Tricky market conditions no problem

Q3 pre-announced, '24 guidance reiterated

On track to achieve FY guidance

Slight Q3 miss but reiterated FY sales guidance

Ready to split 1 October

Media keeps delivering like clockwork, 18% organic growth in Q2. We remove Platform and Sportsbook from group P&L estimates. Limited underlying revisions – strong P&S recovery awaits.

Strong Media and encouraging P&S outlook

Dodging industry headwinds

Q2: 8% organic sales growth, but adj. EBITA down 6% y-o-y. Platform & Sportsbook signings have begun to accelerate. Could see less of a neg. impact from Google update vs. peers.

Gaming Innovation Group - On track to the ’22 EBITDA guidance top

Q3: limited changes to momentum, 24% org. growth ‘22e adj. EBITDA likely in the upper range of guidance Share is trading at 8x ‘23e EV/adj. EBITA

Gaming Innovation Group - Decent Q3, solid start to Q4, reiterated gui...

Q3: 2-5% below our estimates on sales and adj. EBITDA October revenues up 34%, World Cup to support Nov-Dec Trading at 8x ‘23e EV/EBITA on pre-Q3 estimates

Gaming Innovation Group - Steadily growing quarter by quarter

Expect 5% sequential top-line growth & a 38% margin Limited estimate changes on a solid outlook Share up 31% YTD and trading at 11x ‘22e EV/EBITA

Gaming Innovation Group - Signed, sealed, delivered

Reassuring Q2 numbers and outlook We raise ‘23e-‘24e estimates Share is trading at 6x ’23e EV/EBITA

Gaming Innovation Group - Record strong quarter with Sportnco onboard

Record strong performance in Q2 FY ’22 guidance reiterated, while lifted long-term ≈800bps for less than two years’ risk is attractive

Gaming Innovation Group - Solid Q2 and lifted long-term financial targ...

Q2 beat on sales and adj. EBITDA Strong outlook – targets ~20% annual organic growth Signings continue at a rapid pace

Gaming Innovation Group - A signing a day keeps the…

SportnCo synergies already visible: five Q2 signings Positive ‘23e-‘24e estimate changes, EBITA up 11-10% Trading at 6x ‘23e EV/EBITA – share down 7% YTD