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GiG appoints Warrer as acting CEO following Brown’s exit

| By Robert Fletcher
Gaming Innovation Group (GiG) has appointed Jonas Warrer as acting group chief executive following the departure of Richard Brown last week.
GiG Media & Platform

Warrer has served as chief marketing officer at GiG since April of 2021. He was previously managing director of media and general manager, having joined in September 2017.

Prior to this, he served as CEO at Rebel Penguin and also worked in a number of positions for TDC.

Warrer takes on the role having agreed to serve as CEO of GiG Media when the business splits next year. Former SBTech CEO, Richard Carter, was last month appointed to lead the Platform and Sportsbook division.

GiG says it expects the proposed split to complete during the first half of next year.

“We are very pleased to appoint Jonas as acting CEO through the process of splitting GiG into two distinct entities to enhance future expansion and drive shareholder value, in addition to his role as head of GiG Media,” GiG executive chairman Petter Nylander said.

“He has long experience within GiG and the industry and has been part of GiG’s executive management for four years.”

Brown set for Glitnor Group after GiG departure

Brown’s exit was confirmed in May, shortly after details of the split were confirmed. He had been expected to remain in the role until the end of 2023 but last week it was revealed he had stepped down.

As part of his exit agreement, Brown will support the handover to Carter and support the GiG board until the end of the year. This, GiG says, will enable both new CEOs to take their respective business units forward with a full mandate.

GiG is moving to Glitnor Group as CEO in January 2024.

“GiG is in a tremendous position strategically and operationally,” Brown said last week. “With Jonas and Richard now in place to drive the business units towards further success, it is a good time for me to move to a supportive but non-operational role until the end of the year.”

New beginnings for GiG

GiG chose to pursue a split after it GiG launched a strategic review in February. The idea of splitting the business was the main focus of the review.

The split involves the GiG Media affiliate arm and Platform and Sportsbook divisions, becoming separate entities.

The GiG Media arm includes all GiG media offerings such as GiG’s affiliate lead generation services. Platform and Sportsbook covers technical igaming platforms including Sportnco, which GiG acquired for €51.3m (£43.2m/$56.7m) in April 2022.

Also included in the second division is front-end development and other managed services, such as player safety, customer operations and marketing.

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