Tag Archives: Sweden

Tabcorp and German Tote to pool totalisators

Germany’s totalisator is the latest to join Tabcorp’s multi-billion dollar wagering pools, following an agreement completed between Tabcorp and German Tote. German Tote is majority-owned by French wagering operator Pari Mutuel Urbain (PMU), while German racetracks (BGG Betriebsgesellschaft der Galopp-Rennvereine mbH) also have a minority stake. The deal will involve the German Tote taking all Australian thoroughbred and harness racing and co-mingling their …

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Stan James chain in line for rebranding

Steve Fisher is facing up to the prospect of finding a new brand name for the Stan James chain of betting shops that he first set up in 1973, in a process that will cost a seven figure sum. As reported by Racing Post, the change has been forced by the Swedish operator Unibet’s purchase of the seperate Stan James …

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Svenska Spel extends licence but monopoly position will be reviewed

Swedish gambling operator Svenska Spel has had its licence extended by the Swedish government until the end of 2018 The three year extension will see Svenska Spel continue provide the Swedish market with lottery, betting, casino, slots and poker provisions and services for both online and land based gaming. The licence has been extended despite mounting pressure from the European …

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Cherry AB eyes 2016 Stockholm Nasdaq listing

The governance of European igaming operator Cherry AB has disclosed that it intends to apply for a full listing of its shares on the Stockholm Nasdaq by early 2016. The operator will seek to delist from Swedish development market the Aktie Torget, on which it has traded its stock since September 2006 for a full placement on the Stockholm Nasdaq. …

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Inspired Gaming gains VS partnership with ATG Sweden

Inspired Gaming Group has announced that it has entered a Virtual Sports supplier partnership with Swedish racetrack operator ATG. ATG Sweden’s state owned horse racing operator since 1974 will be supplied with multi-content Virtual Sports provisions by Inspired on both digital and mobile verticals. The partnership will see the launch of Inspired’s Rush Horses and Rush Trotting products, which have …

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Bet365 leads the way with bettingexpert.com tipsters

Bet365 was the standout bookmaker for bettingexpert.com’s community of tipsters during October. Of the 97,970 tips placed during the month, the Stoke-based bookmaker was selected as the preferred operator for a huge 19.1% of them, considerably higher than second placed Unibet which was selected 12.1% of the time. However Unibet was also far clear of third placed 188bet, which had …

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Lotteriinspektionen’s Haken Hallstedt to lead Swedish gambling reform

Haken Hallstedt the Director General of Lotteriinspektionen, Sweden’s gambling regulator has been appointed to lead the reform of the country’s gambling framework. Hallstedt has been charged with heading up the investigative committee, which will develop and redraft gambling legislations, with a concentrated emphasis on creating regulations, protocols and standards for online gambling services. Sweden has faced increased pressure from the …

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Increased player activity & positive acquisition sees Betsson hit record results for Q3 2015

European sports betting operator Betsson AB has announced a record revenue quarter for Q3 2015 (3 month period ending 3 September), with group revenues increasing to SEK 973 million (£75.5 million) up 24% on Q3 2014 corresponding SEK 782 million (£60.5 million). The operator continues its strong 2015 momentum, posting top line growth on all key metrics. Q3 Operating income …

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Nordic Leisure makes formal £5 million offer for Betting Promotion SE

Alerting the market of its intention, Stockholm Nasdaq OMX listed gambling investment firm Nordic Leisure AB has made a formal SEK 60.9 million (£5 million) bid for sports betting solutions provider Betting Promotion SE. Nordic Leisure informed the media last week that it had reached an agreement to acquire Betting Promotion with a group of investors representing 74% of the …

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Swedish media to self-regulate ahead of gambling regulatory overhaul

Following reports that the Swedish government is preparing to review the national gambling regulatory framework, Sweden’s Media Associations for digital, media and publishing have pledged to self-regulate gambling advertising. The move sees the associations, which represent Swedish media owners, pre-empt the government’s potential future policy with regards to gambling advertising. Swedish media owners have had a fraught relationship with national …

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