Reading Time: 2 minutes
Gaming Innovation Group Inc. is proud to announce Richard Carter’s appointment as Platform and Sportsbook Chief Executive Officer. This appointment will ensure that the Platform and Sportsbook Division has a leader with experience and strength ahead of its planned split into two separate companies.
GiG began a strategic review in the first half of this year, with the intent to split into two companies. This was done to maximize growth opportunities and to ensure that each business could benefit from their distinct business models’ flexibility on a financial and strategic level. The split will create two leading companies in their respective industries with the potential to expand faster than the current corporate structure.
Mr Carter is a veteran of the iGaming sector. He was CEO of SBTech, a Nasdaq-listed online casino platform and gaming provider for five years. Mr Carter has gained a deep understanding of GiG’s core markets, and the industry’s needs. He was Director of Research for Deutsche Bank before joining SBTech.
After a thorough evaluation and selection, Mr Carter was selected to lead GiG’s Platform and Sportsbook division into the future. Mr Carter is an accomplished and inspiring leader who brings with him a wealth and proven track-record of operational execution, driving profitable growth and a vast knowledge of the online gaming industry. Mr Carter will be joining GiG in September 2023.
Mr Carter will be responsible for the positioning of GiG’s Platform and Sportsbook division in the global, regulated iGaming market, building on the strong position GiG already has as a supplier of its proprietary technology via Software-as-a-Service solutions to more than 40 clients in 35+ markets. Carter’s other task will be to transform the division into an independent, publicly-listed SaaS firm, aligning technology, people, product and process development, in order to drive innovation across all verticals.
Richard Carter said: “I’m delighted to be appointed Platform and Sportsbook Chief Executive Officer of GiG, at this exciting time in its development. The GiG Platform, with its data-driven proprietary technology platform and sector-leading regulated market coverage, is well positioned to continue its strong growth momentum.
“I am eager to start and look forward to working with GiG Platform and Sportsbook Team, building on our strong progress so far, and helping to unlock and extract the potential of an independent GiG platform over time.”
Petter Nylander commented that Richard Carter would join GiG in Q3, 2023 as Platform and Sportsbook’s CEO. Richard Carter’s success as the CEO of SBTech has been a factor in the Board’s decision. He has also shown a deep understanding of GiG, its business, and opportunities.
