Edition:
United States

Gaming Innovation Group Inc (GAMIG.OL)

GAMIG.OL on Oslo Stock Exchange

4.36NOK
15 Dec 2017
Change (% chg)

kr0.00 (+0.00%)
Prev Close
kr4.36
Open
kr4.33
Day's High
kr4.36
Day's Low
kr4.30
Volume
533,579
Avg. Vol
1,295,577
52-wk High
kr6.18
52-wk Low
kr2.70

Latest Key Developments (Source: Significant Developments)

Gaming Innovation Group Q3 ‍EBITDA up at EUR 3.0 million
Thursday, 2 Nov 2017 03:04am EDT 

Nov 2 (Reuters) - GAMING INNOVATION GROUP INC :GIG REPORTS THIRD QUARTER REVENUES UP 16% FROM SECOND QUARTER 2017\, AND.Q3 OPERATING REVENUES OF EUR 30.8 MILLION, UP 112% FROM EUR 14.5 MILLION IN Q3 2016​.Q3 ‍EBITDA OF EUR 3.0 MILLION, UP FROM EUR 1.9 MILLION IN Q2 2017 AND EUR 1.1 MILLION IN Q3 2016​.Q3 ‍ORGANIC REVENUE GROWTH OF 10% OVER Q2 2017 AND 54% FROM Q3 2016​.  Full Article

Gaming Innovation acquires Rebel Penguin for EUR 13 mln
Monday, 11 Sep 2017 03:19am EDT 

Sept 11 (Reuters) - GAMING INNOVATION GROUP INC ::GIG ENTERS THE PAID MEDIA SPACE THROUGH FIFTH AFFILIATE ACQUISITION IN.‍TO ACQUIRE REBEL PENGUIN FOR A TOTAL CONSIDERATION OF EUR 13 MILLION.​.‍COST SYNERGIES ARE ESTIMATED TO BE AT LEAST EUR 1 MILLION PER YEAR​.  Full Article

Gaming innovation group Q2 EBITDA at EUR 1.9 million
Tuesday, 8 Aug 2017 02:04am EDT 

Aug 8 (Reuters) - GAMING INNOVATION GROUP INC ::GAMING INNOVATION GROUP REPORTS Q2 REVENUES UP 15% FROM FIRST QUARTER 2017 AND 174% FROM SECOND QUARTER 2016.Q2 EBITDA OF EUR 1.9 MILLION, UP FROM EUR (0.4) MILLION IN Q1 2017 AND EUR 1.0 MILLION IN Q2 2016.MAINTAIN GUIDING OF EUR 120 MILLION IN REVENUES FOR 2017, EXCLUSIVE OF REVENUES FROM ACQUIRED OPERATIONS.  Full Article

GIG through unit ‍to acquire Stk Marketing for NOK 240 mln​
Monday, 17 Jul 2017 12:57am EDT 

July 17 (Reuters) - GAMING INNOVATION GROUP INC ::‍TO ACQUIRE, THROUGH ITS SUBSIDIARY INNOVATION LABS, ALL ASSETS IN STK MARKETING LTD, FOR A TOTAL CONSIDERATION OF NOK 240 MILLION​.‍EXPECTS ACQUIRED ASSETS TO GENERATE ABOVE EUR 7 MILLION IN EBITDA DURING FIRST 12 MONTHS.‍CLOSING OF TRANSACTION IS EXPECTED IN AUGUST 2017​.  Full Article

Gaming Innovation Group sells 70 million shares
Friday, 2 Jun 2017 01:36am EDT 

June 2 (Reuters) - GAMING INNOVATION GROUP INC :SUCCESSFUL SALE OF 70 MILLION SHARES, DISCLOSURE OF LARGE SHAREHOLDING AND MANDATORY NOTIFICATION OF TRADE.‍ THROUGH AN ACCELERATED BOOKBUILDING PROCESS MANAGED BY CARNEGIE TOTAL OF 70,000,000 SHARES IN GIG AND WAS PRICED AT NOK 5.40, REPRESENTING 8.55% OF OUTSTANDING SHARES​.  Full Article

Gaming Innovation Group Q1 revenue rises to EUR 23.1 mln
Tuesday, 2 May 2017 01:56am EDT 

May 2 (Reuters) - GAMING INNOVATION GROUP INC ::GAMING INNOVATION GROUP REPORTS ALL TIME HIGH REVENUES - EXTENSIVE.Q1 OPERATING REVENUES OF EUR 23.1 MILLION, UP 7% FROM EUR 21.5 MILLION IN Q4 2016..Q1 EBITDA OF EUR (0.4) MILLION, DOWN FROM EUR 3.9 MILLION IN Q4 2016.EXPECT 2017 REVENUES OF EUR 120 MILLION (EXCLUDING REVENUES FROM ACQUIRED OPERATIONS).  Full Article

Gaming Innovation Group and its unit to buy affiliate website Casinotopsonline.com
Friday, 10 Mar 2017 02:05am EST 

Gaming Innovation Group Inc : Signs largest affiliate acquisition till date . GIG and its subsidiary Innovation Labs has agreed to acquire affiliate website Casinotopsonline.com for a consideration of 11.5 million euros ($12.18 million) . Acquisition will be paid by part of proceeds from recent bond placement .Closing is expected in April 2017.  Full Article

Gaming Innovation Group: Successful placement of SEK 400 mln bonds
Monday, 20 Feb 2017 02:03am EST 

Gaming Innovation Group Inc : Successful placement of 400 million Swedish crowns ($44.92 million) senior secured bonds . Bond issue has fixed coupon of 7.0 pct p.a. . Bond issue was significantly oversubscribed .Settlement is expected to be March 6, 2017 with final maturity March 6, 2020.  Full Article

Gaming Innovation to buy affiliate assets for EUR 3.5 mln
Wednesday, 15 Feb 2017 01:58am EST 

Gaming Innovation Group Inc : Gaming Innovation group acquires affiliate network assets . Will pay a consideration of 3.5 million euros ($3.70 million) in cash .Acquisition is subject to a satisfactory due diligence, and is expected to be concluded in Q1 2017.  Full Article

Gaming Innovation Group: Total deposits down 2.6 pct in Jan
Monday, 6 Feb 2017 02:39am EST 

Gaming Innovation Group Inc : Says Gross Gaming Revenue (GGR) decreased in January for GIG's six gaming sites . In January total deposits were 22.7 million euros ($24.40 million), down 2.6 pct compared to previous month, December 2016 .Total active real money players for November 2016 - January 2017 were 176,273, down 3.9 pct from 183,521 for October - December 2016.  Full Article