{"id":10332,"date":"2025-08-01T12:39:10","date_gmt":"2025-08-01T11:39:10","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=10332"},"modified":"2025-08-01T12:39:15","modified_gmt":"2025-08-01T11:39:15","slug":"gig-reports-revenue-growth-in-q2-2025","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2025\/08\/01\/gig-reports-revenue-growth-in-q2-2025\/","title":{"rendered":"\u200b\u200bGiG Reports Revenue Growth in Q2 2025"},"content":{"rendered":"\n<p><strong>GiG (Gaming Innovation Group)<\/strong> has delivered strong financial results for the second quarter of 2025. The B2B solutions provider for the online gaming industry recorded a <strong>27% year-on-year increase in revenue<\/strong> and returned to profitability.<\/p>\n\n\n\n<p>Over the three months, GiG generated <strong>\u20ac9.3 million<\/strong> in revenue, compared to <strong>\u20ac7.3 million<\/strong> in the same quarter of 2024. <strong>EBITDA reached \u20ac1 million<\/strong>, marking a significant turnaround from a <strong>\u20ac1.8 million loss<\/strong> a year earlier.<\/p>\n\n\n\n<p>Operating losses (EBIT) also decreased, from <strong>\u20ac6.8 million<\/strong> to <strong>\u20ac3.7 million<\/strong>. As of the end of June, the company held <strong>\u20ac4.3 million<\/strong> in cash, not including an additional <strong>\u20ac4.7 million<\/strong> raised through a private share placement in July.<\/p>\n\n\n\n<p>\u201cI am pleased to report continued strong growth throughout the quarter,\u201d said GiG CEO <strong>Richard Carter<\/strong>.&nbsp;<\/p>\n\n\n\n<p>\u201cIt was driven by successful new launches and a solid underlying performance by our existing client base. We look forward to maintaining this positive financial and operational momentum through the remainder of 2025 and beyond.\u201d<\/p>\n\n\n\n<p>In addition to financial gains, GiG continued expanding its global presence with <strong>three new platform launches<\/strong>, including one in the <strong>Philippines<\/strong> \u2013 a key market in Asia. The company signed three new Heads of Terms agreements and four managed services deals, furthering its long-term growth strategy.<\/p>\n\n\n\n<p>This strategy has been reinforced by new partnerships in the payments and iGaming space. In <strong>October 2024<\/strong>, GiG partnered with <strong>Paysafe<\/strong>, integrating its full suite of payment solutions \u2013 including <strong>Skrill, NETELLER<\/strong>, and over 30 localized options \u2013 into the <strong>CoreX platform<\/strong>, allowing for smoother transactions for operators across the UK, Europe, North America, and Latin America.<\/p>\n\n\n\n<p>In <strong>January 2025<\/strong>, GiG entered a strategic partnership with <strong>Nuvei<\/strong>, gaining direct access to <strong>720 global payment methods <\/strong>through CoreX, further enhancing the company\u2019s omnichannel payment capabilities.<\/p>\n\n\n\n<p>On the domestic front, GiG partnered with <strong>The Football Pools<\/strong> to relaunch the British brand\u2019s sportsbook and online casino using the complete <strong>X-Suite<\/strong> solution. This marked the first rollout of<strong> X-Suite in the UK<\/strong> and was a significant milestone for GiG\u2019s ambitions in its home market.<\/p>\n\n\n\n<p>Additionally, GiG continued to grow its <strong>SweepX<\/strong> social casino product, securing <strong>three new deals<\/strong> in the first half of 2025.<\/p>\n\n\n\n<p>GiG\u2019s management confirmed the company remains focused on increasing EBITDA, strengthening its balance sheet, and delivering sustainable growth across regulated markets worldwide.<\/p>\n\n\n\n<p>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GiG (Gaming Innovation Group) has delivered strong financial results for the second quarter of 2025. The B2B solutions provider for the online gaming industry recorded a 27% year-on-year increase in revenue and returned to profitability. Over the three months, GiG generated \u20ac9.3 million in revenue, compared to \u20ac7.3 million in the same quarter of 2024. [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1],"tags":[3553,2459,1576,8482],"class_list":["post-10332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","tag-financial-report","tag-gaming-innovation-group","tag-gig","tag-richard-carter"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u200b\u200bGiG Reports Revenue Growth in Q2 2025 - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"GiG has delivered strong financial results for the second quarter of 2025.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2025\/08\/01\/gig-reports-revenue-growth-in-q2-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u200b\u200bGiG Reports Revenue Growth in Q2 2025 - 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