1. What were the major highlights the last twelve months for your company?
In the last twelve months GiG completed the last component in the vision to control the whole value chain in the industry. We entered new continents with our online and retail sportsbook solution with Hard Rock in New Jersey, USA and our fully managed casino solution with SkyCity in New Zealand and launched our marketing site wsn.com in New Jersey. GiG was granted a licence in New Jersey, US, two licences in Sweden and two licences in Spain, permitting the Company to offer online casino and sports betting and a Class II licence in Romania for affiliate marketing. We launched the successful marketing compliance tool, GiG Comply. The solid Media Services vertical reached all-time-high revenues. A new Board was elected in December 2018. The GiG share was listed on Nasdaq Stockholm in March 2019, a dual-listing with Oslo Børs and a new SEK400m bond was issued.
2. What will be your main focus in the coming twelve months?
GiG will accelerate B2B sales, both turnkey solutions to land-based operators and modular sales. A new front end framework was launched with SkyCity and migration of all GiG hosted brands are to follow suit in the coming quarters which will improve efficiency. We will continue growing our largest B2C brand Rizk and reduce non-marketing related OPEX through strong focus on execution.
3. Which trend(s) will have the biggest impact on the industry in the coming years?
With a sharp focus on sustainability models, the operators’ product development roadmaps are increasingly focused on compliance and code refactoring. The increased complexity of a regulated operation, coupled with increased taxation, will create a need amongst operators for further outsourcing of the exterior layers of the technology stack and operations such as integrations, aggregations, content and compliance functionality. The use of AI and other smart tools will increase and find new routes to support sustainable business models and a safe and entertaining gambling experience for the end users.
Watch Redye Online Gambling Seminar 2019 and download Redeye Online Gambling Report 2019 for free at: www.redeye.se/live/online-gambling-19
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