Softswiss

Gaming Innovation Group (GiG) has promoted GiG Media CEO Jonas Warrer to acting group CEO effective from today (22 September).

This decision is part of GiG’s ongoing transformation aimed at splitting the business into two distinct entities: GiG Media and GiG Platform & Sportsbook.

Richard Brown, who last week stepped down from the CEO role, will continue to support the business in an advisory board position until 31 December 2023.

Warrer is currently CEO of GiG’s Media division and will now take on dual responsibilities, overseeing both GiG Media and the broader group operations until the restructuring process is finalised.

In August, ex-SBTech CEO Richard Carter was announced as the incoming CEO of GiG’s Platform and Sportsbook business.

Commenting on Warrer’s appointment, GiG executive chairman Petter Nylander said: “We are very pleased to appoint Jonas as acting CEO through the process of splitting GiG into two distinct entities to enhance future expansion and drive shareholder value, in addition to his role as head of GiG Media.

“He has long experience within GiG and the industry and has been part of GiG’s executive management for four years.”

Warrer’s journey with GiG began in September 2017, when the company acquired Rebel Penguin Aps, a venture he founded and managed.

Over the years Warrer, who also serves as GiG CMO, has demonstrated his leadership prowess, notably as the managing director of GiG Media since October 2019.

Under his guidance, GiG Media has witnessed robust growth and expansion.

In Q2 2023, the division generated revenue of €21.7m, marking a 47% increase compared to the same period in 2022.