Gaming Innovation Group Inc. (GiG) reports Q4 2023 revenues* of  Euro 35.6
million,
up 37% YoY.

"I am delighted to share with you the continued strong performance of our
company during the fourth quarter of 2023. The positive momentum continued, with
revenues soaring to  Euro 35.6 million, representing a solid 37% year-over-year
increase and marks the twelfth consecutive quarter of record-breaking revenue,
showcasing the resilience and strength of our business. Both GiG Media and
Platform & Sportsbook are well positioned to provide shareholder value from 2024
as standalone businesses", says Petter Nylander, Chairman of GiG.

Highlights

  · Gaming Innovation Group achieved all-time high revenues* in Q4 2023 of
 Euro 35.6m (26.0), an increase of 37% YoY, whereof 20% organic
  · Adjusted for one-offs and split related costs, underlying EBITDA was  Euro
14.2
million, up 32%.
  · Revenues in GiG Media at all-time high of  Euro 26.5m (17.8), an increase of
49%
(24% organic)
  · Revenues* for Platform & Sportsbook were  Euro 9.1m (8.2), an increase of
11%
  · GiG Media has gone from strength to strength throughout 2023, with strong
organic growth and successful integration of AskGamblers into the business.
  · Platform business substantially strengthened in 2023, with a more
experienced management team and a well-received new product offering in the
market
  · Both businesses are well positioned to provide shareholder value from 2024
as stand alone businesses
  · Bond refinancing completed in the quarter creating stability for the Company
going forward
  · Making notable strides in the strategic review, anticipating the execution
of the Platform and Media split by the end of Q2-24.

*Revenues are adjusted for revenues from a platform client where GiG recognizes
the full operations in its profit and loss statement, which are partly offset by
related cost of sales and site overheads. See Note 3 in the Q4-2023 Interim
Report for more details.

Investor presentation and webcast

Chairman of the Board, Petter Nylander will host a presentation of the Q4 2023
results via livestream at 10:00 CET with Jonas Warrer, CEO Media and Group CEO,
and Richard Carter, CEO Platform & Sportsbook, attending. The presentation will
be followed by a Q&A-session, and investors, analysts and journalists are
welcome to participate. The presentation will be given in English.

Link to the livestream:
https://www.redeye.se/events/973059/live-q-gaming-innovation-group-7

For further information, contact:
Jonas Warrer, CEO Media and Group CEO, jonas.warrer@gig.com, +45 30788450
Richard Carter, CEO Platform & Sportsbook, richard.carter@gig.com, +44 968753750
Tore Formo, Group CFO, tore@gig.com +47 91668678

This information is information that Gaming Innovation Group Inc. (GiG) is
obliged to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of the contact
person set out above, at 08:00 CET on 14 February 2024.

About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry leading platform, sportsbook
and media provider delivering world class solutions to our iGaming partners and
their customers. GiG's mission is to drive sustainable growth and profitability
of our partners through product innovation, scalable technology and quality of
service. Gaming Innovation Group operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK. www.gig.com

Legal disclaimer
Gaming Innovation Group Inc. gives forecasts. Certain statements in the report
are forward-looking and the actual outcomes may be materially different. In
addition to the factors discussed, other factors could have an impact on actual
outcomes. Such factors include developments for customers, competitors, the
impact of economic and market conditions, national and international legislation
and regulations, fiscal regulations, the effectiveness of copyright for computer
systems, technological developments, fluctuation in exchange rates, interest
rates and political risks.