GiG Appoints Phil Richards as Chief Financial Officer for Platform and Sports Betting Division
GiGs senior leadership team has been bolstered with the arrival of Phil Richards.
Richards has been named Chief Financial Officer for the Platform and Sports Betting division.
Richards brings a vast amount of experience in financial planning within the online gambling, cybersecurity, and accounting sectors. He has held top leadership positions at prominent companies such as Kambi, Shell, and KPMG. Most recently, he served as the CFO of AIM-listed cybersecurity specialist Corero Network Security plc.
This appointment will bring a wide range of financial knowledge and online sports betting expertise to the CFO position for GiG Platform and Sports Betting. Richards has a proven history of delivering strong financial results and establishing solid financial and operational practices within organizations.
Richards will be in charge of the evolution of the finance department, as well as supporting the development of the broader business strategy, including mergers and acquisitions, investor relations, and market expansion. This is all in preparation for the listing of Platform and Sports Betting on Nasdaq Stockholm in connection with the separation from GiG.
This recent strategic hiring will aid Platform and Sportsbook in speeding up its bold expansion plans as the company continues to invest in its product and technological abilities to provide more captivating, comprehensive product features to its worldwide target markets, including its new social sweepstakes casino solution, SweepX.
GiG’s cutting-edge AI system, focused on achieving higher player acquisition and retention rates, currently powers over 60 brands in some of the most intricate markets globally. Interest in GiG’s X-Suite platform, which encompasses CoreX, Sportsbook SportX, and AI-powered features DataX and LogicX, has soared since its introduction. Utilizing the latest AI and data solutions, this groundbreaking new technology is built on secure, scalable, user-centered, end-to-end capabilities that maximize opportunities for operator growth.
Richard Carter, Chief Executive Officer of GiG Platform and Sportsbook, stated: “Phil’s appointment is another significant step in assisting us in attaining our business objectives. We are concluding a process of bringing together the most capable leaders in the sports betting and iGaming sector, and I believe his arrival will further propel our strategic plans, making us a frontrunner in the iGaming industry.”
Philip Richards, the top financial executive at GiG Platform and Sports Betting Company, stated: “I am thrilled to join GiG during this pivotal moment for the organization. The power of the product and its market presence, coupled with the exceptional leadership team, will enable the company to expand rapidly and capture a larger share of the market. Collaborating with such a seasoned group will allow me to further contribute to the ongoing expansion of the GiG platform, positioning it as a premier platform for global operators.”
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