GiG Appoints Phil Richards as CFO for Platform & Sportsbook

Gaming Innovation Group (GiG) has recruited Phil Richards as Chief Financial Officer (CFO) for Platform & Sportsbook in a calculated attempt to strengthen its management team. This appointment is in line with GiG’s continuous initiatives, spearheaded by CEO Richard Carter, to strengthen its senior leadership.

Richards, who has held important financial positions in the iGaming, cybersecurity, and accountancy industries, adds a lot of knowledge to GiG. His stellar career history includes positions at Kambi, Shell, and KPMG. He most recently held the role of CFO at Corero Network Security plc. He has a strong foundation in both online sports betting and financial management, which gives him the ability to lead GiG Platform & Sportsbook’s operational discipline and achieve strong financial success.

In his new role, Richards will oversee the finance department’s evolution and support the company’s broader strategic initiatives, such as mergers and acquisitions, investor relations, and market development. Notably, he will play a crucial part as Platform & Sportsbook prepares for its Nasdaq Stockholm listing.

Driving Growth and Innovation

GiG’s latest executive appointment is part of a broader strategy to accelerate growth and enhance product and technological capabilities. The company’s innovative AI-driven solutions aim to boost player acquisition and retention, supporting over 60 brands in complex markets worldwide. GiG’s offerings, including the X-Suite Platform CoreX, Sportsbook SportX, and AI features DataX and LogicX, have significantly increased market interest. These technologies provide secure, scalable, and user-centric end-to-end features designed to maximize operator growth opportunities.

Richard Carter, CEO of Platform & Sportsbook at GiG, expressed confidence in Richards’ impact: “Phil’s appointment is another significant step towards helping us reach the high bar we have set for the business. We are completing a process of bringing together the strongest leadership in sports betting and iGaming, and I am confident that his arrival will help further fuel our strategic plans, establishing us as a leader across the iGaming industry.”

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Richards himself is enthusiastic about joining GiG at this pivotal time: “I am delighted to be joining GiG at such a pivotal moment in the Company’s growth story. The strength of the product and market reach, coupled with a best-in-class management team, will enable the Company to rapidly expand and gain market share. Working alongside such an experienced executive team will allow me to further support the continued evolution of GiG’s Platform, cementing its position as the market leader for Operators globally.”

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