For the second consecutive quarter, the Media Services vertical reached
all-time-high revenues of EUR9.0m (8.2) in Q1 2019, EBITDA was EUR5.2m (4.4).
Revenues for the B2B segment in Q1 2019 were EUR14.2m (15.3). EBITDA was EUR3.0m
(4.1).
Revenues for the B2C segment in Q1 2019 were EUR20.2m (25.4), with a positive
EBITDA of EUR1.1m (0.1).
Other operating expenses quarter-on-quarter (adjusted for one-offs) decreased
by 4% in Q1 2019 as a result of increased efficiencies and cost-savings across
the organisation.
Cash flow from operations in Q1 2019 was EUR2.6m (2.0).

Operational highlights
The omni-channel sportsbook solution agreement with Hard Rock Intl. went live
in January 2019.
Ten new customer agreements for GiG’s marketing compliance screening tool,
Comply, in Q1 2019.
Two in-house developed games were launched during Q1 2019.
One new brand was signed to platform services in Q1 2019, one customer was
launched in April with an additional five brands in the pipeline for launch. The
total number of brands on the platform is 39.
The GiG share was listed on Nasdaq Stockholm (main list) on 26 March, a
dual-listing with Oslo Børs.
Outlook: Measures taken in B2C in the last 12 months have been effective and
are improving performance. Expansion in high potential new markets for both B2C
and B2B is expected to contribute to profitable growth in 2019 and beyond. Heavy
investments in technology is starting to pay off and modular and turnkey
solutions can be offered across the main iGaming verticals.

Investor presentation and webcast:
CEO Robin Reed will present the Q1 results at 10:00 CET at Helio GT 30, Grev
Turegatan 30, Stockholm. The presentation will be given in English and available
live via webcast and via a telephone link. Questions can be asked via this
weblink:
https://tv.streamfabriken.com/gig-q1-2019

Dial-in numbers for participation in the telephone conference:
Norway: +4723500236
Sweden: +46856642705
United Kingdom: +443333009265
United States: +18335268380

For further information, contact:
Robin Reed, CEO, +356 9999 0382
([email protected])

This information is information that Gaming Innovation Group Inc. (GiG) is
obliged to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication at 08:00 CET on 6 May 2019.

About Gaming Innovation Group (GiG)
Gaming Innovation Group Inc. is a technology company providing products and
services throughout the entire value chain in the iGaming industry. Founded in
2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair
and fun for all’. Through its ecosystem of products and services, it is
connecting operators, suppliers and users, to create the best iGaming
experiences in the world. GiG operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK.

www.gig.com

http://www.netfonds.no/quotes/release.php?id=20190506.OBI.20190506S12

Kraakko · mai 6, 2019, 7:14am

Bruker ganske store ord, på relativt små forandringer i lbaryallsrapporten syns jeg, nesten som det lukter litt desperasjon men kanskje ikke så rart når den har falt så utrolig mye som den har.

MEN hadde trodd at de skulle tape mye mer dette kvartalet pga den ene major kunden som avsluttet forrige kvartal. Slik sett positivt, det var vel kanskje også tydelig at noen visste noe når denne plutselig gikk 10%

cagey2 · mai 6, 2019, 7:48am

Hva er det som skjer nå da?

Edit: Fra -5% til +10% og videre. Skeptisk…

holmes · mai 6, 2019, 8:06am

Klarer ikke helt se det positive i denne rapporten nei, eneste må være at alt det negative muligens er priset inn? Uansett GiG har gått fra å være et vekstselskap til å ha fallende inntekter og økende underskudd. Blir spennende å se om de kan snu skuta igjen.

ge-ge · mai 7, 2019, 7:51am

Synes dette egentlig høres og ser bra ut for kommende Q og år.

Edit: Men det synes tydeligvis ikke markedet!

Anderix · mai 10, 2019, 1:14pm

10 May 2019

Operator Wunderino has signed an agreement with Gaming Innovation Group Inc. for its compliance screening tool GiG Comply. The tool empowers operators to monitor marketing activity and improve their compliance and responsible gambling measures.

GiG Comply is a self-service tool which scan thousands of websites in different jurisdictions, to check whether the brand Wunderino is mentioned or linked to, while also making sure the brand is not advertised on highly contagious websites. It follows each link to its final destination on the website and creates a report for the operator.

GiG Comply assists Wunderino in strengthening control over third-party advertising and helps to protect from being promoted on websites which are not brand-safe or compliant.

Head of affiliates at Wunderino, Sam Kyller says: “ At Wunderino and Wild Affiliates we are very much looking forward to working with GiG and their amazing product to ensure compliance and long term sustainability for our operations.”

Richard Brown, chief operations officer at GiG, says: “ We’re delighted to partner up with Wunderino and Wild Affiliates to support them with their marketing compliance. With GiG Comply, we have developed a product and service to support our customers to be compliant. The growing demand for GiG Comply is a clear sign that we have created a tool which can solve a key sustainability issue affecting the iGaming industry.”

About Wunderino:

We are a team of explorers with a shared passion for casino. Between the founders we have more than half a century of industry experience behind us, and probably more as players. Our team came together in 2016 to create a casino that can satisfy everyone’s thirst for great adventures and treasures while capturing the essence of gameplay. Welcome to Wunderino!

ge-ge · mai 14, 2019, 12:06pm

Status Januar 2018 kurs over kr.5.-

Etter det har det vært “reversed split”, lovnad om vi skulle bli “Woved”, flytting til Stockholm osv.

Status Mai 2019, 11,30, eller altså tilsvarende 1,13 for å gjøre sammenligningen krystallklar.
Mao. snart nede på 1/5 av kursen fra et drøyt år tilbake.

Kanskje Mr. Reed &co nå snart kan begynne å konsentrere seg om å tjene penger!

Jeg har hatt trua på RR, og følt at han har kontroll og en plan. Men nå begynner jeg virkelig å lure på om det bør gjøres endringer i ledelsen.

cagey2 · mai 14, 2019, 12:08pm

Haha, noe så dette komme på lang avstand…

TekBot · mai 15, 2019, 7:05am

15/05-2019 09:05:00: (GIG) Gaming Innovation Group Inc. subsidiaries have reached regulatory settlement agreements with the UKGC

Betit Operations Limited and MT SecureTrade Limited, both subsidiaries of Gaming
Innovation Group Inc. (GiG), have each concluded a regulatory settlement with
the UK Gambling Commission (UKGC) for shortcomings in their operations regarding
…

Vis børsmeldingen

anti-money laundering and social responsibility controls during the period 2014

Failures relating to requirements around key event notifications were
also identified. Betit has agreed to pay £1,400,000 and MT SecureTrade £700,000
(a total of circa EUR2,450,000) to responsible gambling charities pursuant to
negotiated regulatory settlements. The assessments were carried out in 2017 and

Robin Reed, CEO of GiG comments: "Each company acknowledged previous weaknesses
in its controls to meet social responsibility requirements early in the Gambling
Commission process and immediately took steps to address the gaps in its
procedures. It has been such transparency and cooperation, which we are pleased
that the Gambling Commission has publicly acknowledged, and agility to implement
improvements that allowed us to avert a sanction. Commencing from the end of
2017, GiG has embarked on an ambitious journey to place player well-being,
prevention of money laundering and sustainable business practices at the core of
its operators.

In the last two years, we have invested heavily in automated technology such as
Artificial Intelligence and Machine Learning enabling early prevention,
monitoring and other reporting tools. We have also invested in people, building
our compliance and player safety teams and ensuring that the necessary tools are
available to them to assist in their duties of reducing the risk of business
being used to further financial crime and detecting and interacting with players
who may be vulnerable or at risk of problem gambling.

We are committed to being part of the solution, forming a safe environment for
all our stakeholders and to reduce gambling related harm through our products
and services. Our Vision is to open up iGaming to make it fair and fun for all,
where our work is based on trust, respect, integrity and a safe gambling
environment for the end user."

GiG made accounting provisions for these payments as set out in the 2018 Annual
Report.

For further information, please contact:
Robin Reed
CEO of GIG, [email protected] +356 999 903 82

Anna-Lena Åström
Head of IR & Corporate Communications
[email protected] +356 796 998 48

This information is information that Gaming Innovation Group Inc. (GiG) is
obliged to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, at 09:05 CEST on 15 May 2019.

About Gaming Innovation Group (GiG)
Gaming Innovation Group Inc. is a technology company providing products and
services throughout the entire value chain in the iGaming industry. Founded in
2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair
and fun for all’. Through its ecosystem of products and services, it is
connecting operators, suppliers and users, to create the best iGaming
experiences in the world. GiG operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK. www.gig.com

http://www.netfonds.no/quotes/release.php?id=20190515.OBI.20190515S65

Slobo · mai 16, 2019, 1:39pm

GIG har inngått forlik med Hallvard Flatland:

TekBot · mai 21, 2019, 9:01am

21/05-2019 11:00:00: (GIG) Gaming Innovation Group partners with SKYCITY Entertainment Group Limited

Gaming Innovation Group Inc. (GiG), has signed a long-term agreement with
SKYCITY Malta Limited, a subsidiary of New Zealand based SKYCITY Entertainment
Group Limited (SKYCITY), for the provision of its turnkey online casino solution
…

Vis børsmeldingen

including a gambling licence. The turnkey solution includes the technical
platform, fully managed services, gaming content, front end development, CRM,
compliance and marketing. GiG will operate the online casino site from Malta on
behalf of SKYCITY, offering online gambling to consumers in New Zealand.

GiG will support the expansion of SKYCITY’s growth in its new vertical of online
casino, powered by GiG’s cutting-edge technology, flexible architecture and
industry know-how.

SKYCITY is a listed company in both New Zealand and Australia and is New
Zealand’s largest and most renowned tourism, leisure and entertainment company
with casino gaming facilities in both countries. There are currently six
land-based casinos operating in New Zealand, of which SKYCITY owns four.

The vision for SKYCITY, is to be the leader in gaming, entertainment and
hospitality in its communities. One of the cornerstones in its corporate
responsibility mission is the importance of responsible gaming.

All gambling which takes place in New Zealand is regulated by the country’s
Department of Internal Affairs. The general expectation is that the country will
regulate online casino gambling in the foreseeable future.

The launch of the online casino offering is planned for Q3 2019, GiG does
therefore not expect a material impact on its revenues this year. However, this
partnership is expected to make a significant positive contribution to GiG’s
revenues from 2020 onwards.

Graeme Stephens, Chief Executive Officer of SKYCITY says: “SKYCITY is delighted
to be partnering with GiG to establish an online casino offering, based in
Europe. Growing and diversifying our earnings is a key component of our group
strategic plan and developing an online presence to complement our existing
land-based casinos in New Zealand will enable us to offer an enhanced gaming
proposition for customers. GiG are an exciting and innovative technology company
with best-in-class teams, systems, platforms and products and importantly share
our focus on responsible gaming and host responsibility. We look forward to
working with Robin and the team as we enter an exciting phase of growth at
SKYCITY.”

Robin Reed, Chief Executive Officer at GiG says: "I am delighted that GiG is
partnering with SKYCITY, we share the same high standards and ambitions for a
safe, responsible and entertaining gaming experience for the end users. With
this landmark deal, we are also entering a completely new continent where we can
build on our ambition as the global partner for strong brands in iGaming.

We look forward to supporting SKYCITY in its expansion into the online space,
where our full suite of products and solutions all form part of a very
competitive offering to its online customers. New Zealand is preparing for
regulation of online casino gambling and we are there to support our partner
further when it happens."

…END…

Note: In GiG’s Q4 2018 report, page 10, following statement was made which
referred to the agreement with SKYCITY: “GiG is in the process of signing a new
major land-based customer which will use GiG for its online expansion.”

For further information, please contact:
Robin Reed, CEO of GIG, [email protected] +356 999 903 82

Anna-Lena Åström, GIG Head of IR & Corporate Communications, [email protected]
+356 796 998 48

This information is information that Gaming Innovation Group Inc. (GiG) is
obliged to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, at 11:00 CET on 21 May 2019.

About Gaming Innovation Group (GiG):
Gaming Innovation Group Inc. is a technology company providing solutions,
products and services throughout the entire value chain in the iGaming industry.
Founded in 2012, Gaming Innovation Group’s vision is ‘To open up iGaming and
make it fair and fun for all’. Through its ecosystem of products and services,
GiG is connecting operators, suppliers and users, to create the best iGaming
experiences in the world. Gaming Innovation Group operates out of Malta and is
dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq
Stockholm under the ticker symbol GIGSEK. www.gig.com

http://www.netfonds.no/quotes/release.php?id=20190521.OBI.20190521S52

Kraakko · mai 21, 2019, 9:34am

Endelig kom det en ny stor kundeavtale. Håper dette er bra nok til å løfte litt mot Q3.

TekBot · mai 22, 2019, 12:46pm

22/05-2019 14:46:00: (GIG) Gaming Innovation Group - Minutes from Annual Meeting of Shareholders

The Annual Meeting of Shareholders in Gaming Innovation Group Inc. was held
today, Wednesday 22 May 2019, in Stockholm, Sweden.

…

Vis børsmeldingen

Shareholders representing 60.83 per cent of the shares entitled to vote were
present in person or by proxy. All proposals stated in the notice to the meeting
were approved by the shareholder meeting, see attached minutes.

The Annual Meeting resolved that the Board of Directors should consist of six
members and resolved to re-elect Petter Nylander as Chairman of the Board and to
re-elect Robert Burén, Frode Fagerli, Paul Fichbein, Helge Nielsen and Henrik
Persson Ekdahl as Directors of the Board.

The Annual Meeting furthermore resolved that the Nomination Committee shall
consist of not less than three and not more than four members, of which one
shall be the Chairman of the Board of Directors, to represent all shareholders
and be appointed by the three largest shareholders at 31 August 2019. It was
also resolved to reappoint Israeloff Trattner & Co. PC as auditors of the
company.

The Annual Meeting resolved to establish a three-year share option plan to
provide continuing share incentives for managers and key staff of the company.
The options will have a three-year vesting period from grant and will vest with
20% after one year, 30% after two years and 50% after three years. Up to 5% of
issued share capital will be available for the share option plan.

The Annual Meeting also resolved to authorise the Board of Directors to buy back
already issued and outstanding shares in the company and to dispose of such
shares, all on such terms as the Board of Directors may deem fit. The company’s
total holding of its own shares may not exceed 10% of the outstanding share
capital of the company at any time. Acquisition of own shares may take place on
NASDAQ Stockholm and Oslo Børs, during the period until the end of next Annual
Meeting of Shareholders.

It was resolved on a total remuneration maximum of EUR 285,000 per annum to be
paid to Directors elected at the Annual Meeting, that the remuneration of the
Chairman of the Board of Directors shall be EUR 85,000 per annum and that the
remuneration to the other members of the Board of Directors shall be EUR 40,000
per annum each.

For further information, please contact:
Tore Formo
Group CFO
[email protected]

This information is information that Gaming Innovation Group Inc. is obliged to
make public pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact persons set out
above, at 14:46 CET on 22 May 2019.

About Gaming Innovation Group (GiG)
Gaming Innovation Group Inc. is a technology company providing solutions,
products and services throughout the entire value chain in the iGaming industry.
Founded in 2012, Gaming Innovation Group’s vision is ‘To open up iGaming and
make it fair and fun for all’. Through its ecosystem of products and services,
GiG is connecting operators, suppliers and users, to create the best iGaming
experiences in the world. Gaming Innovation Group operates out of Malta and is
dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq
Stockholm under the ticker symbol GIGSEK. www.gig.com

http://www.netfonds.no/quotes/release.php?id=20190522.OBI.20190522S84

rokky · mai 27, 2019, 5:16pm

En kursutvikling til å rive seg i håret av, men les hva Myrseth mener om sektoren og digitaliseringen av gamblingbransjen:

(Under overskriften «Et nordisk industreventyr» et stykke ned i artikkelen)

https://www.hegnar.no/Nyheter/Boers-finans/2019/05/Bank-Norwegian-blant-tidenes-norske-investeringer

Anderix · juni 4, 2019, 2:10pm

Gaming Innovation Group (GiG) has gone live with its sportsbook service for existing customer, Metal Casino.

Metal Casino has been operating on GiG’s Core platform since August 2017 and decided to strengthen its relationship with GiG by signing an agreement to integrate its new sportsbook last year. The service is now live in MGA and UK jurisdictions.

GiG launched its new sportsbook in June 2018 for its in-house operator brand, Rizk.com. Since then, it has been sold externally to brands and as an omni-channel sportsbook solution. GiG’s sportsbook service is a fully hosted and managed sportsbook solution which delivers a seamless betting experience. It provides all the building blocks to empower an operator to offer a betting experience unique to its players and brand.

Endre Nesset, Director of Sports at GiG says: “We are happy to support Metal Casino entering the world of sports betting. The launch process has been smooth and it is a pleasure working with the Metal team. The fully managed solution is personalised to their liking and we are excited to see how the product is being received from metal fans across Europe.”

About Metal Casino

Metal Casino has been created by a tight team of casino colleagues and metal lovers. Launched in 2017 and between themselves, they have spent over 30 years in the most successful music, gaming and tech companies in the world, including Universal Music, EMI, Spotify, Microsoft, Mr. Green and Apple iTunes.

ge-ge · juni 5, 2019, 10:35am

Og hvilke forventninger skal vi ha til Q2?
Bør vel kunne forvente at alle de signerte avtalene begynner å synes på bunnlinja snart?
Lurer også på hva de tenker om noteringen på Stockholm. Har vel ikke tatt helt av, for å si det mildt!

TekBot · juni 6, 2019, 1:00pm

06/06-2019 15:00:00: (GIG) Gaming Innovation Group launches its new sportsbook on Guts

Gaming Innovation Group Inc. (GiG) has launched its new sportsbook on in-house
brand Guts. The operator is being repositioned as a ‘sportsbook first’ operator.
Both new and existing users will experience a radically improved UI/UX, fast
…

Vis børsmeldingen

navigation and importantly, a mobile focused platform.

The repositioning of GiG’s original operator Guts is part of the B2C strategy
communicated in the Q1 2019 report, where the focus going forward will be on
further developing the two best performing brands; Guts by enhancing the sports
betting experiences and Rizk by developing the focus on casino. This will be
supported by growth in existing and new markets where the Company sees
opportunities.

GiG is continuing to develop its sportsbook with new features. Key priorities
are innovative trading tools, data driven odds together with a full retail and
online solution. Break-even in this vertical is expected in the first half of
2020. This will be achieved by strengthening the sportsbook by growing the
in-house brand Guts, by the developments in the new sportsbook and a focused
marketing approach.

GiG launched its new sportsbook in June 2018 on its in-house brand Rizk.com and
it has since been sold externally to brands such as MRG’s subsidiary 11.lv,
Metal Casino and as an omni-channel sportsbook solution to Hard Rock
International.

…END…

For further information, please contact:
Anna-Lena Åström
Head of IR & Corporate Communications
[email protected] +356 796 998 48

About Gaming Innovation Group (GiG)
Gaming Innovation Group Inc. is a technology company providing products and
services throughout the entire value chain in the iGaming industry. Founded in
2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair
and fun for all’. Through its ecosystem of products and services, it is
connecting operators, suppliers and users, to create the best iGaming
experiences in the world. GiG operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK. www.gig.com

http://www.netfonds.no/quotes/release.php?id=20190606.OBI.20190606S140

cagey2 · juni 12, 2019, 11:29am

Hva i alle dager skjedde her nå??

hro07 · juni 12, 2019, 11:41am

Nogen har erkendt at bunden er nået

Anderix · juni 12, 2019, 2:51pm

12 June 2019

GiG’s flagship inhouse brand Rizk has launched its own branded live casino environment powered by Evolution Gaming. Players are now able to play live blackjack and roulette at custom branded tables, enriching the live casino experience at Rizk.

“The Rizk Live Casino offering has always been strong, with over 40 live games catering to every budget. Now with branded tables and dedicated environment we can provide a customised service to Rizk players, significantly strengthening the customer experience” comments Tim Parker, chief marketing officer at GiG.

GiG plans further enhancements to Rizk’s Live Casino feature through June.