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 €9.3 million in revenue, compared to €7.3 million in the same quarter of 2024. EBITDA reached €1 million, marking a significant turnaround from a €1.8 million loss a year earlier.

Operating losses (EBIT) also decreased, from €6.8 million to €3.7 million. As of the end of June, the company held €4.3 million in cash, not including an additional €4.7 million raised through a private share placement in July.

“I am pleased to report continued strong growth throughout the quarter,” said GiG CEO Richard Carter. 

“It 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.”

In addition to financial gains, GiG continued expanding its global presence with three new platform launches, including one in the Philippines – 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.

This strategy has been reinforced by new partnerships in the payments and iGaming space. In October 2024, GiG partnered with Paysafe, integrating its full suite of payment solutions – including Skrill, NETELLER, and over 30 localized options – into the CoreX platform, allowing for smoother transactions for operators across the UK, Europe, North America, and Latin America.

In January 2025, GiG entered a strategic partnership with Nuvei, gaining direct access to 720 global payment methods through CoreX, further enhancing the company’s omnichannel payment capabilities.

On the domestic front, GiG partnered with The Football Pools to relaunch the British brand’s sportsbook and online casino using the complete X-Suite solution. This marked the first rollout of X-Suite in the UK and was a significant milestone for GiG’s ambitions in its home market.

Additionally, GiG continued to grow its SweepX social casino product, securing three new deals in the first half of 2025.

GiG’s management confirmed the company remains focused on increasing EBITDA, strengthening its balance sheet, and delivering sustainable growth across regulated markets worldwide.

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