SectorWire
SearchGet the daily briefing
Menu

ITV plans UK online slots and bingo launch with Richmond Atlantic

Deals & M&A

ITV plans to launch real-money online slots and bingo in the UK in January through a partnership with Richmond Atlantic, using technology from GiG, according to reports. Richmond will oversee licensing and compliance, while GiG supplies the platform and Pragmatic Play delivers bingo; the five-year profit-sharing arrangement followed a competitive tender.

The launch creates a new UK gambling operation involving ITV, a licensed partner and named platform and bingo suppliers.

Connections

Request a correction

Keep reading

Results

GiG reports €5.22m first-quarter loss as it shifts clients to CoreX

Gaming Innovation Group reported a €5.22m after-tax loss for the first quarter, with revenue of €9m and adjusted core earnings of €200,000. The company said it is targeting €4.5m in annual cost reductions and moving clients from Alira to its CoreX platform. GiG maintained full-year revenue guidance of €44m to €48m and forecast core earnings of up to €13m.

Continue reading