Phil Richards leaves GiG after two and a half years as CFO
He announced his departure on LinkedIn and joins Chaos as CFO from 1 December.
Key Takeaways
- Phil Richards left his role as CFO at Gaming Innovation Group in October and announced the move on LinkedIn on 2 November.
- Richards served as GiG CFO from July 2024 to October 2026, a two-and-a-half-year tenure.
- During his time at GiG he led the company through an IPO and the acquisition of a majority stake in 888Africa.
- Phil Richards will join Chaos as Chief Financial Officer on 1 December and will work with Iveta Cabajova and the leadership team.
Phil Richards left his role as chief financial officer at Gaming Innovation Group (GiG) in October and announced it on LinkedIn on 2 November. Richards had served as CFO since July 2024, a period he described as one of “real change” that included the IPO and the purchase of a majority stake in 888Africa.
Communication and next steps
In his LinkedIn post Richards wrote:
"After two and a half years as CFO of Gaming Innovation Group, sadly October was my last month with the business. It has been a period of real change for GiG and one of which I’m immensely proud of: Starting with the IPO, alongside our significantly sharpening both the focus and quality of our platform offering whilst strengthening financial reporting and investor engagement, culminating with completing the acquisition of a majority stake in 888Africa." — Phil Richards, LinkedIn
Richards also confirmed he will join design and visualization technology company Chaos as Chief Financial Officer on 1 December. On that move he added:
"In other news, I’m delighted to share that on 1 December I’ll be joining Chaos as Chief Financial Officer. Chaos is at a very exciting stage of its growth, and I’m really looking forward to working with Iveta Cabajova and the leadership team alongside our investors to help build on that momentum." — Phil Richards, LinkedIn
Previous career and milestones at GiG
Richards worked nearly six years at Kambi, holding roles including group financial controller and vice president of finance. Before entering the online gaming sector he worked at Corero Network Security, Shell and KPMG. At GiG he chaired key processes: the IPO and the acquisition of the majority of 888Africa.
Frequently Asked Questions
When did Phil Richards leave Gaming Innovation Group?
Phil Richards left Gaming Innovation Group in October and published the announcement on LinkedIn on 2 November; he said October was his last month with the company.
How long was Phil Richards CFO of GiG?
Richards was CFO of GiG from July 2024 until October 2026, a period of two and a half years according to his LinkedIn post.
What milestones did Richards oversee at GiG?
Richards oversaw GiG’s IPO and the acquisition of a majority stake in 888Africa, both of which he cited in his LinkedIn announcement.
What is Phil Richards’s next role?
Phil Richards will join Chaos as Chief Financial Officer on 1 December; in his LinkedIn post he said he looks forward to working with Iveta Cabajova and the leadership team.
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About the author
Gonzalo Marín
Industry Deals Correspondent
Gonzalo Marín covers the corporate deal flow of gambling — operator strategy, M&A, regulated-market entries, and product launches. The reports open with the transaction, cite companies, valuations, and jurisdictions exactly as released, and keep the announcement apart from its actual effect. When a Latin American operator raises capital or a European brand lands in the region, Gonzalo Marín reports who signs, for how much, and on what terms.
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