14 September, 2016

Reference is made to previous announcements from Gaming Innovation Group Inc. (GIG) regarding the Company's acquisition of the iGaming company Betit Holding Ltd. (Betit) and the acquisition of the 10% minority interest in GIG’s subsidiary iGaming Cloud Ltd.

The Malta Gaming Authority has approved GIG’s acquisition of Betit, and GIG now awaits final approval from Oslo Børs of an Information Memorandum pursuant to and in accordance with the Norwegian Securities Trading Act section 7‐3, cf. section 7‐5 no. 7. Such approval is expected this week, and the new GIG shares to sellers of Betit and the 10% in iGaming Cloud will be issued thereafter.

The B2B services, including GIG Core (online gaming platform), and GIG Sports (proprietary sportsbook), are licensed and regulated by the Malta Gaming Authority (licence number: MGA/CRP/330/2016 issued on the 1st August 2018) and the UK Gambling Commission (44073).

The licences are held by iGamingCloud Limited (Company Reg. No. C48466 of @GIG Beach, Triq id-Dragunara, St. Julians, STJ3148, Malta.)

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