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Gaming Innovation Group (GiG) has appointed Phil Richards as its new Chief Financial Officer (CFO) for Platform & Sportsbook.
Richards’ experience has come from the iGaming, cybersecurity and accounting sectors, having worked for the likes of Kambi, Corero Network Security, Shell and KPMG, with a background in finance.
In this new role for GiG, he will oversee the finance department and will also support the wider business concerning areas such as M&A, investor relations and market development.
The appointment of Richards comes as the platform and sportsbook segment looks to grow, with GiG continuing to invest in its product and technological capabilities.
GiG CEO for Platform & Sportsbook Richard Carter said: “Phil’s appointment is another significant step towards helping us reach the high bar we have set for the business.
“We are completing a process of bringing together the strongest leadership in sports betting and iGaming, and I am confident that his arrival will help further fuel our strategic plans, establishing us as a leader across the iGaming industry”
Richards himself added: “I am delighted to be joining GiG at such a pivotal moment in the Company’s growth story. The strength of the product and market reach, coupled with a best-in-class management team will enable the Company to rapidly expand and gain market share.
“Working alongside such an experienced executive team will allow me to further support the continued evolution of GiG’s platform.”
In other company news, GiG recently launched its new social sweepstakes casino platform, SweepX, in collaboration with land-based sweepstakes operator Primero Games.
