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Gentoo Media - Trading update for Q3-2024

Following the industry's active developments in recent weeks, Gentoo Media is providing a trading update for Q3 2024. Third-quarter 2024 revenues are expected to end at EUR 30.4 million with an EBITDA-margin between 46-48%. This marks Gentoo Media's 15th successive quarter with all-time high revenues.  The Company remains confident in its guidance for full-year 2024 results, with revenues between EUR 125-135 million and an EBITDA margin between 45-50%. In the final quarter, we anticipate strong seasonality, particularly within casinos, along with revenue growth from initiatives

Gentoo Media Inc. – distribution of Platform completed

It’s with great pleasure Gentoo Media announces that the restructuring process of dividing Gentoo Media Inc.’s (formerly Gaming Innovation Group Inc.) media and platform division into two independently listed companies, has been finalised as of 30 September 2024.  Following a final approval of the Board of Directors of Gentoo Media, all necessary legal steps have been completed, and the assets and subsidiaries of the platform business have been extracted from Gentoo Media Inc. and distributed to the shareholders. The platform business will continue as an independent B2B company under the

Gentoo Media - Mandatory notification of trade

Betplay Capital Foundation, a company related to both Mateusz Juroszek and Tomasz Juroszek, primary insiders and Board Members of Gentoo Media Inc. (Gentoo), has today acquired 50,000 shares in Gentoo at a price of SEK 26.80 per share. After the transaction, Betplay Foundation holds 6,433,026 shares in Gentoo. MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, primary insider and Board Member of Gentoo (Gentoo), has today acquired 550,000 shares in Gentoo at a price of SEK 26.83 per share. After this transaction, MJ Foundation holds 17,469,136 shares in Gentoo.

Gaming Innovation Group: Ex date

Reference is made to the announcement from Gaming Innovation Group Inc. ("GiG" or the "Company") on 12 September 2024 regarding key dates in connection with the restructuring process in which GiG will be divided in two, GiG Media and GiG Platform, whereby GiG Platform will be spun off to operate as an independent public company (the "Spinoff"). Further reference is made to the announcement on 23 September 2024 regarding the special meeting of shareholders held that day on which the Company resolved to complete the Spinoff. The shares in GiG will be traded on Oslo Børs (Ticker: GIG) ex

Gaming Innovation Group – change of name to Gentoo Media Inc. and change of ticker

Reference is made to announcement from Gaming Innovation Group Inc. (the “Company”) earlier regarding the Special Meeting of Shareholders having resolved, among other things, a change in the name of the Company from “Gaming Innovation Group Inc.” to “Gentoo Media Inc.”  The Company’s Amended and Restated Certificate of Incorporation, reflecting the change of name, has today been filed with the Company Secretary of the State of Delaware, and the name change is now effective. The Company will initiate the name and ticker change on the Oslo Stock Exchange and Nasdaq Stockholm, expecting the

Gaming Innovation Group – Minutes from Special Meeting of Shareholders

A Special Meeting of Shareholders in Gaming Innovation Group Inc. (the “Company”) was held today, 23 September 2024, in Stockholm, Sweden. Shareholders representing 57.38% of the shares entitled to vote were present in person or by proxy.  The Special Meeting of Shareholders resolved an amendment to the Company’s Amended and Restated Certificate of Incorporation authorizing (i) a change in the par value per share of the Company’s Common Stock from one dollar (USD 1.00) to one tenth of a cent (USD 0.001) and (ii) a change in the name of the Company from “Gaming Innovation Group Inc.” to “

GiG publishes investor presentation regarding the proposed distribution of GiG Platform

On 4 September 2024, Gaming Innovation Group Inc. (“GiG”) convened a special meeting of shareholders to resolve on the spin-off of GiG Platform as an independent company (the “Spin Off”). Today, an investor presentation has been published with further information on the proposed distribution and the business of GiG Platform. The investor presentation offers a synopsis of GiG Platform, provides the rationale for the Spin Off, presents the management team, tracks GiG Platform’s progress & financial performance and showcases the strategy of the business. For additional information, please

Gaming Innovation Group - Issue of new shares

Gaming Innovation Group Inc. (“GiG” or the “Company”) has today issued 119,400 new shares of its common stock in connection with exercise of options, whereof 61,600 shares at a share price of NOK 15.00 and 57,800 at a share price of NOK 22.00 per share.  The new shares are issued by the Board of Directors under the Company's 150,000,000 authorized shares, and the Company confirms that the new shares have been duly authorized by all necessary corporate actions and that the new shares have been fully paid and validly issued. The Company’s share capital has increased from USD 134,588,574 to

Gaming Innovation Group: Key dates for the Split of GiG

Reference is made to the announcement from Gaming Innovation Group Inc. ("GiG" or the "Company") on 4 September 2024 with the notice to a special meeting of shareholders to be held on 23 September 2024 with a proposal to, among other things, complete the restructuring process in which GiG will be divided in two, GiG Media and GiG Platform, whereby GiG Platform will be spun off to operate as an independent public company (the "Spinoff"). Subject to the proposal being approved by the general meeting, the Spinoff will be completed in the form of a distribution in kind in Euronext Securities

Gaming Innovation Group - Mandatory notification of trade and notification of major shareholding

MJ Investments Sp. z o.o., a company owned by Mateusz Juroszek, board member and primary insider of Gaming Innovation Group Inc. (GiG), has today transferred 5,830,425 shares in GiG at a price of SEK 30,10 per share to MJ Foundation FR, another company related to Mateusz Juroszek in connection with an internal restructuring of ownership of shares held indirectly by Mateusz Juroszek. After the transaction, MJ Foundation FR holds 16,919,136 shares in GiG, representing approximately 12.57% of the total registered share capital and voting rights in GiG. MJ Foundation FR has thereby passed the

Gaming Innovation Group - Notice of Special Meeting of Shareholders

Gaming Innovation Group Inc. (‘GiG’) invites its shareholders to a Special Meeting of Shareholders. The meeting will take place at 7A Posthuset, Vasagatan 28, Stockholm, Sweden, on Monday 23 September 2024 at 11:00 local time. Please see the attached invitation and Notice. Documents related to the Special Meeting of Shareholders including the attendance and proxy forms are available on www.gig.com/corporate-governance/shareholder-meetings. The Notice of Special Meeting of Shareholders will be sent to all shareholders registered in Euronext Securities Oslo ES-OSL (VPS) as of 4 September

Gaming Innovation Group: Change of issuer account operator

Gaming Innovation Group Inc. ("GiG") has decided to change the issuer account operator of the GiG shares in Euronext Securities Oslo (ES-OSL) from DNB Bank ASA to Equro Issuer Services AS (recently renamed from Nordic Issuer Services AS). The change will take effect today.  For more information, please contact: Tore Formo, Group CFO of GiG, tore@gig.com, +47 916 68 678 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

Gaming Innovation Group welcomes Andreas Söneby to the GiG Platform Board

Gaming Innovation Group (GiG) is pleased to announce the appointment of Andreas Söneby to the Board of Directors of GiG Platform effective immediately. Andreas Söneby brings a wealth of experience and a proven track record in the gaming and technology sectors, making him an invaluable addition to the GiG Platform Board as we continue to grow and innovate in the industry. His extensive experience includes key leadership roles at some of the most prominent companies in the field, including Unibet, Kindred Group, and Kambi. Throughout his distinguished career, Mr. Söneby has demonstrated

Gaming Innovation Group reports Q2 2024

Highlights · Media reported all-time high revenues of €30.3m, up 39% YoY (18% organic growth) · EBITDA increased by 43% to €14.8m, with an EBITDA margin of 48.7% (47.4%) · EBIT reached €7.8m, with a margin of 25.8% (32.3%) · Cash and balance sheet bolstered by a €9m equity raise and a €15m bond tap · GiG Media rebranded to Gentoo Media · FTDs for Gentoo Media were 121,900 (109.400), up 11% YoY Q2-23 · AskGamblers and KaFe Rocks thrives post acquisition showing strong growth · Strategic acquisition of Casinomeister, an online casino advocacy and review platform ·

Gaming Innovation Group reports Q2 2024

Highlights · Media reported all-time high revenues of €30.3m, up 39% YoY (18% organic growth) · EBITDA increased by 43% to €14.8m, with an EBITDA margin of 48.7% (47.4%) · EBIT reached €7.8m, with a margin of 25.8% (32.3%) · Cash and balance sheet bolstered by a €9m equity raise and a €15m bond tap · GiG Media rebranded to Gentoo Media · FTDs for Gentoo Media were 121,900 (109.400), up 11% YoY Q2-23 · AskGamblers and KaFe Rocks thrives post acquisition showing strong growth · Strategic acquisition of Casinomeister, an online casino advocacy and review platform ·

Gaming Innovation Group completes acquisition of Titan - Strengthening SEO and content services

Gaming Innovation Group Inc. (“GiG”), a leading force in digital marketing and media for the online gaming industry, has today successfully acquired Titan Inc. Limited (“Titan”), following the head-of-terms agreement signed in June, see announcement from GiG on 17 June 2024. Titan is a top-tier provider of SEO and content services, and this strategic move bolsters GiG’s operational capabilities and reinforces its market leadership within Gentoo Media (formerly GiG Media), its thriving media and affiliate business. The integration of Titan will drive cost savings and operational

Gaming Innovation Group: Invitation to Q2 2024 results presentation

Gaming Innovation Group Inc. (GiG) publishes its interim report for the second quarter 2024 before market opening on Wednesday 28 August 2024. Chairman of the Board, Mikael Riese Harstad, will host a presentation of the Q2 2024 results via livestream at 10:00 CET with Jonas Warrer, CEO Media and group CEO, and Richard Carter, CEO Platform & Sportsbook, attending. The presentation will be followed by a Q&A-session, and investors, analysts and journalists are welcome to participate. The presentation will be given in English. Link to the livestream:https://www.redeye.se/events/1026774/

GiG further extends UK growth with Betzone partnership for iGaming platform with enhanced compliance solution

Gaming Innovation Group Inc. (GiG) has extended its footprint in the UK with the announcement of a long term agreement to power the Betzone brand with its revolutionary iGaming platform, CoreX, and powerful workflow automation tools LogicX and DataX, as GiG continues the execution of its strategic growth plans for the region. The second UK deal to be announced for GiG in as many weeks, the agreement stands as further evidence of GiG’s ability to attract ambitious new partners looking for sustainable growth in complex regulated markets, leveraging the competitive advantage its suite of

Gaming Innovation Group to drive Betsson’s Inkabet brand in regulated Peru

Gaming Innovation Group Inc. (GiG) has announced an agreement for the provision of its award winning Platform to power long-term tier 1 partner Betsson’s Peruvian brand Inkabet, as the relationship continues to expand across new regulated markets. Inkabet has now been granted their Peruvian licence, and will start operations later this month.  This agreement further reinforces GiG’s strong relationship with Betsson, with the Inkabet brand migrating onto GiG’s powerful new technology and expanding an alliance that covers live brands in eight markets across Europe and Latin America, with

GiG senior executive team strengthened with Christian Uhrenholt named CFO for Gentoo Media

Gaming Innovation Group (GiG) has announced the appointment of Christian Uhrenholt as Gentoo Media's Chief Financial Officer (CFO). This move comes as GiG continues to improve the foundation of its successful affiliate business and prepares for further growth in Gentoo Media (formerly GiG Media). Christian brings unique qualifications to his role as CFO at Gentoo Media. His career has been marked by a focus on solid value creation within the corporate finance function, and his audit background provides a crucial technical understanding of finance. He has a proven track record in

GiG signs landmark UK sportsbook and iGaming platform deal with iconic British brand, The Football Pools

Gaming Innovation Group Inc. (GiG) has announced a long-term deal to power The Football Pools (The Pools), one of the most established and long standing names in UK Pools betting, for the provision of its revolutionary sportsbook, SportX and iGaming platform CoreX as they migrate to GiG’s pioneering technology to relaunch The Pools online and drive digital performance for the brand. The signed agreement carries extra significance for GiG, marking the entry of its X-Suite solutions into the UK market for the first time, with GiG having already established a strong foothold in driving

Gaming Innovation Group - Notification of changes in major shareholdings

MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, primary insider and Board Member of Gaming Innovation Group Inc. (GiG), has today agreed to purchase 6,069,375 shares in GiG at a price of SEK 27.00 per share on 24.06.2024, ref. also separate announcement regarding mandatory notification of trade today. After the transaction, MJ Foundation holds 11,088,810 shares, representing approximately 8,24% of the total registered share capital and voting rights in GiG.  After the above transaction, Juroszek Family through MJ Foundation, ZJ Foundation, Betplay Capital Sp. z o.

Gaming Innovation Group - Mandatory notification of trade

MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, primary insider and Board Member of Gaming Innovation Group Inc. (GiG), has agreed to purchase 6,069,375 shares in GiG at a price of SEK 27.00 per share on 24.06.2024. After this transaction close associates of Mateusz Juroszek own 27,652,927 shares in GiG. Betplay Capital Foundation, a company related to Tomasz Juroszek, primary insider and Board Member of GiG Platform & Sportsbook, has agreed to purchase 1,348,750 shares in GiG at a price of SEK 27.00 per share on 24.06.2024. After this transaction, close

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