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Record Q3 for Gaming Innovation Group as revenue climbs 62%

11th November 2015 7:07 am GMT

Oslo-listed operator Gaming Innovation Group (GIG) has posted record quarterly revenue in Q3, aided by strong growth in customers using its iGamingCloud platform.

Revenue rose 62 per cent to €6.0m in the quarter, up 25 per cent versus the previous quarter, with revenue driven by the performance marketing business Innovation Labs and higher average revenue per user.

Gross profit climbed to €3.9m over the period, though the company posted an EBITDA loss of €382 and a €74,764 [...]

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