The board of Betsson AB has informed that it has begun an executive search to find a replacement for Group Chief Executive Pontus Lindwall. The leadership succession has been authorised as Betsson’s board concludes that Lindwall has achieved all objectives of the group’s ‘Back on Track’ strategy under his stewardship. In September 2017, Lindwall re-took leadership of Betsson as the …
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Betsson AB has continued its strategic expansion into new markets by disclosing that it has acquired a 28% stake in Canadian start-up Slapshot Media Inc. The investment led by subsidiary ‘Betsson Perch AB’ will provide Slapshot Media with CAD $3 million (€2m) in enterprise funding as the wider Betsson group commits to becoming a participant within Canada’s transformed gambling marketplace. …
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Betsson AB has lauded its capacity to match operational scale demands, after the online gambling group posted record-breaking Q2 2021 earnings of SEK 472 million (€46m). Publishing its interim 2021 trading results (period ending 30 June), Betsson recorded Q2 group revenues to SEK 1.75 billion (€175m) – up 14% on corresponding 2020 results of SEK 1.53 billion. Q2 trading’s results …
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Betsson has expanded its Eastern European operations, establishing a position in the Belarusian betting and gaming sector via the launch of its Europebet brand. The new brand will encompass sports betting, online casino and poker offerings, marking the first time online poker has been offered in the Belarusian market, and has secured agreements with several gaming providers. Additionally, the NASDAQ …
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Betsson AB has obtained online licences from Greece’s Hellenic Gaming Commission (HGC), and has confirmed that it will move ahead with plans to launch its flagship Betsson brand in the country within the coming weeks. The Stockholm-listed operator confirmed that HGC had approved its upcoming brand to offer the full regulated market provisions for online sportsbook, casino and virtual sports. …
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Betsson AB has reported an ‘all-time high’ record fourth-quarter performance, having recorded sustained growth despite ‘unprecedented challenges across all operating regions’. Publishing its full-year 2020 results, Betsson recorded Q4 group revenues of SEK 1,762 million (€175 million), up 37% on corresponding Q4 2019’s SEK 1,289 million. Record trading saw Betsson deliver ‘growth across all products and regions’ as Q4 online …
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Betsson AB has continued its strong 2020 momentum after the Stockholm-listed online gambling group backed its domestic and international prospects closing year-end trading. Publishing its Q3 2020 trading update, Betsson recorded group revenues of SEK 1.67 billion (€161m), up 31% on corresponding 2019’s SEK 1.27 billion. Driving performance, Betsson noted a record 46% increase in active customers across its online …
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SBC Summit Barcelona – Digital will draw to a close on Friday 11 September with a roster of senior executive speakers sharing their vision for the future of the online casino sector and on working together to develop ideas to improve player protection. Delegates attending the final day of the betting & gaming industry’s largest ever virtual conference and exhibition …
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The sports betting industry has been advised to prepare for the biggest virtual gambling event in history next week – SBC Summit Barcelona – Digital. SBC’s Founder and CEO Rasmus Sojmark is encouraging everyone to plan their week very carefully, otherwise they risk missing some of the expert insight that will be shared over the course of the week. He …
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Betsson AB has published its 2020 interim results stating that it has ‘delivered all-time highs in revenues under the most challenging conditions’. The Stockholm-listed online gambling group praised its swift actions undertaken during March, which allowed the company to continue to ‘execute the strategic priorities’ as part of its ongoing transformation programme. Trading under unprecedented circumstances, Betsson recorded Q2 2020 …
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