ISWI subsidiary extended its agreement with Sportingbet
The financial terms of the previous agreement regarding GIG’s fees, which specified that GIG’s monthly revenue would be determined by the greater of a revenue share percentage and a minimum monthly guarantee, are unchanged and will remain in effect for the duration of the extended agreement.
In addition, Sportingbet has agreed to provide to GIG, in a series of four quarterly payments, an advance payment of a portion of the next three years’ monthly minimums. The companies have agreed to a schedule of credits to be provided by GIG to Sportingbet applicable to future monthly service invoices to offset the advance payments.
As a part of this agreement, ISWI has issued to Sportingbet a 5-year warrant to purchase 500,000 shares of ISWI common stock at a price of us$ 0.50.
Google Ads updates gambling policy to allow Alberta operators ahead of regulated iGaming launch
Pragmatic Play launches new slot game ‘Mr Null’s Wicked Wares’ with up to 5,000x wins
Flutter boosts prediction market spending despite Q1 profit slump, cuts 2026 outlook
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Sportsbook integration: Deploying betting widgets at scale
Flows secures Pennsylvania Gaming Control Board authorisation
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
