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The Annual Meeting of Shareholders in Gaming Innovation Group Inc. was held today, 22 May 2024, in Stockholm, Sweden. Shareholders representing 57.10% of the shares entitled to vote were present in person or by proxy.

The Annual Meeting approved the Company’s Annual Report for 2023.

The Annual Meeting resolved that the Board of Directors should consist of five members and resolved to re-elect Mikael Riese Harstad as Director of the Board and elect him as new Chairman, to re-elect Hesam Yazdi as Director of the Board, and to elect Cristina Romero de Alba, Mateusz Juroszek and Nicholas Batram as new Directors of the Board. It was further resolved to approve the proposal from the Nomination Committee for remuneration to the Board of Directors.

The Annual Meeting further resolved that the Nomination Committee shall consist of not less than three and not more than four members, to represent all shareholders, and be appointed by the three largest shareholders as at 31 August 2024.

Finally, the Annual Meeting resolved to reappoint REID CPAs LLP as auditors of the Company, and to give the Board of Directors authority to buy back already issued and outstanding shares in the Company as proposed in the Notice of Annual Meeting of Shareholders.

GiG Media and GiG Platform Boards

As part of the process to split the Company by distributing GiG Platform to the shareholders, the Company now have two separate board compositions. GiG Media will continue to operate under GiG’s current corporate structure, with GiG serving as its listed holding company. GiG Platform, currently operated as a subsidiary of GiG, will be spun off to GiG’s shareholders later this year. GiG Platform now has a board of directors consisting of Petter Nylander as chairman, along with Nicolas Adlercreutz, Mikael Riese Harstad, Hesam Yazdi, Tomasz Juroszek and Steve Salmon as ordinary board members.

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Novibet, a leading global online sports betting operator, has joined the International Betting Integrity Association (IBIA). Novibet has licences to operate in Greece, Malta, Cyprus, Ireland and Italy, and has expressed an interest in obtaining a licence in Brazil, which is expected to being its licensing process later this year. The operator joins over 50 companies and 125 leading sports betting brands in IBIA and further cements IBIA’s position as the leading customer account-based betting integrity monitoring body globally.

Panagiotis Skyrlas, Chief International Expansion Officer, Novibet, said: “At Novibet, our commitment to transparency has always been at the core of everything we do. Joining IBIA is a testament to this commitment, as we continually strive to set new benchmarks for integrity and excellence in the online betting industry. By aligning ourselves with IBIA, we are reinforcing our vision to uphold the highest standards and to lead by example. We believe that by working closely with IBIA, we can further elevate trust and confidence in the industry, ensuring that our customers always have a fair and secure betting experience with us”.

Khalid Ali, CEO of IBIA, said: “Novibet is an established name in the sports betting sector and brings with it a global customer base that will be of significant value for IBIA’s monitoring network. IBIA is therefore delighted that Novibet has joined the association and welcomes the operator’s commitment to utilising the best integrity protection available globally for its sports betting products. Ensuring product integrity is paramount to our approach and we look forward to integrating Novibet within our leading global sports betting integrity monitoring system.”

IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators for operators to protect regulated sports betting markets from match-fixing. IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets.

Through the IBIA global monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members have over $300bn per annum in betting turnover (handle), accounting for approximately 50% of the global commercial regulated land-based and online sports betting sector, and in excess of 50% for online alone.

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Inspired Entertainment, Inc., a leading B2B provider of gaming content, systems, and solutions, is delighted to announce the launch of Gold Fever Fortune™ in the B3/LBO market.

Gold Fever Fortune™ offers the tantalizing possibility of uncovering riches hidden deep within the mines. Players should prepare for an adventure filled with excitement as they watch progressive cash pots grow, uncover Streak Spins promising guaranteed wins or bonus awards, and delve into the Gold Rush Board, where a multitude of cash prizes await discovery.

Landing three bag symbols triggers the coveted Pot Picker Bonus. The aim of the bonus is to match three bag symbols and seize a prize from the bronze, silver, or gold pot. With each spin, the progressive cash pots grow and the game transforms into a mine scene where players encounter three trails adorned with gold, silver, and bronze bags, each holding the promise of hidden treasures. As players make their selections, the excitement mounts, with every discovery contributing to their corresponding trail.

The reels ignite when three or more dynamite symbols land in view to trigger the Streak Spins bonus, where every spin guarantees a win or bonus award. Players detonate a “pick me” symbol to unveil the number of streak spins won. The unchosen symbols will also explode, showing what could have been.

Cash prizes await discovery in the Gold Rush Board bonus. This bonus, awarded by three or more miner scatter symbols, transforms the slot game into a board game. Rolling the dice reveals the number of moves as players navigate the board. Landing on highlighted squares awards cash prizes; lantern squares will illuminate a trail and Gimme Gold squares increase cash value. The “Hazard” squares trigger a miner character pop-up with three outcomes: continue, end bonus, or manic miner (highlighted squares are awarded before returning to the hazard square position).

For an alternative to the base game, players can give Fortune Spins a try. Fortune Spins offers the following prizes: Fortune Spins, Streak Spins, Gold Rush Bonus and Pot Picker Bonus. To kick off the game, players choose from three options: Fortune Spins (1 in 10 chance), Super Fortune Spins (1 in 20 chance) and Mega Fortune Spins (1-50 chance).

The feature begins with a choice of three wagons, each filled with gold, silver, bronze or nothing at all. If three full wagons appear in view, the player must choose a wagon that will reveal an award.

The combination of exciting bonuses with a multi and cash gamble makes for a true gaming adventure sure to delight players.

Richard Terry, UK Market Product Director, said, “We’re thrilled to be releasing Gold Fever Fortune. This unique ‘Gold Miner’-themed game combines engaging features like Fortune Spins, Cash Gamble, progressive cash pots and so much more for a truly unforgettable gaming experience. We’re confident that our B3 customers will love the one-of-a-kind gameplay and the game’s innovative mechanics.”