Tag Archives: Sweden

Betsson secures SEK €1 billion bond for furthering acquisition strategy

Updating the market Stockholm-listed European online gambling operator Betsson AB has confirmed that it has been approved an unsecured bond valued at SEK 1 billion (£86 million). Betsson governance detailed that the bond has a three-year tenure, maturing as of November 2019. At the start of this week, Betsson updated the market declaring that it had issued a mandate to …

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Betsson seeks SEK bond for further corporate acquisitions

Issuing a short market update, Stockholm-listed European sports betting operator Betsson AB (Betsson) has confirmed that it has issued a mandate to Nordic investment banks’ DNB Markets (Norway) and Swedbank (Sweden) ‘to arrange fixed income investor meetings starting  14 November 2016’. The betting operator is seeking to secure a three-year bond issue (sum undisclosed), with the proceeds used to facilitate …

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First for Sweden…Unibet integrates BankID authentication system

Issuing a short corporate statement, Stockholm-listed European sports betting operator Unibet Group Plc (Unibet) has confirmed that it has become the first online gambling firm to integrate BankID in Sweden. Sweden’s BankID is a user electronic identification system which will allow the operator to action faster and more efficient authentication & verification processes for its customers In its corporate update, …

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Red Tiger Gaming appoints Carl Ejlertsson as Account Director,

New online casino games developer Red Tiger Gaming has confirmed the appointment of Carl Ejlertsson as Account Director, as the company begins to expand its commercial capabilities. Ejlertsson joins the new industry slots developer from European operator Betsson Group AB, where he served he held a number of igaming management positons including that of Casino Insights Lead. Confirming the appointment, Red …

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Mikael Pawlo co-founder of Mr Green invests in start-up Forza Football

Mikael Pawlo the former Chief Executive and co-founder of European igaming operator Mr Green & Co (Mr Green), has invested in Gothenburg (Sweden) start-up Football Addicts (www.footballaddicts.com) the developers of next generation live score app, Forza Football. The undisclosed funding round was carried out by Pawlo’s private investment firm Derzhava, who acquired its equity from existing shareholders. Football Addicts aims to …

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Yggdrasil to form Swedish parent company

Updating the market, industry games developer Yggdrasil Gaming has announced that it is to establish a new parent company and expanded its Stockholm office in order to meet commercial demands. The new parent company will sit at the top of Yggdrasil’s existing corporate structure, with the developer aiming to expand its presence within the thriving Stockholm tech scene. Yggdrasil governance …

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Strong commercial pipeline sees NetEnt post Q3 revenue & profits boost

Publishing its Q3 2016 trading update (period ending 30 September), Stockholm-listed industry games developer NetEnt AB has reported a further consecutive quarter of top-line growth on all metrics. Closing its Q3 2016, NetEnt would record a corporate revenue increase of 27.7% to SEK 357.4 (Q3 2015: 279.8 million). Its strong revenue performance would see the games developer post operating profits …

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Betsson back on track following strong Q3 2016 performance

Stockholm-listed online sports betting group Betsson AB has recovered from a disappointing Q2 2016 performance, posting a 9% increase in corporate revenues to SEK 1.06 billion (€110 million) for its Q3 2016 corporate performance (period ending 30 September). Presenting its Q3 update, Betsson governance detailed top-line metric growth across all its core verticals, as the operator recorded a period operating …

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Play’n GO signs multi-year agreement with Paf

Swedish slot supplier Play’n GO has signed a landmark agreement with international gaming operator Paf, with the Åland-based company’s award-winning suite of mobile and desktop content available to the operator’s players for the first time. The multi-year deal, which is understood to be for an initial three-year period, will see award-winning premium titles like Gemix, Grim Muerto and Eye of …

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BetConstruct boosts cross-platform content with OMI Gaming

European gambling technology and software provider BetConstruct has announced that it will add OMI Gaming (OMI) content to its online casino platform. Securing a multi-year content partnership, BetConstruct will add OMI titles to its Spring Platform widening its games selection for European igaming clients. Partnering with OMI, BetConstruct selects one of the industry’s newer games developers. The Stockholm-based games developer …

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