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Gaming Innovation Group Capital Markets Day – Summary of presentation

George Miller

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Gaming Innovation Group Capital Markets Day - Summary of presentation
Reading Time: 3 minutes

 

Gaming Innovation Group (GiG) hosted its first Capital Markets Day in Stockholm on 4 December as the Company prepares to move the listing from the Oslo Børs to Nasdaq Stockholm in Q1 2019.

You can watch the full recording here.

 

GiG was founded six years ago and since then CEO and co-founder Robin Reed has developed a strategy to become a full service provider for every company serious about iGaming. The company’s vision is to “open up iGaming making it fair and fun for all”, teamed with the mission “to have a stake in every fair online bet”. Digital transformation and regulation across the world are the main drivers behind the potential in GiG’s strategy and goals.

In 2018, GiG has reached a platform where it now offers a competitive solution covering all verticals in iGaming. The company has grown rapidly and now employs approximately 750 people in Malta, Spain, Gibraltar, Denmark, Norway and the US.

GiG is always seeking operational excellence and has now reached a level where it has several sources of revenues, scale advantage, sound profitability, and has a solid cash position. There is a significant market potential for the Company to leverage on its unique solution to support the growth of a company with ambitions to perform in all verticals in iGaming.

GiG offers iGaming solutions based on innovative technology and looks at its target market across four industry clusters:

  • Big brands new entrant: This is GiG’s primary growth driver and sales focus going forward, where GiG is able to offer new market entrants a complete B2B iGaming solution. With more markets regulating, big media and entertainment brands are expected to move into iGaming to leverage their brands and expand their customer reach.
  • Locals: Typically state monopolies or strong incumbent operators. When markets regulate, it allows monopolies to move into new verticals and land-based operators to move online.
  • Challengers: Small to mid-sized online operators which have a mix of regulated and unregulated revenues. As more markets regulate, profits are being squeezed and these operators will be looking to cut costs, either through consolidation or cheaper operations via outsourcing.
  • Emerging superstars: The big global online brands.

GiG can support the growth of a ‘green fielder’ in providing a turnkey solution throughout the whole iGaming value chain. We can do this with an omnichannel platform (retail in offline environments and online offerings combined), or with sports and casino content plus a range of managed services. The unique advantages are based on a full service solution, access to scale advantage, and the vast expertise, knowledge and experience found within GiG. These products, services and solutions are also sold individually.

GiG’s recent deal with Hard Rock in New Jersey was signed in October 2017. Hard Rock online casino was the first outcome from the partnership and launched its casino offering in New Jersey in July this year. According to Hard Rock, it is the “fastest growing online casino in New Jersey history, reaching more than $1m in Gross Gaming Revenue, ‘without any’ marketing spend.”

In November 2018 the partnership was expanded to include GiG’s sportsbook solution, which we expect to launch in Q1 2019 for both over-the-counter betting and self-service betting terminals. For exceptional user experience we offer a one wallet solution, which means customers have seamless use between online and offline play, and we have a revenue share in both.

Casino games, developed in-house, is a recent addition to GiG’s B2B product portfolio, and the last piece of the puzzle to cover the whole iGaming value chain. GiG builds games on its own remote game server, which is also provided on a commercial basis to external games studios to build their games. GiG is currently certifying its games in a number of European markets, New Jersey and Colombia.

The inhouse B2C brand Rizk.com has shown a great growth story and is the strongest performing brand. While the B2C business is not GiG’s key strategic focus, it brings scale to the platform and is used as a testbed for innovative iGaming solutions. The other six in-house brands are focusing on market solutions such as Pay N Play and a more digitally focused marketing strategy.

The business vertical GiG Media focuses on digital marketing and drives traffic and attention to iGaming operators. In 2017, GiG acquired the Copenhagen based company Rebel Penguin, which strengthened its position in paid media channels. Re-regulation is foreseen to create new opportunities in global markets for data acquisition channels such as paid media services.

It’s taken six years to get GiG into this unique market position. All verticals have been created, all solutions have been sold, and the Company’s position in the industry is strengthening daily.

 

 

About Gaming Innovation Group (GiG):

Gaming Innovation Group Inc. is a technology company providing products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair and fun for all’. Through its ecosystem of products and services, it is connecting operators, suppliers and users, to create the best iGaming experiences in the world. Gaming Innovation Group operates out of Malta and is listed on the Oslo Stock Exchange under the ticker symbol GIG.

 

 

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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InPlayNet appoints Salvatore Marino as CCO

Niji Ng

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InPlayNet appoints Salvatore Marino as CCO
Photo source: jamma.tv
Reading Time: 2 minutes

InPlayNet, the Germany-based igaming platform developer, has appointed Salvatore Marino as the new Chief Commercial Officer (CCO). He too charges from November 25. His aim is to make the InPlayNet platform to scale new markets.

Marino, an MBA from Cambridge, has more than a decade of international experiences in various kinds of betting companies.

“What is the use of accumulating experience if not to face more demanding challenges?” he said to those who asked him why he chose to get on board InPlayNet after having worked, the last three years, with a well-established company, at a recently held SiGMA conference in Malta.

“With this company, I feel I have a lot in common: we are both young, so with so much energy, but we already know the market in which we want to grow and will show our platform in Malta during the days of SIGMA. I found, at InPlayNet, people with the latest technical skills and above all a cutting-edge technology that is adapted to a constantly evolving demand within the industry. For my part, I am organising a sales and service network able to face any type of market: from those that are mature to those that are only now adopting a regulation, like Sweden.”

InPlayNet has just opened its new commercial offices in Malta, but the company’s 200+ employees are distributed between the Frankfurt office, where the company was founded, and London.

“I gave myself a short time and right from the start I will be busy on the main European jurisdictions. In addition to Malta, also UK, Spain and Scandinavia. InPlayNet is a winning platform for the innovative technical features and the commercial formula we have developed. We are very focused on sports betting activity, but the platform offers the full range of casino games. Being a turnkey solution, is complete platform that operators can use and set very quickly, complete with all the verticals that every operator needs in their targeted market.”

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Classic Lightning Box games updated

George Miller

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Lightning Box's Chartwell games upgrade
Reading Time: 2 minutes

 

Chartwell titles upgraded in HTML5 on SG Digital

 

Specialist slot developer Lightning Box has seen a number of its classic games upgraded in HTML5 in order to bring them to the next generation of players.

Popular titles including Chilli Gold, Frogs ‘n Flies, and Serengeti Diamonds were originally designed in Flash when founders Peter Causley and David Little first began designing content for Chartwell Technology in 2010.

But they have now been revamped in the most up-to-date format and will be distributed to European operators by SG Digital. Following a recent extension to that deal, they also have a route to online operators in New Jersey and Canada.

Peter Causley, Lightning Box managing director and co-founder, said: “Our Classic games have built up quite a reputation among players over the last decade or so and have quite rightly taken their place in the slots hall of fame.

“Players demand has seen them upgraded for the latest technologies on the most up-to-date devices and we are now able to put them in front of a new generation who are appreciating them afresh.”

Also chosen to be included in Lightning Box’s Classics range will be Diamond Tower, Angel’s Touch, Moon Temple, and Lost Temple.

 

About Lightning Box:

Lightning Box is a leading multi-channel supplier of video slots to the betting and gaming industries. The independent studio, based in Sydney, Australia, provides high quality gaming content to land-based, online, and social casinos around the world. It was founded in 2004 by former Aristocrat and IGT designers Peter Causley and David Little. Their combined forty five years’ experience has helped the studio produce a number of commercially successful games, such as Silver Lion, Lightning Horseman, Stellar Jackpots-Chilli Goldx2, Dragon Palace, Frogs ‘n Flies, Astro Cat, and Dolphin Gold. These, and their most recent releases, regularly feature in the top performing games of clients, including SG Digital, Microgaming (Quickfire), Incredible Technologies, Everi and High5Casino. For more information about Lightning Box, please visit www.lightningboxgames.com

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Cryptocurrency: Top 8 Women In Cryptocurrency

George Miller

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Cryptocurrency: Top 8 Women In Cryptocurrency
Reading Time: 2 minutes

 

With the dramatic rise in the bitcoin price, the word cryptocurrency has now become ubiquitous with masses. Now everybody who gets introduced to this marvel wants to learn more about it. When we think about any kind of currencies, the main area of concern remains the security.

Hence in case of cryptocurrencies, security has been given the paramount importance through the use of cryptography. Before understanding cryptocurrencies, you should first understand the concept of general currency itself. Money as the way we know i.e.

Cash, is simply a token we use to exchange goods and services. The piece of paper we carry in our wallets doesn’t have any inherent value. It gets its value from the fact that we people believe it to possess value.

In present times, the need for any physical token has reduced drastically and the focus has clearly shifted to virtual currencies. Like traditional currencies, cryptocurrencies too are digital currency except some crucial differences among the two like the widespread use of internet.

Let’s check out how cryptocurrencies are different from traditional currencies. First of all they are not issued by any government. They are created and controlled by computer programming and super specialized algorithms.

The users themselves along with their combined computing power execute all the aspects of the transactions pertaining to a particular cryptocurrency. No banks or intermediaries are needed for maintaining records or for processing the transaction.

This system, where the transactions are directly carried out by and among the users and the sophisticated computing machines is known as blockchain. The transaction happening over a blockchain is termed as ‘peer to peer’ transaction.

The second major difference between cryptocurrencies and conventional currencies is that the total amount of a particular cryptocurrency that can ever be in circulation is limited. Hence we see that conventional currencies work on inflationary model while cryptocurrencies has been designed to work on a deflationary model.

Women In Cryptocurrency: Top 8 Women In Cryptocurrency

Check out the following infographic on Top 8 women in Cryptocurrency, its all about the most popular Crypto women and their achievements to this industry. 

Women In Cryptocurrency

This infographic was developed by MrBTC.org, please go through it and let us know your thoughts.

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