Tag Archives: Pontus Lindwall

The board of Betsson AB has disclosed this morning that it has secured definitive terms to acquire Belgium sportsbook and casino brand betFIRST in a €120m cash offer.  Deal terms have been agreed with betFIRST Group, as Betsson AB takes a podium position in the Belgium igaming marketplace. The up-front consideration for the acquisition is set at €117m, which is …

Betsson AB has reported a ‘record strong start to 2023 trading’, as the Stockholm-listed gambling group celebrates its 60th year in business. Publishing its Q1 trading update, Betsson lauds bumper financial results as group revenues increased by 30% to €222m compared to Q1 2022 results of €170m. Headline growth accounted for a 37% increase in casino revenues to €152 and …

Sweden-founded international gambling company Betsson has announced that it is now live in the province of Ontario, Canada. Furthermore, a B2C offering has just been launched through Betsson’s global brand, Betsafe, including online casino and sports betting – in line with the operator’s outlined market strategy for the region. Opening its borders last year, Ontario is Canada’s most heavily populated …

Betsson AB is optimistic about “progress across all fronts”, and anticipates regulation in Brazil to provide an extra boost to its outlook, group CEO Pontus Lindwall informed SBC News in an exclusive interview. Having reported record-breaking full year revenue of €777m and Q4 earnings of €220m, marking a respective 18% and 40% growth rate, Lindwall continues to earmark Latin American …

Betsson AB has declared its ‘best year in business’ having achieved four back-to-back record-breaking financial quarters. Publishing its full-year 2022 accounts, the Stockholm-listed online gambling group’s corporate revenues stood at €777m up 18% on FY2021 comparative results of €657m. Once more, Betsson achieved a record-breaking Q4 performance to close year trading, generating revenues of €220m (Q4 2021: €157m), which benefitted …

Betsson AB continues to bolster its B2B sportsbook resources by acquiring a majority 80% stake in KickerTech Malta for a valuation of €14m cash. The investment accompanied Betsson’s Q3 trading update, in which the Stockholm-listed online gambling group revealed that its proprietary sportsbook portfolio had surpassed period wagers of +€1bn.  An agreement has been reached with TG Holdings to acquire …

Betsson AB has reported consecutive ‘best ever’ quarters, as group leadership looks forward to the FIFA World Cup to close an anticipated record-breaking 2022.  Publishing its Q3 trading update, Betsson generated group revenues of €200m, up 18% on 2021 results of €170m. Headline growth sees year-to-date revenues stand at €556m (YTD2021: €500m). Period trading was bolstered by the early start …

Betsson AB expects to declare record-breaking results for Q3 2022, underlining the continued progress of the Stockholm-listed online gambling group’s diversified global growth strategy. Issuing a trading update, Betsson forecasts Q3 corporate revenues to stand at €199-to-€201m – an outcome that will register “the highest level of revenues ever achieved by Betsson in a single quarter”. Peak revenue performance will …

The speakers on ‘the future of sports betting – era of inflation’ panel, part of the SBC Summit Barcelona’s Leaders Track, share both an optimistic but foreboding consensus.  The future of the industry, with a focus on Europe and North America, remains ‘very bright’ – in the words of Betsson AB CEO and Founder Pontus Lindwall, but headwinds are visible …

Betsson AB has underscored its ‘diversified corporate growth strategy’ – as progress within new markets offsets multiple headwinds across Western European jurisdictions. Publishing its H1 2022 interim report, the Stockholm-listed online gambling group registered corporate revenues of €356m, up 8% on corresponding 2021 results of €330m. Headline growth was attributed to a record Q2 performance that delivered an ‘all-time-high’ revenue …