GiG Software Parts Ways with Finance Director Phil Richards

Gaming Innovation Group, known as GiG Software, a prominent company in B2B iGaming technology, has announced that it has parted ways with finance director Phil Richards. The separation will take effect on 2 November. Richards will continue to help during the handover process to ensure a smooth transition.

Company General Manager Richard Carter said Richards played an important role in financial reporting, investor relations and corporate development. Richards, in a lengthy post on his LinkedIn account, said he had worked at the company for about two and a half years, during a period of significant change that included the IPO process, and that he helped strengthen the company's focus and the quality of its platform. His efforts led to GiG Software's recent acquisition of a majority stake in 888Africa.

Richards will join Chaos, a company developing technology for architecture, engineering, construction, product design, manufacturing, and media and entertainment, as its new finance director on 1 December. Richards said Chaos is in a "very exciting growth phase." GiG Software said it is searching for a replacement for Richards and will provide an update soon.

Separately, GiG Software also released its third quarter 2026 financial results. The report showed a slight decline in revenue and an increase in net loss.