- Business
- GiG Software PLC (GIG-SDB.ST) operates as a leading B2B iGaming technology provider, delivering scalable platform solutions, sportsbook products, and AI-driven services to online gaming operators worldwide; its flagship offerings include CoreX, a comprehensive iGaming platform for casino operations; SportX, an omnichannel sportsbook solution tailored for regulated markets; DataX, a real-time data and business intelligence platform; LogicX, an intelligent real-time rules engine with machine learning capabilities; SweepX, a social sweepstakes casino product featuring dual-wallet systems, prize-redemption management, and AI-assisted content tools; front-end development services; and managed services encompassing customer operations, CRM/marketing, and player safety initiatives. The company serves clients across Europe, North America, South America, and other international markets, enabling operators to launch and scale online casino, sports betting, and sweepstakes activities through its SaaS-based technology stack. Founded in 2024 and headquartered at GiG Beach, Triq id-Dragunara, St. Julian's, STJ 3148, Malta, GiG Software focuses on the casinos and gaming segment within the communication services industry, with approximately 393 employees under CEO Richard Carter. Recent developments include the extension of its key partnership with Betsson Group in November 2024 to deploy AI-enhanced technology like LogicX and DataX across new regulated markets such as Serbia, Germany, and Peru, building on their 2022 collaboration; a strategic payments alliance with Paysafe announced in October 2024, integrating the Paysafe Gateway as the endorsed solution for CoreX users in the UK, Europe, North America, and Latin America to support diverse local payment methods; securing a B2B supplier authorization in Peru in October 2024 to expand its regulated market footprint; launching SportX upgrades for UK partner Betzone in August 2025 and going live with PowerPlay in Ontario, Canada in March 2025; and signing seven new commercial agreements worth €16 million in Q4 2024, including the Betsson renewal, projected to drive a 34% increase in annual recurring revenue for 2025.