GiG Confirms Acquisition of Casinomeister!
Gaming Innovation Group (GiG) has announced the strategic acquisition of online casino forum and review platform Casinomeister for €3.0m (£2.6m/$3.3m).
GiG, which expects to close the Casinomeister acquisition this month, says the deal will have an immediate positive financial impact. This, GiG adds, is set to increase going forward when fully implemented into GiG Media’s operations.
Under the agreement, Casinomeister will continue to operate under its current brand within the GiG Media portfolio. Casinomeister has been active for more than 25 years, with GiG saying the acquisition will further diversify its business.
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GiG added that it will leverage the synergies between GiG Media and Casinomeister, with the aim of achieving similar developments seen with AskGamblers after its acquisition.
The group purchased AskGamblers in February 2023 and also acquired KaFe Rocks at the end of last year. By taking on Casinomeister, GiG says this further solidifies GiG Media’s commitment to improving transparency and player services in igaming.
“Casinomeister’s renowned dedication to fair play and community support perfectly aligns with our recent acquisition of Askgamblers.com, Together, these platforms will enhance our market reach and optimise the complaint resolution services we provide to the community, reinforcing our position at the forefront of player advocacy.” GiG CEO Jonas Warrer said.
Casinomeister founder Bryan Baily added: “This business has been my passion, starting as a hobby website in 1998 and growing into what it is today. I’ve dedicated 26 years to building this business, and now it’s time to pass the reins to a new, dynamic team who can lead it into the future. I am entrusting this to the most capable team in the industry to continue its mission of advocating for fair play. I have a long history with GiG Media, and I am confident that they will maintain the values and principles that Casinomeister stands for, ensuring a smooth transition and a bright future for the online gaming community.”
About GiG!
Gaming Innovation Group is an award-winning iGaming platform and sportsbook provider supplying industry-leading solutions to our partners and their players. GiG specializes in helping online and land-based operators expand their iGaming and sports betting business on a global scale, focusing on innovation and customisation to power localised customer experiences and intimate user journeys. As a regulated markets specialist, we offer compliant entry into 36+ complex regulated markets around the world.