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Gaming Innovation Group: If one becomes two - ABG

GiG to potentially be split
We look closer at each division, and industry peers
43% '22e-'25e adj. EBITA CAGR at 8x '23e EV/adj. EBITA


Strategic review to consider splitting the Group

In February GiG's Board announced that it would undertake a strategic review with the intention of separating the Group into two independent publicly-listed companies. If the plan is approved, GIG would be split into two main business segments: Media Services and Platform & Sportsbook. With this report we take a bit closer look at each division ahead of the likely spin-off.
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