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Gaming Innovation Group Updates
GIG PROVIDES OPERATIONAL UPDATE
Plots sports betting launch in UK market to complement online casino offer.
In an operational update, Gaming Innovation Group (GIG) reported continued growth in its B2B segment which delivered all time high revenues in January 2017, offset by a small decline in its B2C segment compared to the previous month.
January 2017’s gross gaming revenue (GGR) for GIG’s six gaming sites, decreased 2.6 percent to Euro 22.7 million compared to December 2016, the company said. Margins obtained were 3.63 percent for casino and 8.3 percent for sports betting.
A 3.9 percent decrease in total active real money players for the three-month period November 2016 – January 2017 was attributed to the migration of the Betit brands to GIG’s iGaming Cloud platform in November 2016. Betit is expected to increase going forward, GIG said.
GIG’s original brands, Guts.com, Rizk.com and Betspin.com had a 2.7 percent increase in active players from December 2016 to January 2017.
GIG will expand into the UK market following the award of a combined remote operating license to its wholly owned subsidiary, MT SecureTrade Limited.
“This licence provides an attractive opportunity for GIG to also offer sports betting to UK based customers – both for GIG’s own six brands as well as a growing number of white labels on the iGC platform. The Group’s offer to its UK clients was previously limited to online casino,” a company statement reads.
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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