GiG, one of the largest content aggregator and casino operators who own GiG core and Rizk Casino, has bid farewell to its CEO, Robin Reed.
This news came as a surprise to the industry since Reed is one of the original founding members. As Reed departs, Richard Brown will wear both the CEO and COO hat until a suitable candidate steps in.
The structure change came to light on September 5th. And Reed is not the only one affected by it. In fact, Petter Nylander, GiG’s chairman, will also take a more active operational and strategic role in the new structure. Plus, he’ll also support the change of leadership as the company embraces new challenges.
Nylander did praise Reed’s contribution to GiG, during his time as CEO, crediting him with playing “a crucial part” in their past success.
However, he made it clear that the company needs to move forward. Consequently, they’ll be different challenges and more opportunities. Hopefully, the new leadership will help the company towards its future goals. The search for the permanent CEO will begin now.
Despite the change of direction, the strategy remains the same. The aim is to be a global operator and partner. GiG also wants to strengthen its brands and to take offline casino brands and promote their presence online as they have with Hard Rock.
Looking ahead, the company will look at securing contracts with more B2B clients. Plus, they’ll focus on providing customers with fully managed solutions. Furthermore, they will keep developing their media service as well as their sportsbook. Hopefully, new opportunities will arise for GiG as the US expands the online gambling sector.
Change is never easy, and this has been a big upheaval for GiG. However, with a new leader and new focus, hopefully, they will see positive results.