Tag Archives: Stockholm

Better Collective Spotlight – Speltips.se first in mind and first in search for Sweden

Sweden

For this month’s Better Collective Spotlight, SBC News took a closer look at Speltips.se, the flagship brand for Better Collective in Sweden. We asked Jesper Ribacka, Director of Better Collective Stockholm, about the history of tipster sites in Sweden, why the opportunity is greater for affiliates than operators and what the future might hold for the country’s affiliate market.  SBC: …

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Strengthened global profile helps Kambi maintain growth momentum

SBC News Strengthened global profile helps Kambi maintain growth momentum

Stockholm-listed sports betting platform provider Kambi Group Plc has attributed its success during Q2 2019 to a growing number of partnerships across both Europe and the US, despite facing ‘tough comparatives including the 2018 football World Cup’. Recording a revenue figure of €21.6m, a jump from the previous figure of €17.6m, Kambi has moved towards forging new partnerships across European markets.  …

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Better Collective strengthens US grip by acquiring Vegasinsider and Scoresandodds

SBC News Better Collective strengthens US grip by acquiring Vegasinsider and Scoresandodds

Industry affiliate Better Collective A/S has advanced its US strategic agenda by acquiring Florida-based Vegasinsider.com and Scoresandodds.com in a $20 million cash transaction. Updating investors, Better Collective said that it has significantly expanded its US portfolio by acquiring two of the most trusted sports betting wagering portals which maintain a legacy of ‘more than 20-years’ experience in offering premium sports picks, content, …

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Betsson H1 results disrupted by tough regulatory dynamics

SBC News Betsson H1 results disrupted by tough regulatory dynamics

Nordic market adjustments and Dutch declines have seen Betsson AB governance report a 5% year-on-year revenue decline for Q2 2019 trading. Publishing its H1 2019 interim update, Stockholm-listed Betsson AB reports a tough Q2 April-to-June trading period, in which group revenues declined 5% to SEK 1.27 billion (Q2 2018: SEK 1.3bn). Betsson governance details a ‘period of operational adjustments’, in …

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GiG expands Euro profile with upcoming Spain & Romania launches

SBC News GiG expands Euro profile with upcoming Spain & Romania launches

Stockholm-listed Gaming Innovation Group (GiG) has expanded its European footprint by securing new licensing provisions for the markets of Spain and Romania. Updating investors, GiG governance confirms that Spanish gambling regulator DGOJ has granted GiG B2C online sportsbook and casino licences. The company has also disclosed that it will move to launch its flagship RIZK brand for the Spanish market, …

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KPMG terminates Global Gaming auditor contract

SBC News KPMG terminates Global Gaming auditor contract

Stockholm-listed online gambling group Global Gaming AB seeks a new auditor, as incumbent KPMG sanctions an ‘early termination’ of its existing contract. Yesterday, Global Gaming CEO Tobias Fagerlund issued a corporate statement, informing investors that KPMG account auditor Jonas Nihlberg had called for a termination of services. An embattled Global Gaming finds itself at the centre of a Swedish market …

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Kambi backs industry new boy BetWarrior

SBC News Kambi backs industry new boy BetWarrior

Stockholm-listed sports betting platform and software supplier Kambi Group Plc has confirmed that it will support the launch of new online sportsbook property – ‘BetWarrior’. BetWarrior is the new venture of former PokerStars executives Morten Tonnesen (enterprise CEO) and José del Pino ( enterprise COO), who seek to establish the brand as a challenger bookmaker within European and LATAM markets. …

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Agile Catena delivers Q1 growth despite tough Swedish adjustments

SBC News Agile Catena delivers Q1 growth despite tough Swedish adjustments

Stockholm-listed industry affiliate marketing network, Catena Media Plc remains positive on its 2019 outlook, detailing that it has undertaken the necessary adjustments to meet new regulatory conditions within its home market of Sweden. Publishing its Q1 2019 trading update, Catena records a revenue increase of 9% to €26 million (Q12018: 24m). Despite growth, the figure is ‘below the expectations’ of …

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Home market costs sit heavy on Kindred Group’s 2019 opening

SBC News Home market costs sit heavy on Kindred Group's 2019 opening

Stockholm-listed Kindred Group Plc reports a tough opening to its 2019 trading, as the online gambling group undertakes a series of adjustments related to its home market of Sweden. Publishing its unaudited Q1 2019 trading update , Kindred maintains its strong group revenue momentum recording ‘Gross winnings’ of £224 million (Q1 2018: £208m), However  Swedish market costs have impacted metric …

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Kindred moves to new Stockholm HQ with commitment to hiring 250 new employees

SBC News Kindred moves to new Stockholm HQ with commitment to hiring 250 new employees

Kindred Group Plc has today moved to its new ‘state-of-the-art’ headquarters, located at the ‘AMF Urban Escape’ building in Central Stockholm. First announced in November 2017, Kindred’s relocation sees 350 Stockholm employees staffed in a purpose built, innovation-enabling 7,000 sqm office designed by AMF Fastigheter. Kindred has taken over two floors at the Urban Escape’s ‘Regeringsgatan 29 building’ starting April …

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