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Gaming Innovation Group

Gaming Innovation Group

GIG: Gaming Innovation Group appoints Richard Carter as Platform & Sportsbook CEO

12:00 / 14 August 2023 Gaming Innovation Group Press release

Gaming Innovation Group Inc. (GiG) is pleased to announce the appointment of
Richard Carter as Platform & Sportsbook CEO. The appointment will secure a
strong and experienced leader for its Platform & Sportsbook division ahead of
the planned split of the Company into two separate companies.

GiG initiated a strategic review earlier this year with the intention to split
the Company into two separate companies, in order to fully optimise growth
opportunities and ensure each business can benefit from the strategic and
financial flexibility of their distinctive business models. The split will form
two industry leading businesses with the potential to grow faster than in the
current corporate structure.

Mr Carter has strong experience from the iGaming industry, being CEO of SBTech
for close to five years where he led the company's merger with digital sports
entertainment and gaming company DraftKings through a three-way deal with
Diamond Eagle Acquisition Corp in April 2020 and recently as CEO of Bragg
Oslo Børs

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