Gaming Innovation Group’s Q2 revenue rose 37 per cent to €22.1m, with revenues relating to its platform and sportsbook up 43 per cent.
Adjusted EBITDA was €8.3m, up 47 per cent.
GiG Media also reported its sixth successive all-time high quarterly revenue and player intake with FTDs at 79,400, up 70 per cent.
“The strong momentum that we carry forward in Q2 and the exciting milestone of completing the acquisition of Sportnco on April 1, position our business for continued growth and escalating profitability levels,” said Richard Brown, CEO of GiG.
Among other operational highlights was GiG and Sportnco signing with Full Games in Angola, positioning the company in the African markets. In Q3, GiG has so far signed with Betsson Group in Colombia, has been granted a supplier licence in Ontario, and has extended its agreement with Grupo Boldt in Latin America.