Latest News
Gaming Innovation Group reports Q4 2021

Gaming Innovation Group Inc. (GiG) reports Q4 2021 revenues* of €18.2 million and an EBITDA of €5.6 million.
“We have closed off 2021 with another strong quarter with revenues up 29% to an all-time high, and an EBITDA up 35% compared to the fourth quarter of 2020, and importantly we have laid a truly exciting and expansive structure in place to further accelerate our global ambitions via the acquisition of SportnCo.”, says Richard Brown, CEO of GiG.
Financial Highlights
- Revenues* in Q4 2021 were €18.2m (14.1), an increase of 29% YoY, all organic
- EBITDA was €5.6m (4.1), up 35%, EBITDA margin* increased to 30.7% (29.1%)
- Revenues in Media Services at an all-time high of €12.8m (9.0), an increase of 42%, with an all-time-high EBITDA of €5.7m (4.3)
- Revenues* for Platform Services were €5.3m (4.9), an increase of 8%, with an EBITDA of €0.2m (0.2). Excluding discontinued white labels, revenues increased 22%
- Positive EBIT of €1.8m (-0.1), an improvement of €1.9m
- Positive cash flow from operations of €1.2m (-0.2), an improvement of €1.4m
Operational Highlights
- Signed a SPA in December to acquire Sportnco Gaming, closing expected in Q1 2022
- Media Services reached a fourth successive all-time high in quarterly revenue and player intake, FTDs ended at 60,600 (33,200), up 82%
- Signed a long-term agreement with an established German operator that will migrate its existing brand to GiG’s iGaming Platform
- Signed a long-term platform agreement with Rank Entertainment Holdings to power the worldwide growth for their brand Marina888
- Two new brands were launched in Q4, and two additional brands development complete at year end
Events after Q4
- Signed a three-year extension to the long-term agreement with Betsson Group, taking the term of the contract to Q4 2025
- Two new brands live so far in 2022, the remaining integration pipeline are progressing towards their plans
- January has developed positively, revenues are up 20% YoY
*Revenues are adjusted for revenues from a platform client where GiG recognizes the full operations in its profit and loss statement, which are partly offset by related cost of sales and site overheads. Cost of sales, marketing expenses and EBITDA-margin are adjusted accordingly. See Note 2 in the Q4-2021 Interim Report for more details.
Investor presentation and webcast
CEO Richard Brown will present the Q4 2021 results via livestream at 10:00 CET. The presentation will be followed by a Q&A session, and investors, analysts and journalists are welcome to participate. The presentation will be given in English.
Link to the livestream:
https://www.redeye.se/events/832407/live-q-gaming-innovation-group-2
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Latest News
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products

Leading iGaming products supplier Logifuture has appointed Khoren Kalashyan as Senior Business Development manager to drive growth in regulated markets.
Kalashyan brings a wealth of experience from commercial and product leadership roles across some of the industry’s most ambitious companies.
He joins Logifuture after almost six years at FeedConstruct, where he held multiple positions, including Business Development Executive and Official Brand Ambassador, helping scale the company’s reach across Europe and Asia through strategic partnerships and commercial activations.
He also served as Head of Products at Sportify, where he was instrumental in launching tournaments such as the ITT Cup in Czech Republic and in Slovakia and the Badminton Infinity Cup, establishing Sportify as a competitive B2B content provider in underserved markets.
His tenure saw him align product innovation with operator needs, delivering high-margin, high-engagement formats.
Logifuture fuels the growth of some of the fastest-growing iGaming brands in emerging markets, including in Latin America, Eastern Europe and Africa, where it powers Bet9ja – Nigeria’s leading sportsbook.
At Logifuture, Kalashyan will focus on accelerating the global rollout of its flagship virtual sports products – Zoom Soccer and Simulate – which are redefining realism in virtual play through continuous 24/7 action and sophisticated RNG that mirrors real-world dynamics.
Kalashyan said: “Logifuture’s products are built lean, scale fast, and resonate with what modern players want.
“In this space, milliseconds matter and we’re engineering for that advantage.”
The post Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products appeared first on European Gaming Industry News.
$TRUMP meme coin
Hyperscale Data Subsidiary Bitnile.com Accepts $TRUMP Meme Coin in its Social Casino

Hyperscale Data Inc, a diversified holding company, announced that the $TRUMP meme coin is now an accepted payment method on Bitnile.com, the sweepstakes-based social-casino platform operated by Bitnile.com Inc, an indirectly wholly owned subsidiary of Hyperscale Data.
Players can now use $TRUMP to purchase coin packages used to enter a wide range of casino-style social games on Bitnile.com, including slots, poker, and blackjack. Bitnile.com now accepts both the $NILE coin and the $TRUMP coin as payment methods and plans to roll out additional cryptocurrencies over the coming months.
Joe Spaziano, Chief Executive Officer of Bitnile.com, said: “We are happy to provide players an additional onboarding option and will continue to work on accepting additional cryptocurrencies throughout 2025. Our goal is to provide players with multiple options to play on Bitnile.com. On or about July 1, 2025, we will also accept $PEPE, marking three meme coins as an accepted payment method on Bitnile.com, with more expected to come this year.”
The post Hyperscale Data Subsidiary Bitnile.com Accepts $TRUMP Meme Coin in its Social Casino appeared first on Gaming and Gambling Industry in the Americas.
Africa
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured

Dr. Gloria Herndon—international economist, philanthropist, and long-standing advocate for underserved communities—is preparing to launch a charitable casino platform in Kenya, where a license has already been secured. The platform will be operated by Top Deck Entertainment, where Dr. Herndon serves as Chairman of the Board, and developed in partnership with Humanitarian Gaming International (HGI)/Electronic Gaming Solutions, Inc. (EGS)
This initiative marks the beginning of a new model for regulated casino gaming in Africa—one built to generate real, measurable community impact. A dedicated portion of net gaming profits will go directly to charitable local organizations, supporting causes such as youth development, healthcare, education, and economic empowerment.
“This isn’t just a business venture—it’s a reinvestment mechanism,” said Dr. Herndon. “We’re building something that generates revenue and returns it to the communities that need it most.”
A Regulated Model Designed for Impact
While the charitable platform has not yet launched, all required licensing has been secured in Kenya. Once active, the platform will offer traditional casino gaming in a tightly regulated environment, designed with responsible gaming safeguards and operational transparency at its core.
A percentage of net profits will be directed to vetted local nonprofits. Humanitarian Gaming International (HGI)/ EGS will provide the content for the charitable platform, governance support, operational guidance, and oversight to ensure accountability and measurable results.
Profits Will Support These Key Areas:
- Youth Empowerment – Mentorship, after-school programs, and creative opportunities
- Scholarships & Education Grants – Tuition assistance and educational advancement
- Entrepreneurship Support – Seed funding and mentorship for local startups
- Women’s Economic Development – Business training and career support for women
- Community Health Access – Mobile clinics and basic health services
- Emergency Relief – Rapid-deployment funds for disasters and urgent needs
- Job Creation – Employment tied directly to casino operations and outreach
- Support for Orphans – Housing, education, and care for children without guardians
- Aid for Survivors of Sexual Violence – Trauma-informed care and legal advocacy
- Support for Elder Caregivers – Dignity-focused financial and wellness assistance
About Dr. Gloria Herndon
Dr. Gloria Herndon is a pioneering international economist and philanthropist with a six-decade career advancing equity, infrastructure, and economic development across Africa and beyond. She has led high-impact initiatives in finance, public health, and education, and currently serves as Chairman of the Board of Top Deck Entertainment. Her latest venture reflects her lifelong commitment to building systems that serve people first.
The post Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured appeared first on European Gaming Industry News.
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