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Phil Richards has been appointed as the Chief Financial Officer for GiG's platform and sports betting operations.

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Gaming Innovation Group (GiG) has appointed Phil Richards as the new Chief Financial Officer (CFO) for its platform and sports betting.

Richards' experience comes from online gaming, cybersecurity, and accounting, having worked at companies such as Kambi, Corero Network Security, Shell, and KPMG, with a financial background.

In his new role at GiG, he will be responsible for overseeing the finance department and will support broader business activities involving mergers and acquisitions, investor relations, and market development.

As GiG seeks growth in the platform and sports betting sectors, it continues to invest in its product and technological capabilities, with Richards' appointment being a part of this strategy.

GiG platform and sports betting CEO Richard Carter stated: "Phil's appointment is another important step in helping us achieve the high standards set for our business.  

"We are completing the process of assembling the strongest leadership team in the sports betting and iGaming sectors, and I believe his arrival will further drive our strategic plans, making us leaders in the iGaming industry"

Richards himself added: "I am thrilled to join GiG at a critical moment in the company's development. Strong product and market coverage, coupled with a first-class management team, will enable the company to expand rapidly and gain market share."  

"Working with such an experienced executive team will allow me to further support the ongoing development of the GiG platform."

In other company news, GiG has recently partnered with land-based lottery operator Primero Games to launch its new social lottery casino platform, SweepX.

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