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 [...]
