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Gaming Innovation Group forecasts 2017 revenue of €120m

2nd May 2017 7:42 am GMT

Oslo-listed Gaming Innovation Group (GIG) has posted a 193 per cent increase in first quarter revenue to €23.1m, benefiting from record performances from its Innovation Labs and iGamingCloud B2B businesses.

Total B2C revenue grew by 178 per cent year-on-year in Q1 to €18.5m as active customers grew to 188,879. This included a record 121,880 active users from GIG’s original brands Guts.com, Rizk.com and Betspin.com, with revenue climbing 65 per cent to €11.0m.

The three Betit brands had [...]

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