Gaming Innovation Group reports Q4 2018
Gaming Innovation Group Inc. (GiG) reports €39.9 million in revenues in Q4 2018 and an EBITDA of €5.0 million. One-off items adversely impacted EBITDA by €1.8m in Q4 2018. Excluding one-off costs, EBITDA was €6.9m in Q4 and €18.9m for the full year 2018. “In Q4, we matched our previous all-time-high in revenues and for the full year 2018, we grew revenues and EBITDA with nearly 30% over 2017. After investing around €16m into tech and product development in 2018, we have now closed the circle and are offering products and services across all major verticals in the iGaming value chain.