GiG Q1 revenue grows 64% thanks to record media returns
5th May 2021
| By Robin Harrison
Gaming Innovation Group (GiG) saw revenue grow 64.0% year-on-year in the first quarter of 2021, with media services business hitting an all-time high of €10.0m.
Revenue for the three months to 31 March 2021 came to €18.3m (£15.8m/$21.9m).
This revenue figure included the full profit and loss from its white label agreement with SkyCity Malta, a subsidiary of the New Zealand land-based operator. If standard white label accounting principles were applied, giving GiG only a share of SkyCity Malta earnings, normalised group revenue for the period would have been €15.4m, a 43.9% year-on-year rise.