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MJ Foundation Increases Stake in Gentoo Media

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MJ Foundation Increases Stake in Gentoo Media

Gaming Innovation Group ( (GIGI) ) just unveiled an announcement.

MJ Foundation Fundacja Rodzinna, associated with Mateusz Juroszek, a board member of Gentoo Media, has acquired 53,654 shares in Gentoo Media at an average price of SEK 21.09 per share. This transaction increases Juroszek’s close associates’ total holdings to 24,987,905 shares, underscoring a significant stake and potential influence in the company.

More about Gaming Innovation Group

Gentoo Media is a leading affiliate in the online gambling and sports betting industry, offering iGaming affiliate solutions such as paid marketing expertise and quality traffic through prominent industry sites like AskGamblers, Time2Play, CasinoTopsOnline, WSN, and Casinomeister. It also provides SEO and content services through its subsidiary Titan Inc. In 2024, Gentoo Media emerged as an independent entity following a split from Gaming Innovation Group, and is listed on the Oslo Stock Exchange and Nasdaq Stockholm.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $270.6M

Learn more about GIGI stock on TipRanks’ Stock Analysis page.

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