Report
Oscar Rönnkvist ...
  • Simon Jönsson

Gaming Innovation Group - Solid Q1 sets the tone for a transformative ’22

Strong growth momentum continued into Q2 A transformative year with platform ramp-up from April Share is trading at 7x EV/EBIT in ’23e
Underlying
Gaming Innovation Group

Gaming Innovation Group Inc. (GIG) is a holding company. The Company provides gambling solutions and entertainment. The Company's principal activity is to provide a platform for and facilitate Internet gambling, gaming and betting. The Company operates in three iGaming business areas: Cloud Services (business-to-business (B2B)), Operators (business to consumer (B2C)) and Performance Marketing (B2B). The Company's iGamingCloud.com (iGC) is a Software-as-a-Service platform for iGaming. iGC is a client management platform that offers various services for iGaming operators. GIG offers B2C casino and sports betting services through its approximately three brands, Guts.com, Betspin.com and Rizk.com. GIG contracts with gaming and payment services providers, and operates on its own licenses from Malta Gaming Authorities (MGA) and the United Kingdom Gaming Commission (UKGC). The Company operates in Nordic countries, Europe excluding Nordic countries and Rest of world.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Oscar Rönnkvist

Simon Jönsson

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