Tag Archives: Stockholm

Stockholm-listed European online gambling group, Betsson AB has announced that it will broaden its product portfolio adding a new daily fantasy sports (DFS) platform powered by Scout Gaming Group. The partnership sees Scout Gaming provide its fully customizable DFS solution, which will be made available to all Betsson AB subsidiaries. Project stakeholders detail that the Scout/Betsson DFS platform is expected …

Ahead of its Capital Markets Day (6 December), Stockholm-listed industry affiliate network Catena Media has announced that it has reset its enterprise long-term financial targets, as corporate governance seeks to extract optimal value for its investors. Updating stakeholders, Catena’s Board has set the enterprise target of generating a group EBITDA in excess of €100 million (£90 million) by the year …

European online gambling firm Kindred Group Plc has confirmed that it will move its ‘home’ Stockholm office to new premises within the ‘Urban Escape Project’ in central Stockholm, a business property currently being developed by AMF Fastigheter. Updating stakeholders, Kindred details that it has agreed to terms with AMF Fastigheter with a view to move its Stockholm operations to the ‘Urban …

Despite lowering its full-year 2017 corporate forecast last week, Stockholm-listed online gambling group Cherry AB has reported ‘widespread growth’ across its assets for its Q3 2017 trading update (period ending 30 September). Improved player activity throughout its verticals, sees Cherry report a 165% increase in group revenues to SEK 567 million (€58 million – Q3 2016: SEK 214 million). Cherry’s …

Stockholm-listed industry affiliate marketing network, Catena Media has detailed its ‘best ever trading quarter‘ as the company homes in on full-year 2017 corporate targets. Presenting its first trading update as a Nasdaq Stockholm main market enterprise, Catena would record Q3 2017 (period ending 30 September) corporate revenues of €17.2 million up 61% on corresponding Q3 2016’s €10.7 million. Focusing on …

Prior to the release of its pending Q3 2017 trading update (scheduled for Wednesday 8 November), the governance of Stockholm-listed online gambling group Cherry AB has issued a corporate update detailing that it has revised its full-year 2017 corporate forecast. The firm’s revision of FY-2017 expectations follows a tougher than anticipated integration of acquired ComeOn assets having undertaken a strategic …

Stockholm-listed European online gambling group Betsson AB has confirmed that it will expand its presence within the regulated Spanish online gambling market, launching a new sportsbook property with industry platform and technology supplier BetConstruct. Confirming the agreement, Betsson management detailed that it would move to integrate a full-suite BetConstruct sportsbook solution for its Spanish market entry, combining the product with …

Sports betting provider Kambi has deepened its relationship with media conglomerate Televisa, through the debut of its sportsbook to the Mexican online market. Televisa’s gaming arm PlayCity has unveiled its new sports betting site, and the launch of PlayCityApuestas.com follows last year’s deal, which saw 16 of its land based casinos furnished with the retail product suite of Kambi. Kristian …

Issuing a corporate update, European online gambling group Global Gaming 555 has confirmed that it plans to make an initial public offering (IPO) on the Scandinavian market the Stockholm Nasdaq First North Premier. As the latest industry incumbent to seek an IPO, Global Gaming 555 will initial place a new share issue of ‘no more than’ 1000,000 shares, targeting to …