Gaming Innovation Group (GiG) has appointed Richard Carter as its new Platform & Sportsbook CEO, ahead of the anticipated plans to split the company into separate divisions.
Announced in a statement on 15 February earlier this year, the split would see GiG form two separate companies.
These would be its media services, including lead generation and media publishing, as well as its platform and sportsbook.
Prior to his appointment as the new Platform & Sportsbook CEO, Carter was the Chairman and later the CEO of Bragg Gaming.
He was also the CEO of SBTech, where he led the company’s merger with DraftKings in 2020.
Petter Nylander, GiG’s Chairman of the Board, said: “We are very pleased and excited to announce that Richard Carter will join GiG as Platform & Sportsbook CEO during Q3, 2023.
“The Board believes Richard Carter has the relevant experience, given his success as CEO of SBTech and has shown an impressive and deep understanding of the GiG business, its opportunities and provided thoughtful strategic considerations on how to build on the recent success of the business and drive shareholder value.”
As the Platform & Sportsbook CEO, Carter will be responsible for overseeing the division as it transforms into a publicly-listed Software as a Service (SaaS) company.
On his appointment, Carter said: “I am delighted to become the Platform & Sportsbook CEO of GiG at such an exciting time in the Group’s development.
“With its outstanding data-led proprietary technology platform, sector-leading regulated market coverage and diverse product portfolio, the GiG Platform is exceptionally well positioned to maintain its recent strong growth momentum.
“I can’t wait to get started and am very much looking forward to working with the GiG Platform & Sportsbook team, building on the strong progress to date, and over time helping to unleash and extract the full potential of a standalone GiG platform.”
Also ahead of the split, GiG launched its new Rizk casino brand in Germany with Betsson.
