New Shares

15 September, 2016

Gaming Innovation Group Inc. ("GIG") has today issued 210,000,000 new shares of its common stock in Connection with the acquisition of Betit Holdings Ltd. and the acquisition of the 10% minority interest in iGaming Cloud Ltd.

Gaming Innovation Group Inc. confirms that the new shares have been duly authorized by all necessary corporate action and that the new shares have been fully paid and validly issued. The Company's share capital has increased from USD 60,855,626.60 to USD 81,855,626.60, and the number of outstanding shares has increased from 608,556,266  to 818,556,266 (par value USD 0.10). The new shares are issued by the board of directors under the Company's 950,000,000 authorized shares. 

GIG's holding of 7,965,000 treasury shares will as a consequence of the above be reduced from 1.31% to 0.97% of the new number of outstanding shares.

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.)

©2019-2021 Gaming Innovation Group. All rights reserved | Company Registration Number: C44319