Gaming Innovation Group (GiG) has posted a confident Q2 2025, achieving robust year-on-year growth and returning to profitability, driven by a steady performance across its platform clients and key strategic launches.
For the quarter ending 30 June, the B2B iGaming tech provider reported €9.3 million in revenue, up from €7.3 million in Q2 2024 — a 27% increase. The quarter also saw EBITDA rise to €1 million, a major swing from the €1.8 million loss posted the previous year.
EBIT losses narrowed significantly from €6.8 million in Q2 2024 to €3.7 million this year, as GiG continues to sharpen its operational efficiency and capital allocation. The business closed the quarter with €4.3 million in cash, not including an additional €4.7 million raised in July via a directed share issue. 
CEO Richard Carter: Steady Growth and New Launches
“I am pleased to report continued strong growth throughout the quarter, underpinned by successful launches and a solid underlying performance by our established current customer base,” said Richard Carter, CEO of GiG.
“We look forward to continuing this positive financial and operational momentum across the remainder of 2025 and beyond.”
Expanding the Global Footprint
The second quarter was also notable for GiG’s global growth efforts, with three new platform launches, including a major move into the Philippines, a strategically important Asian market.
GiG also signed:
- Three new Heads of Terms
- Four new managed services agreements
This momentum supports GiG’s long-term strategy to expand in regulated markets and diversify its customer base.
Key to this strategy are its omnichannel payment integrations:
- An October 2024 deal with Paysafe brought Skrill, NETELLER, and 30+ localised payment methods to GiG’s CoreX platform.
- In January 2025, a strategic partnership with Nuvei introduced access to 720 global payment methods, enhancing GiG’s transaction capabilities across multiple continents.
Strengthening in the UK and Social Casino
Closer to home, GiG partnered with The Football Pools to relaunch the brand’s UK sportsbook and online casino, deploying its full X-Suite in its first rollout within the British market — a key milestone in the company’s domestic ambitions.
Meanwhile, SweepX, GiG’s social casino platform, also gained traction with three new partnership deals signed in early 2025.
Looking Ahead
GiG’s leadership has reiterated its commitment to EBITDA growth, financial discipline, and scalable global expansion through the remainder of 2025.
