Richard Brown Announces His Departure as CEO of GIG at the End of 2023

Posted On: May 30, 2023

Richard Brown Announces His Departure as CEO of GIG at the End of 2023

GIG, a leading iGaming provider, has announced that Richard Brown, its CEO, will be stepping down by the end of 2023. The Board of Directors stated that Richard has been a key part of GIG’s success throughout his eight-year tenure, and that their decision to reach the end of the partnership was mutually agreed upon.

Chairman of the Board of Directors Petter Nylander praised Richard’s invaluable contributions to GIG, remarking that the company is now in a strong position to increase shareholder appreciation. Richard Brown expressed his enthusiasm for the journey and success of GIG, and the remarkable team of experts he had the privilege of working with.

In February, the Board decided to undertake a strategic review with the goal of dividing GIG into two distinct groups: GIG Media and Platform & Sportsbook. The review is going well, and the Board expects to have GIG Media’s senior management take over the operations. Meanwhile, the Platform & Sportsbook division is actively seeking a new CEO.

Richard Brown’s departure from GIG marks the end of a long and successful partnership, and the Board of Directors is confident in the team’s abilities to continue driving the company’s objectives. They are grateful for his contribution and dedication over the years and wish him the best of luck in his future endeavors.