Gaming Innovation Group: Scaling Up
Redeye raises the fair value of GiG on the back of an impressive customer intake and a strong start of 2021. In the fourth quarter, the FTD numbers increased by 36% Y/Y for the Media Services, and four new agreements were signed for the Platform Services. The new year started strong in January with revenue growth of 40%, FTD growth of 57%, and a US deal. All in all, we believe GiG is in for an exciting 2021 with strong growth and improving profitability.