Scout Gaming Group remains confident of its long-term business strategy and future commercial prospects after delivering growth to its investors. Despite numerous COVID challenges interrupting its standard trading, the Nasdaq Nordic listed B2B fantasy sports supplier recorded full-year corporate revenues of SEK 47 million (€4.6m), up 85% on corresponding FY 2019’s SEK 26 million. Revenue growth was supported by a …
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Scout Gaming eyes next stage of growth following strong Q3
Scout Gaming Group will aim to deliver a strong close to its 2020 trading, after the B2B daily fantasy sports software supplier reported that it had benefited from the return of a full sports calendar. Publishing its Q3 trading update for the period ending 30 September, Scout reported ‘record’ corporate revenues of SEK 15 million (€1.5m), an 85% increase on …
Read More »Scout Gaming secures £6.5m through bookbuild
B2B Daily Fantasy Sports provider Scout Gaming Group has completed two directed share placements in which the firm has received an estimated £6.5m (SEK75m) and over three million new shares. In total the firm issued 1,835,062 shares through an accelerated ‘book building’ procedure, which calculated to around SEK45m. Additionally the firm’s second share issue was through US-based institutional investor Topline …
Read More »Scout Gaming rolls out esports betting
B2B fantasy sports platform provider Scout Gaming has moved to expand its portfolio. confirming the launch of its esports betting offering across its network of partners. Launching its new vertical, Stockholm-listed Scout Gaming underlines that it is committed to expanding its availability of esports content during the coming weeks, as industry incumbents navigate COVID-19 disruptions. The esports offering will be …
Read More »Norsk Tipping exploring fantasy sports option with Scout Gaming
Scout Gaming, a supplier of B2B fantasy sports solutions for regulated market incumbents, is working with Norwegian state-owned wagering monopoly Norsk Tipping to develop a licensed real-money fantasy sports proposition. The partnership is formed as Norsk Tipping seeks to expand its regulated wagering services for Norwegian sports audiences. Norsk Tipping serves as Norway’s sole lottery, instant win and sports betting …
Read More »Private bookbuild sees Scout Gaming raise €3.5m capital
Issuing a market filing, Stockholm-listed Scout Gaming AB confirms that it has raised SEK 36 million (€3.5m) in working capital having completed two direct share placements selling approximately 3 million of company shares. Scout governance had been granted rights to sanction the transaction at the Stockholm firm’s AGM on 23 May 2019. The two share placements were directly issued to …
Read More »Logrand paves the way for Scout Gaming’s Mexican entry
Fantasy sports supplier Scout Gaming Group has signed a licence agreement with Logrand Entertainment Group, which it lauds as having particular “strategic importance”. Giving Logrand access to its full fantasy sports platform, launch is expected to commence in the first half of the year on the Mexican company’s online brand Strendus. Praising the possibilities of the deal, Scout Gaming states …
Read More »Asia point of difference for Dafabet through Scout DFS deal
Online gaming operator Dafabet has targeted growth across multiple product verticals after securing access to the Scout Gaming fantasy sports and pool betting platform. Scout Gaming believes that the deal, expected to launch during the first half of 2019, is ”the first time a major Asian facing operator has launched daily fantasy sports in the region”. It is just another …
Read More »Scout Gaming to provide fantasy sports through UK licence
12 operators holding existing agreements with Scout Gaming can now introduce its DFS services in the UK market after the company secured a licence to provide its fantasy sports solution. The Group’s CEO Andreas Ternström said that it had refused to shy away from the “toughening regulatory environment trend” by securing the B2B licence from the UK Gambling Commission. It …
Read More »Scout gains US vision with Metric Gaming
European B2B fantasy sports provider Scout Gaming is set to expand its services within the US market, partnering with Las Vegas-based real-time sports data and betting platform provider Metric Gaming. Issuing a market update, Scout and Metric leadership confirm that a ‘reciprocal arrangement’ has been agreed on, with both parties gaining full access to each other product portfolio and provisions. …
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