Tag Archives: Pontus Lindwall

Hall of Fame ‘perfect finish’ to successful Betting on Sports

Hall of Fame

The third Sports Betting Hall of Fame evening at the spectacular Natural History Museum has been hailed as the perfect conclusion to last week’s hugely successful Betting on Sports 2018. Set against the stunning backdrop of London’s Natural History Museum and hosted by former Sky Sports favourite Kirsty Gallacher, the awards saw five industry legends recognised for their tremendous contributions to the world of …

Read More »

Sports betting Hall of Fame to induct 5 new members at Natural History Museum

The Sports Betting Hall of Fame recognises those people who have made an outstanding contribution to the betting and gaming industry over their careers. This year’s Hall of Famers will be recognised as part of the Betting on Sports Week with the evening event taking place at the prestigious National History Museum on the evening of Thursday 20 September. Betting …

Read More »

Betsson AB seeks new financial lead as Hilsen returns to Telenor

Issuing a short market statement, Stockholm-listed online gambling group Betsson AB has confirmed the resignation of Kaaren Hilsen as Group Chief Financial Officer (CFO). Betsson governance has revealed that Hilsen is set to return to the telecoms sector, taking over the Chief Executive role at Telenor Sweden, a company she previously served as CFO from 2013-2017. Hilsen had joined Betsson’s …

Read More »

Betsson’s Dutch entity Corona Ltd issued €300,000 fine

Copyright: khvost / 123RF Stock Photo

The Netherlands Gaming Authority, De Kansspelautoriteit (KSA), has issued a €300,000 fine, to Corona Ltd for offering gaming to customers in the country without the required local licence. Corona, a subsidiary in the Betsson group and operator of the Oranje and Kroon online casino brands, has detailed that it is currently locked in internal deliberations and assessments, as the group …

Read More »

Pontus Lindwall – Product enhancements are re-energising Betsson AB

Updating investors on Betsson AB’s interim 2018 results, Group Chief Executive Pontus Lindwall has declared that ‘confidence is back in the business’. Lindwall who regained leadership of Betsson AB in September 2017, following the departure of former incumbent Ulrik Bengtsson, would implement a ‘corporate efficiency program’ following a lacklustre 2017 trading. Named the ‘back on track plan’ by Betsson governance, …

Read More »

Western European growth and World Cup effect boosts Betsson

Group increases across the board have been reported by Betsson AB in the online gambling organisations latest interim report, covering the period from 1 January – 30 June of this year. Increased efficiency, product upgrades and a systematic following of its “back on track plan,” centred around the four strategic areas of growth in core markets, product and technology, efficiencies and …

Read More »

Pontus Lindwall – ‘No Cost Saving Plan’ for Betsson’s 2018 recovery

Presenting Betsson AB’s Q4 2017 quarterly update, Group Chief Executive Pontus Lindwall is upbeat with regards to his firm’s 2018 outlook, despite recent setbacks. Lindwall the former Betsson AB Group Chairman, who last September retook leadership of the Stockholm-listed enterprise, following the departure of Ulrik Bengtsson as CEO, outlines the group’s ‘restructuring plan’. Closing a turbulent 2017, in which Betsson …

Read More »

Betsson AB seeks to bolster group efficiencies following turbulent 2017 trading

Despite recording a strong end-of-year, Stockholm-listed online gambling group Betsson AB has reported full-year 2017 declines in operating income and earnings, as governance moves to streamline company operations. Publishing its 2017 results, Betsson would record, improved Q4 2017 group revenues of SEK 1,25 billion boosted by favourable sporting results recorded during the Q4 trading period. However, Betsson has had to …

Read More »

Betsson cuts headcount to streamline group operations

Stockholm-listed European online gambling group Betsson AB has this morning informed that it will reduce its corporate headcount by approximately 160 employees as group governance seeks to ‘streamline the organisation’. Updating the market, Betsson has executed its organisational restructure across all group offices, as Betsson governance seeks to deliver annual corporate savings of SEK 50-60 million (€5-6 million). “In cooperation …

Read More »

Betsson “not satisfied” despite 11% quarterly growth

Gaming operator Betsson recorded growth of 11% compared to the same quarter last year, but CEO Pontus Lindwall has described the overall growth for the period as unsatisfactory. Lindwall also pointed to the lack of development from NetPlay, a UK interactive gaming operator acquired by Betsson back in April, as cause for concern, and noted that measures are in place …

Read More »