GiG CFO Phil Richards exits after two-and-a-half years; joins Chaos in December
Richards left GiG in October and will start as Chaos CFO on 1 December 2026.
Key Takeaways
- Phil Richards left Gaming Innovation Group in October after two-and-a-half years as CFO.
- He announced his departure in a LinkedIn post dated 2 November 2026.
- Richards began as GiG CFO in July 2024 and saw the company through its IPO and the majority stake acquisition in 888Africa.
- He will join Chaos as Chief Financial Officer on 1 December 2026.
Phil Richards has left Gaming Innovation Group after two-and-a-half years as chief financial officer and will join design and visualisation technology company Chaos as CFO on 1 December 2026. Richards announced the departure in a LinkedIn post dated 2 November and confirmed he left GiG in October.
Departure and LinkedIn statement
Richards wrote that "after two and a half years as CFO of Gaming Innovation Group, sadly October was my last month with the business." He said the period included the IPO, a sharpening of GiG's platform offering, stronger financial reporting and investor engagement, and "culminating with completing the acquisition of a majority stake in 888Africa." The LinkedIn post was published on 2 November.
Career at GiG and prior roles
Richards officially began as CFO of Gaming Innovation Group in July 2024. His time at GiG followed nearly six years at Kambi, where his roles included group financial controller and vice president of finance. Before entering the online gambling sector he worked at Corero Network Security, Shell and KPMG.
New role at Chaos
Richards confirmed he will start at Chaos on 1 December 2026. He wrote:
"I’m delighted to share that on 1 December I’ll be joining Chaos as Chief Financial Officer." — Phil Richards
He added he looks forward to working with Iveta Cabajova, the leadership team and the company's investors to build on existing momentum. Gaming Innovation Group is referenced in industry coverage at news, 888Africa in product reporting at casino and Chaos in corporate profiles at b2b.
Frequently Asked Questions
When did Phil Richards leave GiG?
Phil Richards left Gaming Innovation Group in October 2026, and he announced the departure in a LinkedIn post dated 2 November 2026.
How long was Phil Richards CFO at GiG?
He served as chief financial officer for two-and-a-half years, having officially started the role in July 2024.
What were the milestones Richards cited from his time at GiG?
Richards cited the IPO, sharpening GiG's platform offering, strengthening financial reporting and investor engagement, and completing the acquisition of a majority stake in 888Africa.
What is Phil Richards's next role and start date?
He will become Chief Financial Officer at Chaos on 1 December 2026 and said he will work with Iveta Cabajova, the leadership team and the company's investors.
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About the author
Marcus Webb
Industry Deals Correspondent
Marcus Webb covers the deal flow of the gambling industry — operator strategy, M&A, market entries, and product launches from sportsbook rebrands to full platform migrations. The reports name the companies, valuations, and jurisdictions exactly as disclosed and separate the announcement from its market impact. When a group consolidates a brand or a challenger launches into a new state, Marcus Webb explains who gains, who pays, and what closes next quarter.
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