Tag Archives: Betsson AB

Sweden awaits Lotteriinspektionen gambling report

Swedish gambling regulatory body Lotteriinspektionen will today publish its commissioned report, detailing provisions for a potential national regulated gambling framework. Swedish MPs and industry stakeholders have eagerly awaited the report, which was commissioned by the government in 2015 for the purpose of commencing a license-based system for gambling operators. In January, fears arose of further industry regulatory delays following the …

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Betsson seeks new CFO as Fredrik Rüdén departs this August

Stockholm-listed European betting & igaming group Betsson AB has confirmed the upcoming departure of Chief Financial Officer (CFO) Fredrik Rüdén, set for August of this year. A long-term Betsson AB executive team leader, Rüdén has served as corporate CFO since 2008 leading the firm’s financial strategy, auditing departments and controllership duties. Updating investors, Betsson Chief Executive Ulrik Bengtsson confirmed Rüdén’s …

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Students Welcome…Betsson AB opens third Academy Program

Stockholm-listed European sports betting operator Betsson AB has announced the launch of its third student training program ’The Betsson Academy 2017’ seeking to find fresh future talent for its operations. Launching its intensive ‘12-week internship program’ for 2017, Betsson AB management is seeking to fill 13 full-time future positions within its new Malta headquarters, which currently employs over 1,000 employees from …

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EGBA confirms Betsson AB as latest industry partner

Brussels-based industry body the European Gaming & Betting Association (EGBA) has confirmed that Stockholm-listed European sports betting operator Betsson AB (Betsson) has joined its member body. Betsson along with EGBA members will push for better industry representation and communication with European market regulators and policy makers. Furthermore, as an EGBA member Betsson will participate in group directives relating to industry …

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Betsson hires Richard Scott as Head of Global Trading

Stockholm-listed European sports betting operator Betsson AB has confirmed the appointment of Richard Scott as its new Head of Global Trading.  Scott joins the multi-brand operator from UK betting firm Gala Coral, where he held the position of Head of Football Trading for Coral’s sports betting division (2013-2017). Updating the market, Betsson HR detailed that Scott would be officially joining …

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Betsson targets UK expansion with NetPlay TV £26 million acquisition

Stockholm-listed European sports betting operator Betsson AB continues its aggressive M&A growth strategy in 2017, by confirming the acquisition of London AIM-listed interactive gaming operator NetPlay TV. Updating the market this morning, Betsson governance detailed that it had acquired all-equity in NetPlay TV for a total consideration of £26.4 million, purchasing all NetPlay assets outright, with a view of increasing …

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Betsson AB targets European racing growth with RaceBets €34 million acquisition

Stockholm-listed European sports betting group Betsson AB has confirmed that it has agreed to acquire racing specialist bookmaker RaceBets (racebets.com) for an initial cash consideration of €34 million. Updating investors, Betsson governance detailed that it would acquire all RaceBets assets including the firm’s trading team, adding the UK, Ireland, Malta and Germany licensed bookmaker to its portfolio of European brands. …

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Betsson upgrades mobile casino offering over 800 games titles

Upgrading its mobile casino platform, Betsson Group AB has declared that its flagship brand Betsson.com now boasts over 800 games titles making it the ‘largest mobile casino in the world’. Releasing its latest mobile casino client, Betsson upgrades its product with a new interface reflecting Betsson.com’s recent rebrand under the tagline ‘Anytime’s Playtime’. Betsson development teams have placed user-experience and …

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Betsson seeks SEK bond for further corporate acquisitions

Issuing a short market update, Stockholm-listed European sports betting operator Betsson AB (Betsson) has confirmed that it has issued a mandate to Nordic investment banks’ DNB Markets (Norway) and Swedbank (Sweden) ‘to arrange fixed income investor meetings starting  14 November 2016’. The betting operator is seeking to secure a three-year bond issue (sum undisclosed), with the proceeds used to facilitate …

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William Hill promotes Cem Miralay to Chief Customer Officer

William Hill governance has promoted Group Director of Change Cem Miralay to the leadership position of Chief Customer Officer (CCO) of the FTSE-listed sports betting operator. Miralay joined William Hill this May from European market competitor Betsson AB where he served as Chief Product Officer (2013 – 2016). The promotion to CCO sees Miralay take on certain responsibilities of the …

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