Reed exits as chief executive of GiG

Reed exits as chief executive of GiG

Robin Reed has stepped down as chief executive of Gaming Innovation Group (GiG) with immediate effect.

Published 6th September 2019

Reed has served as CEO of the operator and supplier since 2009 but will now depart, with chief operating officer, Richard Brown, being appointed as his temporary replacement.

Brown will now assume the title of acting CEO, with GiG to undertake a search to identify a permanent replacement for Reed.

“Robin has played a crucial part in building a unique one-stop global technology provider and we all owe him our sincere gratitude for this,” GiG chairman Petter Nylander said.

“However, the company now enters into the next phase of its development with different challenges and opportunities and the Board has reached the conclusion that GiG therefore also needs a different leadership.

“We have a skilled management team in place, I and the board have full confidence in Richard Brown who will be acting CEO of GiG from today.”

Nylander will now increase his engagement to take a more active role in GiG to support the succession process and the management team both strategically and operationally.

He said: “The strategy of GiG remains unchanged; to be the global operator and partner for strong brands in iGaming, with a sweetspot in taking an offline casino brand to a strong online offering, as we have with SkyCity and Hard Rock.

“We are focusing on securing potential contracts within the B2B Platform services and on servicing our many customers with fully managed and component solutions.

“We will continue the development of the Media services and the sportsbook, not least to leverage GiG’s opportunities in the US. We will also continue driving the B2C Gaming operators with a focus on growth in new markets.”