GiG appoints Ryan Collinge as Business Development SVP
Ryan Collinge has recently been named the SVP of Business Development at GiG.The new appointee has more than two decades of experience in the gambling sector, with his...
GiG published 2021’s sustainability reports
Gaming Innovation Group (GiG) published its 2021 report, which shows increased income.
The profit was 67 million euros, 28% more from last year. Earnings before interest, taxes, depreciation, and amortization amounted to 20.7 million euros, 93% more.
With media and PaaS, GiG keeps its sustainable growth each year.
The previous segment recorded the highest income of all time, which was 45 million euros, accounting for more than two-thirds of the total for the year, while the latter contributed 21.4 million euros.
“By demonstrating growth across all key indicators, our financial performance for 2021 was good. And above all, we have created a truly exciting and extensive structure to hasten our international ambitions through the purchase of SportnCo. Even though we are happy with this year’s results, it is only the start of building the full potential of the group’s business.”
said GiG’s chief executive officer, Richard Brown.
In addition to GiG’s great financial results, in his Sustainability Report, Brown noted that last year enabled the group to “refocus” its sustainability efforts to address the “wide range of initiatives” required to make its environmental, social, and governance ratings better.
The iGaming company has 4 pillars:
- Innovation
- Trust
- Diversity and inclusion
- Education and ESG
R. Brown said that the 4 pillars of sustainable development have 2 clearly defined goals for businesses and people, which lets them use a truly holistic approach.
In 2021, with 4 pillars, GiG took part in safer gambling training and research, and introduced a new Social Media Check feature. They focused on skills development and diversity initiatives, environmental efforts as well.
GiG acquires KaFe Rocks for €35m
Gaming Innovation Group has recently announced that it has acquired affiliate firm KaFe Rocks.Through this latest acquisition, GiG’s media division will be further...
