IGS plans to change its business profile towards technologies for the defense sector

Intelligent Gaming Solutions (IGS) plans to change its business profile and focus on the defense industry, the company said. Due to the plans, the company wants to change the name and additionally conduct a 1: 5 share split.

"The shareholders of Intelligent Gaming Solutions will decide on June 23 this year. about big changes in the company. The new board's plan is to focus on the defense industry. The company is currently conducting advanced talks in terms of acquiring a team that will develop and commercialize a technological solution used in the military and other uniformed services, ”reads the release.

“We are currently at the stage of completing a team that will also supplement the management board with competences in the military sector. Our idea is to offer an advanced technological solution that can be of great help in increasing the competences of the army, uniformed services and security organizations. In the coming weeks, we will present the assumptions of this solution, as well as a management team with extensive experience in the field of defense, ”said the new president of IGS, Piotr Międlar, quoted in the release.

Intelligent Gaming Solutions (IGS) has previously operated as a transformative provider of esports and gaming services. The company's business model was based on cross-platform cross-selling concepts licensed by its global partners. IGS conducted an activity related to the inclusion of other popular product categories, such as NFT, mobile games and skins, sports lotteries.

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