Gaming Innovation Group Follow

Gaming Innovation Group Inc. ("GiG" or the "Company") has today issued
26,110,900 new shares of its common stock in connection with the acquisition of
Sportnco Gaming Innovation Group Inc. ("Sportnco") and the related directed
share issue towards SkyCity Entertainment Group Limited ("SkyCity"), ref.
separate announcement today.

12,623,400 new shares have been issued to the shareholders of Sportnco at a
share price of NOK 18.08 for a consideration of EUR 23,500,000, and 13,487,500
new shares have been issued to SkyCity at a share price of NOK 18.00 for a
consideration of EUR 25,000,000.

The new shares are issued by the Board of Directors under the Company's
150,000,000 authorized shares, and the Company confirms that the new shares have
been duly authorized by all necessary corporate action and that the new shares
have been fully paid and validly issued. The Company's share capital has
increased from USD 96,675,626 to USD 122,786,526, and the number of outstanding
shares has increased from 96,675,626 to 122,786,526. (par value USD 1.00). The
new shares are issued on a separate non-listed ISIN and will be admitted to
trading once a listing prospectus has been approved by the Norwegian Financial
Supervisory Authority.

For further information, please contact:
Tore Formo, Group CFO, tore@gig.com

About Gaming Innovation Group (GiG):
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry leading platform, sportbook and
media provider delivering world class solutions to our iGaming partners and
their customers'.  GiG's mission is to drive sustainable growth and
profitability of our partners through product innovation, scalable technology
and quality of service. Gaming Innovation Group operates out of Malta and is
dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq
Stockholm under the ticker symbol GIGSEK. www.gig.com

This information was distributed by Oslo Børs https://www.oslobors.no/