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Gaming Innovation Group reports Q1 2024
ST JULIAN, Malta, May 7, 2024 /PRNewswire/ --
Highlights
Reported revenues (GiG Media) at all-time high of €28.0m (18.4), an increase of 52% (21% organic), with an EBITDA of €13.5 (8.0)
The group, including Platform & Sportsbook achieved all-time high revenues amounting to €36.2m (28.4), an increase of 28% YoY
FTDs for GiG Media were 125,100 (110.800), up 13% YoY
AskGamblers continued positive momentum, with record traffic, players generated, revenue and EBITDA
Platform & Sportsbook signed eight new agreements and HoTs in Q1-24, and ten brands went live so far in 2024
Existing customers on the platform add up to a total of 67 brands, with an additional integration pipeline of 18 brands as of today
The business is operationally ready for the strategic split of Media and Platform & Sportsbook. The split is expected by Q3 2024, pending approvals
Investor presentation and webcast
Chairman of the Board, Petter Nylander will host a presentation of the Q1 2024 results via livestream at 10:00 CET with Jonas Warrer, CEO ...