GiG Appoints Experienced Financial Leader as CFO

GiGs leadership team has been strengthened with the addition of Phil Richards.

Richards, a veteran financial professional with extensive experience in online gaming, digital security, and financial management, has been appointed Chief Financial Officer of Platform and Sports Betting. He brings a wealth of knowledge from his previous positions at Kambi and prominent companies like Shell and KPMG, most recently serving as CFO of AIM-listed cybersecurity specialist Corero Network Security plc. This appointment provides GiG with a robust financial foundation and expertise in online sports betting.

Richards will be responsible for the growth of the finance department and will contribute to the broader strategic growth of the company, including mergers and acquisitions, investor relations, and market expansion. He will play a crucial role in the separation of GiG as Platform and Sports Betting is listed on Nasdaq Stockholm.

This recent strategic hiring will aid Platform & Sportsbook in speeding up its bold growth objectives. The company continues to invest in its product and technological capabilities to provide more captivating, comprehensive product features to its global target markets, including its new social sweepstakes casino solution, SweepX.

GiG’s cutting-edge, feature-rich AI technology currently supports over 60 brands in some of the most intricate markets worldwide, focusing on achieving higher player acquisition and retention rates. GiG has witnessed significant interest in its X-Suite platform CoreX, Sportsbook SportX, and AI-powered features DataX and LogicX. This groundbreaking new technology, driven by secure, scalable, user-centric end-to-end capabilities, maximizes operator growth opportunities with the latest AI and data solutions.

Richard Carter, Chief Executive Officer of GiG Platform & Sportsbook, stated: “Phil’s appointment is another crucial step in assisting us in attaining the high standards we have set for the business. We are finalizing a process of bringing together the most capable leaders in the sports betting and online gaming sector, and I believe his arrival will further propel our strategic plans to make us a leader in the online gaming industry.”

Philip Richards, the Chief Financial Officer of GiG Platform, a sports betting firm, expressed his excitement about joining the company at this pivotal juncture. He highlighted the potent product and extensive market presence, coupled with a highly skilled executive team, as key factors that will propel rapid growth and market share expansion. Richards emphasized that collaborating with such a talented team will empower him to further bolster the ongoing development of the GiG Platform, solidifying its standing as a premier provider for global operators.

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This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

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