Tag Archives: betsson

Betsson delivers growth despite turbulent 2016

Stockholm-listed European sports betting operator Betsson AB is pleased to have grown its core business metrics, despite facing multiple operational challenges and unfavourable conditions throughout 2016. Closing its 2016 performance, Betsson governance was pleased at the company’s ‘positive development’ which had seen the operator overcome severe currency fluctuations and lower betting margins impacts in H1 2016. Furthermore, repeating all-round industry …

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New Lightning Box Games slot gets exclusive launch on LeoVegas

Silver Lion has been given an exclusive launch on LeoVegas. The new slot from Lightning Box Games is only available to players on LeoVegas.com until it goes to general release on December 7. The 5×4 reel, 1024 ways slot which features zebras, hippos, meerkats and tribesmen, takes players on safari across the sweeping plains of the African Savannah in search …

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Betsson secures SEK €1 billion bond for furthering acquisition strategy

Updating the market Stockholm-listed European online gambling operator Betsson AB has confirmed that it has been approved an unsecured bond valued at SEK 1 billion (£86 million). Betsson governance detailed that the bond has a three-year tenure, maturing as of November 2019. At the start of this week, Betsson updated the market declaring that it had issued a mandate to …

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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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Red Tiger Gaming launches selection of games on Videoslots.com

Red Tiger Gaming, the Isle of Man based casino software developer founded in 2014, has announced that it has launched a selection of its popular games on Videoslots.com. Lucky Wizard, Winter Wonders, Dragon’s Luck, Five Star and Blue Diamond have all been launched on the website, which was voted Best Slots Operator by Casinomeister for this year. The games have …

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Betsson back on track following strong Q3 2016 performance

Stockholm-listed online sports betting group Betsson AB has recovered from a disappointing Q2 2016 performance, posting a 9% increase in corporate revenues to SEK 1.06 billion (€110 million) for its Q3 2016 corporate performance (period ending 30 September). Presenting its Q3 update, Betsson governance detailed top-line metric growth across all its core verticals, as the operator recorded a period operating …

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Betsson refreshes its flagship brand under ‘Anytime’s Playtime’ tagline

Stockholm-listed European sports betting operator Betsson AB has announced that it has refreshed its 15-year old flagship brand Betsson.com. Presenting the rebrand of Betsson, the operator declared that its founding brand had undertaken a new creative concept under the tagline ‘Anytime’s Playtime’. Betsson marketing stated that it wanted the rebrand to reflect the company’s dedicated emphasis on consumer fun, engagement …

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European expansion sees Betsson open second Malta office

Stockholm-listed European sports betting operator Betsson AB (Betsson) has confirmed that it will open a second office in Malta, situated in the town of St Julian’s (Maltese: San Ġiljan). The new office named the ‘Betsson E2 Hub’ will house approximately 300 employees acting as a support department for the operators growing European footprint. Confirming the office opening to SBC, Betsson …

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‘Challenging Period’ – Betsson H1 earnings hit by currency fluctuations & lower betting margins

The governance of Stockholm-listed European sports betting operator Betsson AB has stated that H1 2016 has been a challenging period in which the business has faced various obstacles.  Presenting its H1 trading results (six month period ending 30 June), Betsson detailed that although group revenues had hit SEK 1.93 billion (13% up on H1 2015: 1.7billion), its performance had been …

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