Gaming Innovation Group has reported all-time high revenues in Q1 of €36.2m, up 28 per cent year-on-year.
The overall revenue climb from €28.4m in Q1 2023 was matched by GiG Media revenues of €28m – also an all-time high and up by 52 per cent.
First-time deposits for GiG Media were up by 13 per cent year-on-year to 125,100.
GiG said AskGamblers “continued positive momentum,” with record traffic, players generated, revenue and EBITDA.
The business is “operationally ready” for the strategic split of Media and Platform & Sportsbook, GiG said, with the split expected by Q3 2024, pending approvals.
The results come as GiG announced its platform has facilitated the launch of operator Suprnation in Estonia.
The latest partnership means GiG has launched 10 brands in the last six months.
GiG’s chief business officer Andrew Cochrane said: “The widening regulated opportunities we deliver ensures we excel at driving revenue growth for our partners in new markets, and we look forward to continuing to leverage our expertise, powering online successes throughout burgeoning new regions like Estonia.”
