Tag Archives: Stockholm

Kambi seeks to become ‘clutch player’ of NBA betting

Stockholm-listed sports betting platform and software provider Kambi Group Plc views the start of the new NBA season as yet another early pacesetter for the liberalised US betting market. The technology group has revamped its entire NBA markets inventory, seeking to bring new betting dynamics to the unique sport of basketball. Kambi states that it has developed the sector’s most comprehensive …

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LeoVegas seeks to broaden tech talent pool launching Regulus Programme

Stockholm-listed LeoVegas AB has launched its new corporate initiative ‘LeoRegulus Programme’ seeking to widen its talent development resources whilst further expanding its access to tech talent. The LeoRegulus initiative was disclosed to Swedish business news source Dagens Media last week by Chief Executive Gustaf Hagman alongside Group HR Officer Caroline Palm. Seeking to widen its tech talent pool, LeoVegas governance launches …

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Catena restructures board following departure of Anders Brandt

Stockholm-listed industry affiliate marketing network Catena Media has moved to restructure its Board of Directors following the resignation of Anders Brandt. A board member since 2015, Brandt has voluntary resigned from Catena governance to pursue ‘personal interests and new assignments’. Updating investors, Catena Media Group Chairman Kathryn Moore Baker confirmed the appointment of Øystein Engebretsen as Brandt’s replacement on the …

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Mr Green refreshes Redbet sportsbook with Kambi

Stockholm-listed online gambling group MRG (formerly Mr Green & Co) has announced the relaunch of its Redbet European online sportsbook subsidiary.   The Redbet brand was acquired by MRG in December 2017, as part of the firm’s €7 million outright acquisition of Malta-based independent online gambling group Evoke Gaming. The Redbet sportsbook will be operated by MRG’s flagship online gambling …

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Cherry AB seeks new board as governance shrinks

Stockholm-listed online gambling group Cherry AB has confirmed the departure of Anna Bergius and Claes Ruthberg as members of the Board of Directors with immediate effect. Their decision to depart Cherry’s governance follows the Swedish Economic Crime Authority’s confirmation that both board members will be investigated in connection with ‘insider trading allegations’ charged against former Cherry AB CEO Anders Holmgren. …

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LeoVegas strengthens compliance efforts via new position

LeoVegas

Swedish online gambling group LeoVegas AB has announced a further strengthening of its compliance and legal efforts, with the creation of a new Chief Compliance and Legal Officer (CCLO) role within the firm’s core management group. Issuing a desire to enhance its focus on compliance “by providing training throughout the entire organisation and expanding the teams in these area,” LeoVegas …

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Diversified Catena delivers strong interim as governance targets US top spot

Stockholm-listed industry affiliate marketing network, Catena Media maintains its strong 2018 momentum achieving a number of KPI ‘all-time highs’, as governance continues to diversify the company’s verticals and further seeks new market opportunities. Updating investors, Catena reports a group revenue increase of 65% to €50 million (H1 2017: €30 million), driven by growth across its organic and acquired network assets. …

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Henrik Tjärnström – Kindred looks to new shores post World Cup

As a sign of corporate growth and progress, Kindred Group CEO Henrik Tjärnström has stated to investors that corporate comparative trading periods will only get tougher for the Stockholm-listed enterprise. Presenting Kindred’s H1 2018 interim leadership update, Tjärnström acknowledges that a further ‘all-time high’ trading quarter has been driven by World Cup Russia 2018, with Kindred achieving its biggest active …

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Busy Kindred Group hits World Cup high notes during H1 2018

Stockholm-listed European online gambling firm Kindred Group Plc continues its streak of ‘all-time highs’ reporting significant growth across its underlying corporate metrics and KPIs for its interim H1 2018 trading period (unaudited January-June 2018). Publishing its latest trading update, Kindred reports strong organic growth across its products and services driven by significant customer activity recorded during World Cup Russia 2018. …

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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, …

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