Giga Media announce growth
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Giga Media are one of the leading online software providers for the gaming market. They design, marketing and maintain their products for some of the industrys biggest online gaming operators. Giga Media have recently announced a impressive rise in profits for their second quarter. Revenues rose 31 % to $52.5 million with operating profits rising to $11.9 million demonstrating the growth of the company.
The Hong Kong based company created the everestpoker.com site and have several large online operator clients.
Arthur Wang, Chief Executive Officer for Giga Media said, ‘We delivered solid results in the second quarter despite a difficult operating environment,’
Looking forward, EverestPoker.com’s sponsorship of the World Series of Poker, ever stronger casino software results and new game launches in Asia should ensure strong growth and momentum in the second half. In addition, our new Everest Sports betting offering will launch in the fourth quarter and drive growth from the strong crossover and tie between poker players and sports bettors.
‘Our new partnership with Electronic Arts to run NBA Street online in China consolidates our position as the top sports game operator,’ said Thomas Hui, President for Giga Media.
Giga Media provide software to some of industries best gambling sites and will be looking to continue their impressive growth in the next quarter.