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Gaming Innovation Group sells Highroller B2C brand to Ellmount Gaming

13th August 2019 9:30 am GMT
Gaming Innovation Group

Oslo-listed Gaming Innovation Group (GiG) has signed an agreement to sell its B2C brand Highroller to Ellmount Gaming for €7m.

Highroller was launched by GiG in December 2017 and contributed revenue of €1.4m during the first half of 2019, with a negative EBITDA of €0.2m.

Highroller will initially operate under GiG’s existing license through a long-term white label agreement, and is expected to be migrated to Ellmount Gaming’s license following regulatory approval.

Ellmount Gaming, which also operates the CasinoRoom.com [...]

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