Tag Archives: Stockholm

European online gambling group Mr Green & Co, has announced that it will launch its first esports-centric property in partnership with Gamingzone Entertainment. Updating the market, the Stockholm-listed enterprise has confirmed that it will develop an esports entertainment joint-venture with established esports media publisher Gamingzone. “Mr Green and Gamingzone Entertainment have established a joint venture to create a new community …

Stockholm-listed online gambling group, LeoVegas AB has confirmed the appointment of Stefan Nelson as new Chief Financial Officer. The firm expects Nelson to takeover full group CFO responsibilities on 22 August, when current incumbent Viktor Fritzén end his tenure as Leo Vegas financial lead, joining the firm’s senior executive advisory. A 20-year finance veteran, Nelson has prior experience in gaming, media …

Stockholm-listed online gambling group Mr Green & Co, has published its Q1 2018 trading update (period ending 31 March), detailing strong organic growth across its core metrics and KPIs. In its trading update, Mr Green records group-wide total revenues of SEK 381 million (€36 million) up 38% on corresponding Q1 2017’s  SEK 276 million. The Stockholm enterprise details a period …

Stockholm-listed, betting platform and software provider Kambi Group Plc has detailed a strong opening momentum for 2018. Publishing its Q1 2018 trading update (period ending 31 March), Kambi records a 15% increase in corporate revenues to €16.4 million (Q1 2017: €14.2 million), with the betting platform provider maintaining a high 7.9%  trading margin. Continuing its strong momentum from a record …

Stockholm-listed online gambling firm, Kindred Group Plc has reported a strong opening to 2018, as the multi-brand/ multi-market operator continues to benefit from its expansion strategy, supported by further ‘organic growth’. Publishing its unaudited Q1 2018 results (period ending 31 March), Kindred records a 36% group revenue uplift to £207 million (Q1 2017: £153 million). The positive revenue momentum, sees Kindred …

Issuing a market update, the governance of Stockholm-listed Cherry AB has informed that it expects its Q1 2018 revenue and earnings results to be ‘better than anticipated’. Upping its Q1 2018 forecasts, Cherry governance expects to deliver period corporate revenues of SEK 675 million, combined with a group EBITDA of SEK 188 million. The Stockholm enterprise details a significant improvement …

Sports betting site ParisSportifs has had all affiliate assets acquired by Catena Media, as the firm continues its strategic expansion, with an eye on this summers Russian World Cup. Entering the French market through the purchase, with the initial price amounting to an upfront payment of €8.2m, the assets are set to be consolidated within Catena during this month. Of …