Gaming Innovation Group (GiG) (First North: GIG SDB) has today announced its first day of trading as an independent B2B iGaming technology company, following its strategic spinout from marketing affiliate business Gentoo Media. The listing as GiG Software PLC on Nasdaq First North Premier Growth Market marks a significant milestone as GiG continues to leverage its enormous potential for driving growth and innovation with its proprietary technology, across the global B2B igaming sector.

The spin out affirms GiG’s commitment to the continual enhancement and innovation for its best-in-class proprietary B2B technology and services, a suite that include iGaming platform CoreX, sportsbook SportX and revolutionary Social casino sweepstakes platform, SweepX. GiG will now have the opportunity to innovate faster, scale more efficiently for both short and long-term, to ultimately deliver greater value to its partners and investors.

GiG’s is one of the few end-to-end technology providers that can offer enhanced, next generation platform capabilities. Its powerful, secure, and highly scalable iGaming technologies are built for rapid integration, prioritising powerful functionality that greatly elevates localisation and features to offer partners a competitive advantage in their local markets.

GiG is currently live with over 70 brands, spanning over 40 partners in regulated and complex markets across the globe.

As an independent platform business, GiG represents an attractive high-growth opportunity having moved to reduce blockers and unlock its vast potential following the arrival of a highly experienced executive team, under the stewardship of CEO Richard Carter. In conjunction with the recent spinout, GiG Software plc has also received a significant cash injection, ensuring the company is well-capitalised to support its future growth. This capital boost included the repayment of external debt, positioning GiG Software in the strongest possible financial standing to realise its full potential and execute on its strategic objectives.

Richard Carter, CEO of GiG commented “Today marks a pivotal moment for GiG as we embark on a new chapter of growth and opportunity. The strategic spinout allows us to unlock the full potential of our proprietary technology and provides GiG with the focus, agility, and innovation needed to excel in the B2B space. By standing alone, we can fully commit to delivering value to our partners and investors, all while leveraging the foundations that we have already laid for sustainable long-term growth. This is the start of an exciting new era, with GiG positioned to deliver as a leader in the global B2B igaming industry.”

Phil Richards, CFO at GiG comments “GiG represents a very exciting growth story: having full control over our technology stack, combined with management’s vision and the execution of our strategic initiatives, the company is well positioned for success. in addition, the quality of our platform will give us a significant competitive advantage,” says Richards. “We’re confident that as we continue to deliver on our strategy, the full value of the potential of this business will be realised.”

Petter Nylander, Chairman of the Board at GiG added: “Today is the realisation of our long-held confidence in the company’s ability to thrive independently. By focusing exclusively on our technology and full end-to-end services, we are unlocking new avenues for growth and innovation. The board fully believes in the vision and the leadership team driving this business forward. We are confident that GiG is uniquely positioned to capitalise on the immense opportunities ahead, and today’s listing marks the beginning of an exciting journey that will create significant value for our investors.”

The FBM Foundation took a bold action to empower students with essential digital skills at the ISCAG School in Salitran I, Dasmariñas, Cavite, on September 29th. The initiative, organized under the project “Building a Champion by Champion: Shaping Digital Leaders of Tomorrow,” provides vital resources to enhance the students’ digital learning experience for the future.

This solidarity gesture by the FBM Foundation reinforces the project’s intervention in the education field. The ISCAG – Islamic Studies Call and Guidance of the Philippines School Inc. is a non-stock, non-profit organization dedicated to fostering understanding and correcting misconceptions about Islam and Muslims. It serves 230 students from grade school to high school, creating an environment conducive to intellectual and spiritual growth.

Guided by their dedication to driving meaningful change, 10 FBM Foundation committed volunteers actively participated in this initiative. The intervention went beyond distributing 18 computer units, tables, chairs, and air conditioning units by including light repairs and the organization and cleaning of the school’s computer lab. This hands-on approach transformed the learning environment, creating a modernized and welcoming space where students can develop the digital skills necessary to thrive in an increasingly technology-driven world.

“Education is the cornerstone of progress. By providing students with the necessary equipment, we are not only investing in their futures but also in the future of our society. The FBM Foundation is happy to assist these young minds in their growth process, supporting their path to lead with knowledge and compassion”, mentioned Pepe Costa, FBM Foundation’s Representative in the Philippines.

The FBM Foundation has significantly improved the school’s technology, helping to close the digital divide, and ensuring that students from the Islamic community have equal access to educational resources and opportunities. By investing in technology and infrastructure, the FBM Foundation is reinforcing ISCAG School’s mission to enhance understanding of Islam while encouraging social harmony and intercultural dialogue. The support provided by the FBM Foundation ensures that students are better prepared to become the digital leaders of tomorrow, contributing positively to society.

Innovative system to connect land-based and iGaming jackpot pools

Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries “Light & Wonder,” “L&W” or the “Company”) today announced the launch of a new L&W product feature designed to support cross-platform, wide-area, and local-area mystery progressives. This enhancement offers a white-label solution that seamlessly connects the same progressive meter across both land-based gaming machines and iGaming platforms, creating a unified experience across both gaming channels.

Loto-Québec has launched the first cross-platform mystery jackpot using L&W’s new cross-platform technology. The progressive, named SUPER CAGNOTTE, can be found on Loto-Québec’s online gaming portal, lotoquebec.com, and on COSMIC™ gaming machines across casino floors within the province. The progressive jackpot has debuted with the popular series: Rich Little Hens.

“We are excited to bring our cutting-edge cross-platform offering to Loto-Québec,” said Niaz Nejad, Managing Director, Americas – Gaming at Light & Wonder. “Cross-platform progressives represent an exciting new product feature designed to bridge the gap between land-based and online gaming platforms. Players can now engage with the same mystery progressive at the casino or on their mobile devices.”

“Loto-Québec is delighted to offer Quebec customers this exclusive new product, available both online and in our casinos. We are convinced that this addition from Light & Wonder will please our customers, who already enjoy progressive jackpots and click and mortar experiences,” added François Hardy, Senior Director, Product and Innovation at Loto-Québec.

For more information, visit lnw.com.