Gaming Innovation Group expands its reach in online gaming with the acquisition of Casinomeister
Comunicato Precedente
Comunicato Successivo
Jonas Warrer, CEO of GiG, says: "Casinomeister's renowned dedication to fair play and community support perfectly aligns with our recent acquisition of Askgamblers.com. Together, these platforms will enhance our market reach and optimise the complaint resolution services we provide to the community, reinforcing our position at the forefront of player advocacy."
Bryan Baily, founder of Casinomeister, says: "I have dedicated twenty-six years to building this business, and now it's time to pass the reins to a new, dynamic team who can lead it into the future. This business has been my passion, starting as a hobby website in 1998 and growing into what it is today. I am entrusting this to the most capable team in the industry to continue its mission of advocating for fair play. I have a long history with GiG Media, and I am confident that they will maintain the values and principles that Casinomeister stands for, ensuring a smooth transition and a bright future for the online gaming community."
The transaction is structured as an asset purchase for €3 million. GiG expects to close the transaction in June. The acquisition will have an immediate positive financial impact, expected to increase going forward when fully implemented into GiG Media's operations.
For more information, please contact:
Jonas Warrer, CEO of GiG,
[email protected] , +45 30788450
About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company that provides solutions, products, and services to iGaming Operators. Founded in 2012, Gaming Innovation Group's vision is 'To be the industry-leading platform, sportsbook and media provider delivering world-class solutions to our iGaming partners and their customers. GiG's mission is to drive sustainable growth and profitability of our partners through product innovation, scalable technology and quality of service. 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 GIGSEK.
www.gig.com
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