Tag Archives: Betsson AB

The board of Betsson AB has proposed the appointment of three new executive directors and the election of Johan Lundberg as company chairman. Ahead of the firm’s scheduled annual general meeting (AGM) on 10 May – the board of Betsson has nominated Eva de Falck, Louise Nylén and Tristan Sjöberg as new independent directors. A leading corporate governance advisor, Eva …

Gaming Innovation Group (GiG) will power the launch of a new sportsbook brand in the Lativan market, FeniBet, in collaboration with one of its long-term partners in the country.  Working with Novomatic AG Group’s Admirāļu klubs, FeniBet’s entry into the Latvian sector is GiG’s third in the country, as the platform and sportsbook provider looks to further consolidate its foothold …

Betsson Group has signed a one-year sponsorship agreement with Chilean football club Colo-Colo, in a strengthening of its marketing and brand visibility in Latin America.  The global sponsorship will cover the 2022 season, and will see operator’s logo featured on the Chilean Primera División club’s shirt sleeves for both home and away games, whilst an additional term has included the …

A supply agreement has been etched out between bet365 and Incentive Games, with the latter providing the online sports betting and gaming operator with its free-to-play and play-to-play products. As a result of the agreement, Incentive will develop a series of bespoke free-to-play and play-to-play jackpot games for bet365, which will be made available to the company’s customers in all …

Malta is set to introduce a new corporate tax rate in 2023, according to the Times of Malta, which could have a substantial impact on the revenue of a number of international businesses registered on the island. Quoting government sources, the outlet stated that between 18 and 20 foreign companies could pay up to three-times as much tax as they …

Betsson AB has maintained confidence in its sports betting operations, with revenue in the sector offsetting a decline in casino, whilst also lauding its acquisitions strategy but acknowledging hurdles in the newly regulated Dutch market. Publishing its Q3 trading update, the Nasdaq Stockholm registered group reported overall revenue of SEK 1,733.3 million, representing a 3% increase on the corresponding quarter …

The board of Betsson AB has withdrawn its decision to replace Pontus Lindwall as Group CEO.  The decision follows a consideration of the Stockholm-listed group’s ‘near-to-mid future priorities’, made in light of Betsson’s unexpected failure to secure a Dutch KOA online gambling regime licence and to help further execute new market expansion projects in the US and LaTam. This September, …

William Hill has confirmed that Patrick Jonker has departed the company, having chosen to end his tenure as International Managing Director of the heritage betting group. Jonker departs on mutual terms as William Hill’s UK and European units are due to be merged with 888 Holdings – completing the £2.2 billion divestment agreed by Caesars Entertainment and 888 last month. …

Betsson AB has completed its ‘strategically important’ acquisition of market-leading Peruvian operator Inkabet for $25 million.  This morning, the Stockholm-listed online gambling group confirmed that it had finalised all necessary requirements to acquire Inkabet’s B2C online business – bringing a close to a deal that had been brokered last August. Under the terms of the acquisition, Betsson has agreed to …

The All-in Diversity Project (AiDP) has relaunched its ‘All-Index’ survey to comprehensively track and measure the diversity, equality and inclusion make-up of the global gambling sector.  The survey returns following an 18-month hiatus, as gambling businesses adjusted to the unforeseen demands of the global COVID-19 pandemic. Accounting for drastic changes, AiDP noted that its third industry survey would report on …