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Gaming Innovation Group Inc: 1 director

A director at Gaming Innovation Group Inc maiden bought 200,000 shares at 30.500NOK and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the...

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

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

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

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Gaming Innovation Group - A strong start to the year

Normalised revenues EUR 19.1m, 27% growth y-o-y Sales and EBITDA in line with Factset cons. expectations April revenues up 42% y-o-y

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Sector Fast Comment - Leo Vegas receives a 44% premium bid

Bid corresponds to 11.3x ‘22e EV/EBITDA (Factset cons) We prefer Kindred, and note the 11 US market accesses Consolidation continues – positive read-x to the sector

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Gaming Innovation Group - Ready to take the next step

SportnCo included in estimates from Q2’22 Change in our P&L structure – ‘22e adj. sales up Trading at ~5x fully diluted ‘23 EV/EBITDA

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Gaming Innovation Group - Solid outlook going into 2022

Normalised revenues up 29% y-o-y in Q4’21 Media segment continues to outperform Trading at 7.2x EV/EBITDA in ‘22e

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Gaming Innovation Group - Q4’21 came in short – strong start to 2022

Q4 slightly below cons. expectations January ‘22, up 20% y-o-y – above expectations Sportnco can bring numerous synergies

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Gaming Innovation Group - Acquires a perfect piece to the puzzle

Announces acquisition of B2B provider Sportnco Price of EUR 70m (EV), ~14x 21e* EV/EBITDA Adds ~23%* on ‘21e EBITDA PF

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Sector Fast Comment - Heads up – change of lead analyst

The sector is currently heavy on news We wish to announce our transfer in coverage Q4’21 and ICE conference in Feb 2022 next events

Erik Moberg ... (+2)
  • Erik Moberg
  • Oscar Rönnkvist

Gaming Innovation Group - Continued momentum

Q3 report in line with expectations A strong start to the fourth quarter Trading in line with market leading sector peers

Rikard Magnus Braaten
  • Rikard Magnus Braaten

Gaming Innovation Group - Media Services continues its positive trend

Adj. EBITDA significantly ahead of our expectations Supportive trading update for October We only make minor revisions to our estimates

Erik Moberg
  • Erik Moberg

Gaming Innovation Group - Another solid quarter completed

Continued improvements Minor revisions for H2 Solid pipeline for the rest of the year

Erik Moberg
  • Erik Moberg

Gaming Innovation Group - Strong start to Q2 supports outlook

Better-than-anticipated Q1 report Reiterated guidance Outlook continues to improve

Aksel Øverland Engebakken ... (+2)
  • Aksel Øverland Engebakken
  • Erik Moberg

Gaming Innovation Group - Another step in the right direction

Improved cost base… …with a strong pipeline for 2021 Off to a strong start in ‘Q1 21

Aksel Øverland Engebakken ... (+2)
  • Aksel Øverland Engebakken
  • Erik Moberg

Gaming Innovation Group - Continued improvements

Sequential improvements... …but Q4 guidance lowered Continued US expansion awaits

Aksel Øverland Engebakken ... (+2)
  • Aksel Øverland Engebakken
  • Erik Moberg

Gaming Innovation Group - Solid momentum in client signings

Revisions to the upside… …but termination of Hard Rock contract raises questions Remains a high-risk investment case

Rikard Magnus Braaten
  • Rikard Magnus Braaten

Gaming Innovation Group - Little COVID-19 impact – guidance slightly...

Media Services delivers the goods Sports Betting Services heading towards break-even Slightly improved guidance for FY ’20

Aksel Øverland Engebakken ... (+2)
  • Aksel Øverland Engebakken
  • Erik Moberg

Gaming Innovation Group - ESG profile

The most prominent risks within online gambling are the social and governmental aspects surrounding gambling addiction and acting in markets that are regulated. To mitigate these risks, GiG has developed an AI machine learning system to help identify end-users that may be at risk. The firm also provides a range of gaming tools that allow users to place limits on their gaming. These tools allow end-users to decide in advance how much time or money they are able or willing to spend. ESG profile

Aksel Øverland Engebakken ... (+2)
  • Aksel Øverland Engebakken
  • Erik Moberg

Gaming Innovation Group - A step in the right direction

Improvements across the board Positive revisions due to new contracts Risks remain

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