Gaming Innovation Group acquires website for €11.5 million
On 13th March 2017, Gaming innovation lad added another website to its umbrella at the cost of €11.5 million. This new acquisition is said to increase GIG’s profit by 25% in the short term and to deliver 25,000 first time depositing player to the brands. Following the news Robin Reed, CEO of GIG. Said “The aim of GIG is to build the largest distribution network in iGaming for our clients and suppliers, and, as such, creating an eco-system for iGaming. This acquisition is our largest in the affiliate space to date and will significantly increase our traffic driving capability. Moreso, it was done facing stiff competition, at an attractive multiple of four on current revenue run-rate, excluding potential cost and revenue synergies. We are delighted to acquire this new brand” Gaming Innovation Group is certainly on an acquisition path these days. Indeed, the platform game provider owner of IGC (iGaming Cloud) has recently also acquired Mavrix Technology at the cost of €170 Million which added 3 major casinos brand to its umbrella, Thrills, Kaboo and SuperLenny.
What other online casinos operate under GIG
It’s no secret to anyone that GIG is the proud owners of Guts, BetSpin and Rizk casino. They also have over 20 online casino that operates under the iGaming Cloud platform including ShadowBet, InstaCasino and Tom’s casino.
Why is it a good idea for player to join an IGC casino
The back-end platform offers great gamification tool and also instant gratification to online casino players. They have a wide range of game providers already integrated, which means players who sign-up to an IGC casino are pretty much guaranteed to be entertained. The iGaming Cloud platform is solid as a rock and experience very little down time. It is said to also be shocking fast to load games and e-wallet. If you want to try an IGC casino make sure to visit our bonus section to get the best welcome offers.