Gaming Innovation Group Inc. (GIG) and its subsidiary Innovation Labs have agreed to acquire thehighly regarded affiliate website Casinotopsonline.com for a consideration of EUR 11.5 million. This is Innovation Labs’ largest acquisition to date and will significantly strengthen its position as a leading affiliate in Europe.

Through development, growth and integration of the Company’s four business areas, Gaming Innovation Group’s vision is to make the iGaming industry an open and connected eco-system for the benefit of all. This acquisition is a part of this strategy.

Expected increase of First-Time-Depositors by around 25,000

The acquisition includes the website Casinotopsonline.com and all related assets. Current yearly revenue run-rate of the acquired assets is approximately EUR 3 million, with an EBIT margin in excess of 90 per cent.