Gaming Innovation Group (GiG) has released its earnings for the fourth quarter of 2023, showcasing growth across various segments. The company attributed its robust performance from October to December to a sound business strategy, according to the organization's press release.
GiG's revenue reached €35.6 million, marking the highest quarterly revenue ever recorded by the company. This figure reflects a 37% increase compared to the same period in 2022 when revenue stood at €26 million. The company highlighted that 20% of the revenue was generated through organic promotion.
EBITDA for the period amounted to €14.2 million, representing a 32% increase compared to the corresponding period the previous year. Several divisions within the organization, including GiG Media and the bookmaker, reported revenue increases of €26.5 million and €9.1 million, respectively.
