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Gaming Innovation Group Capital Markets Day – Summary of presentation
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Gaming Innovation Group (GiG) hosted its first Capital Markets Day in Stockholm on 4 December as the Company prepares to move the listing from the Oslo Børs to Nasdaq Stockholm in Q1 2019.
You can watch the full recording here.
GiG was founded six years ago and since then CEO and co-founder Robin Reed has developed a strategy to become a full service provider for every company serious about iGaming. The company’s vision is to “open up iGaming making it fair and fun for all”, teamed with the mission “to have a stake in every fair online bet”. Digital transformation and regulation across the world are the main drivers behind the potential in GiG’s strategy and goals.
In 2018, GiG has reached a platform where it now offers a competitive solution covering all verticals in iGaming. The company has grown rapidly and now employs approximately 750 people in Malta, Spain, Gibraltar, Denmark, Norway and the US.
GiG is always seeking operational excellence and has now reached a level where it has several sources of revenues, scale advantage, sound profitability, and has a solid cash position. There is a significant market potential for the Company to leverage on its unique solution to support the growth of a company with ambitions to perform in all verticals in iGaming.
GiG offers iGaming solutions based on innovative technology and looks at its target market across four industry clusters:
- Big brands new entrant: This is GiG’s primary growth driver and sales focus going forward, where GiG is able to offer new market entrants a complete B2B iGaming solution. With more markets regulating, big media and entertainment brands are expected to move into iGaming to leverage their brands and expand their customer reach.
- Locals: Typically state monopolies or strong incumbent operators. When markets regulate, it allows monopolies to move into new verticals and land-based operators to move online.
- Challengers: Small to mid-sized online operators which have a mix of regulated and unregulated revenues. As more markets regulate, profits are being squeezed and these operators will be looking to cut costs, either through consolidation or cheaper operations via outsourcing.
- Emerging superstars: The big global online brands.
GiG can support the growth of a ‘green fielder’ in providing a turnkey solution throughout the whole iGaming value chain. We can do this with an omnichannel platform (retail in offline environments and online offerings combined), or with sports and casino content plus a range of managed services. The unique advantages are based on a full service solution, access to scale advantage, and the vast expertise, knowledge and experience found within GiG. These products, services and solutions are also sold individually.
GiG’s recent deal with Hard Rock in New Jersey was signed in October 2017. Hard Rock online casino was the first outcome from the partnership and launched its casino offering in New Jersey in July this year. According to Hard Rock, it is the “fastest growing online casino in New Jersey history, reaching more than $1m in Gross Gaming Revenue, ‘without any’ marketing spend.”
In November 2018 the partnership was expanded to include GiG’s sportsbook solution, which we expect to launch in Q1 2019 for both over-the-counter betting and self-service betting terminals. For exceptional user experience we offer a one wallet solution, which means customers have seamless use between online and offline play, and we have a revenue share in both.
Casino games, developed in-house, is a recent addition to GiG’s B2B product portfolio, and the last piece of the puzzle to cover the whole iGaming value chain. GiG builds games on its own remote game server, which is also provided on a commercial basis to external games studios to build their games. GiG is currently certifying its games in a number of European markets, New Jersey and Colombia.
The inhouse B2C brand Rizk.com has shown a great growth story and is the strongest performing brand. While the B2C business is not GiG’s key strategic focus, it brings scale to the platform and is used as a testbed for innovative iGaming solutions. The other six in-house brands are focusing on market solutions such as Pay N Play and a more digitally focused marketing strategy.
The business vertical GiG Media focuses on digital marketing and drives traffic and attention to iGaming operators. In 2017, GiG acquired the Copenhagen based company Rebel Penguin, which strengthened its position in paid media channels. Re-regulation is foreseen to create new opportunities in global markets for data acquisition channels such as paid media services.
It’s taken six years to get GiG into this unique market position. All verticals have been created, all solutions have been sold, and the Company’s position in the industry is strengthening daily.
About Gaming Innovation Group (GiG):
Gaming Innovation Group Inc. is a technology company providing products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair and fun for all’. Through its ecosystem of products and services, it is connecting operators, suppliers and users, to create the best iGaming experiences in the world. Gaming Innovation Group operates out of Malta and is listed on the Oslo Stock Exchange under the ticker symbol GIG.
Source: Latest News on European Gaming Media Network
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Playtime with Sumo Baby: PopOK Gaming’s Adorable New Slot Unveiled!
PopOK Gaming is thrilled to announce the launch of Sumo Baby, a charming new 3×3 slot game that brings a playful twist to the world of traditional sumo. This delightful slot combines the cuteness of a baby sumo wrestler with exciting features to deliver a rewarding experience for players who enjoy Asian-inspired themes and high winning potential.
Sumo Baby is set on a straightforward 3×3 layout with 5 paylines, making it accessible for both casual players and slot enthusiasts. What makes this game truly unique is the Multiplier Reel beneath the main reels, offering random win multipliers of x2, x5, or x10 on any spin to amplify winnings.
When the Free Spins Feature is activated, players are rewarded with 8 Free Spins, and the excitement doesn’t stop there! During Free Spins, Sumo Baby boosts every spin with additional multipliers, creating a dynamic experience where every spin has the potential for bigger rewards.
To make the game even more appealing, Sumo Baby introduces the Sure Win Bet option, allowing players to secure a guaranteed payout on each spin (excluding Free Spins). With a maximum win potential of 2,500x the bet, this game promises both charm and substantial rewards.
Key Features of Sumo Baby:
- 3×3 Layout with 5 Paylines: Simple and visually captivating.
- Multiplier Reel: Random win multipliers (x2, x5, x10) on any spin.
- Free Spins Feature: 8 Free Spins with additional multipliers for greater win potential.
- Sure Win Bet: Guarantee a win on every spin for those seeking added security.
- Max Win: Up to 2,500x the original bet.
Dive into the ring with Sumo Baby and experience a world of charm, excitement, and rewarding gameplay. Available now on PopOK Gaming platforms!
The post Playtime with Sumo Baby: PopOK Gaming’s Adorable New Slot Unveiled! appeared first on European Gaming Industry News.
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Evoplay launches one of the first-ever tap titles with Tap Craze
Evoplay, the award-winning game development studio, debuts in the tap game vertical with Tap Craze, marking a significant expansion of its portfolio with innovative interactive content for operators.
Designed to offer an engaging and dynamic gameplay experience, Tap Craze introduces players to Capybara Joe, the title’s central character, alongside a suite of features aimed at maximising retention and engagement.
Operators can leverage the unique Happiness Scale mechanic, encouraging players to maintain Joe’s glee to unlock the Wheel of Fortune, offering multipliers of up to 500x.
Tap Craze includes three fixed jackpots, Minor, Major, and Grand, offering significant rewards. It also offers customisable components, including a Costume Gallery for personalisation and a competitive Top 15 Leaderboard to foster engagement.
With a live Information Ticker showcasing the latest wins, Tap Craze is designed to create a sense of community and excitement among audiences.
The introduction of the title with new engaging mechanics highlights Evoplay’s commitment to innovation and reinforces its position as a leading supplier in the iGaming industry.
Ivan Kravchuk, CEO at Evoplay, said: “Tap Craze represents a significant step forward for Evoplay as we continue to diversify our portfolio with cutting-edge interactive content.
“By introducing innovative mechanics and highly interactive features, this game provides operators with a product that both entertains and drives strong retention and performance. We’re excited to offer a unique addition to our portfolio that aligns with our partners’ needs and demands in competitive markets.”
The post Evoplay launches one of the first-ever tap titles with Tap Craze appeared first on European Gaming Industry News.
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Stakelogic Seals the Deal with Light & Wonder Integration
Industry-leading slot and live casino content provider signs a new deal with Light & Wonder, ensuring expanded distribution across key European and US markets
Stakelogic, the in-demand iGaming content provider, has put pen to paper on a deal with industry leading aggregator Light & Wonder that will see its slot and live casino content integrated into Light & Wonder’s content marketplace.
This direct integration will see Stakelogic’s game-changing content offered to leading operators in key regulated markets in Europe and the US. The integration includes hot releases like DRAGON’S DAWN, MANIMALS, AND TIKI TIKI HOLD ‘N’ WIN all making their way to the content marketplace.
In addition, Stakelogic’s range of classic online slots will also be included in the deal. This portfolio combines the nostalgia of old-school fruit machines with the innovation of modern-day slots, providing one of the best classic slot experiences on the market.
Furthermore, Stakelogic’s cutting-edge live casino content will also be available. Speed Baccarat, and the Super Wheel side-bet, the industries’ first game which gives the opportunity to players to progress from slot games to the live casino bonus rounds, are just some of the live casino games being integrated onto Light & Wonder’s content marketplace.
Light & Wonder’s leading online content marketplacehosts over 4,500 games from some of the world’s leading content game studios and its own in-house developed games. Its integration platform is one of the best in the industry, with the company working alongside some of Europe’s and America’s leading online operators.
Neil Tanti, Head of Sales at Stakelogic, said: “Light & Wonder is a market-leading aggregation platform that can provide us unparalleled access to some of our most important strategic markets. Its reputation among providers speaks for itself and we are excited about the opportunities this new agreement presents.”
James Bustin, Business Development Manager, at Light & Wonder, said: “At Light & Wonder, we aim to provide our customers with the most innovative and exciting games available, and to achieve this, we have to work with the best of the best. Stakelogic is firmly established as one of the hottest content providers in the world, and we are proud to add them to our ever-growing content marketplace.”
The post Stakelogic Seals the Deal with Light & Wonder Integration appeared first on European Gaming Industry News.
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