Gaming Innovation Group Inc. has today been notified of the ruling by Bergen City Court in the dispute against Euro TV AS. The court has concluded that GiG shall transfer 3.4 million shares to Euro TV AS on the basis of an alleged oral agreement between the parties 30 April 2015. GiG disagrees with the court's ruling and will now assess whether to appeal the judgement together with its legal advisers. Please see note 29 in GiGs annual account 2017 for further information about the dispute.
For further information, please contact:
Helge Nielsen, Board member, +47 92054487, [email protected]
About Gaming Innovation Group (GiG):
Gaming Innovation Group Inc. is a technology company providing products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group's vision is 'To open up iGaming and make it fair and fun for all'. Through its ecosystem of products and services, it is connecting operators, suppliers and users, to create the best iGaming experiences in the world. Gaming Innovation Group operates out of Malta and is listed on the Oslo Stock Exchange under the ticker symbol GIG.
For more information about GiG and our services also see: www.gig.com