Operational update May 2016
Total active real money players for the three months period March-May were 83,288, compared to 88,876 for the period February-April. Of the total number of players, 74,986 only played casino, 3,037 only played sports and 1,258 only played poker. The remaining 4,007 were active in more than one category. Free bet players are excluded from the number of active players.
Total registered users on GIG's iGaming sites Guts.com, Betspin.com and Rizk.com were 420,856 as of 31 May 2016, compared to 394,190 as of 30 April 2016.
During the month of May, two additional external operators commenced operations on GIG's iGC platform. Including GIG's own brands, 11 operators are now operating on the platform and operations have been in line with plan and without special events.
In December 2015, GIG signed an agreement with Chance Hill, who has signed an agreement for an additional brand that will be operated as an individual entity, with expected launch by the end of Q3.
Innovation Lab's acquisitions of affiliate assets in the Netherlands and Sweden has been completed according to plan, increasing the number of First Time Depositors referred to own and external operators by more than 100% on a monthly basis.
LaunchTuesday, March 14, 2017Larry Laffer is launching a new online casino – powered by Gaming Innovation Group’s (GIG) platform service provider iGaming Cloud and quite unlike anything that has ever been there before. "LarryCasino.com features a selection of the best slot machines, casino games and live casino play – all based around a new Leisure Suit Larry adventure..."[Continue Reading]
AcquisitionFriday, March 10, 2017Gaming Innovation Group Inc. (GIG) and its subsidiary Innovation Labs have agreed to acquire the highly regarded affiliate website Casinotopsonline.com for a consideration of EUR 11.5 million. This is Innovation Labs’ largest acquisition to date and will significantly strengthen its position as a leading affiliate in Europe. Read on for more details and comments from GIG and Casinotopsonline CEOs.[Continue Reading]