On the search for "Betsson" we found the following results:
The Swedish online gambling group Betsson AB has confirmed that it has curtailed affiliate marketing and promotions in the Dutch market in the interest of ensuring it will be favourably considered for a licence under the forthcoming regulatory regime in the Netherlands. Our readers will recall that the Dutch government has repeatedly warned that illegal …
After six years at Betsson AB, four of them as CEO and president, Magnus Silfverberg has decided to step down in July 2015 and move to another industry. According to an announcement by the company, current executive chairman Pontus Lindwall has been appointed by the board of directors to manage the CEO responsibilities until a …
Swedish gambling group Betsson AB has posted a strong Q1-2015 report, with highlights that include: * Revenue up by 24 percent to SEK 847.4 (686.0) million – the highest quarterly revenue figure ever reported; * Organic growth of 14 percent; * Operating income up 39 percent y-o-y at SEK 238.0 (171.2) million; * Operating margin …
Betsson managing director Peter Weinreich Johansen has been named by the Danish Online Gambling Association (DOGA) as its Chairman. The Danish online gambling trade organisation, which represents its members interests in the industry, currently comprises Ladbrokes, Unibet, Betfair, bet365, Betsson, Pokerstars, SkillOnNet, Spillehallen.dk, Dansk Underholdning and TivoliCasino.
Three major software and operational companies in the online gambling industry, Core Gaming, Net Entertainment and Betsson, have achieved licensing from the UK Gambling Commission, allowing them to supply operators in the UK market with their products. The independent British HTML5 games developer, Core Gaming is a well-established company that has supplied games to all …
Internet-only gaming firm Betsson delivered its highest fourth quarter results ever highlighting the success of its long-term strategy with multiple brands and a common technical platform. Key performance indicators for the fourth quarter included: Revenue increase of 24 percent amounting to SEK 814.7 million (Q4/2014: SEK 655.5 million). Organic growth of 11 percent. Operating income …
A new content supply deal between Leander Games and Betsson will see the integration of Leander’s proprietary content via its LeGa gaming platform. Betsson will also receive third party content via LeGa from Nektan and Core Gaming. Under the terms of the agreement, Leander Games will also modernise an additional seven games for Dutch-facing Oranje …
A dispute over the earn-out due on Betsson’s acquisition of the Nordic Gaming Group 2 years ago (see previous reports) has been settled at Euro 15.45 million. In a statement Tuesday Betsson advised that its legal case disputing the earn-out amount has now been settled with the seller of NGG and the agreed amount will …
50-year-old gaming firm Betsson has gained entry to the Nasdaq Stockholm Large Cap segment., the first internet-only gaming firm to have achieve the listing. The company qualifies for the upgrade from January 1, 2015, as its market capitalisation has remained above Euro 1 Billion for the past two years. Magnus Silfverberg, chief executive officer and …
Two Swedish companies, online gambling group Betsson and Rush Sports AB, have announced an investment deal in which Betsson has acquired 20 percent of the company in return for an investment of SEK 1.8 million and a 3 year option to acquire the remainder of the stock. Founded by the developers of successful apps Forza …
The Swedish online gambling group Betsson AB has posted another impressive set of quarterly results, highlighting the following points from its activities in the third quarter of 2014: * Revenue increased by 30 percent to SEK 782.1 (603.4) million – the highest quarterly figure yet; * Organic growth of 16 percent in the quarter; * …
A Swedish player and Betsson customer has won a whopping Euro 3.8 Million playing Net Entertainment’s Hall of Gods online slot. This is Hall of Gods’ second jackpot award this year, the first awarded another Swedish player the second biggest online win of a Euro 7.4 million jackpot back in June. Net Entertainment’s Mega Fortune …
The Swedish online gambling group Betsson has posted another strong set of quarterly results, reporting that in Q2-2014 revenues soared 30 percent to SEK 752.3 million (Euro 81.5 million) through organic growth and the success of recent online casino acquisitions Oranje and Kroon. The company said that sportsbetting had also experienced strong growth, due mainly …
Reports from the Betsson online gambling group indicate that a Swedish player has enjoyed more than his fair share of good fortune in hitting two major jackpots at the group. A Betsson statement revealed this week that the unidentified player won a major jackpot last year on the Hall of Gods slot, and he enjoyed …
Bet stimulation technology firm Bettorlogic has inked deals with BetClic Everest, Bwin and Betsson, three major European operators. Betsson will initially concentrate on BettorLogic’s full range of football services while BetClic Everest and Bwin have signed up for the full range of tennis, NFL and football. Bettorlogic’s Livelogic product provides in-play updates that react to …
The Swedish online gambling group Betsson AB posted its Q1-2014 results Friday, noting that “disadvantageous exchange rate fluctuations” had made a negative impact. Highlights of the report include: * Revenues up at SEK 686.0 (638.7) million. * Gross profit up at SEK 578.7 (540.1) million. * Organic growth adjusted for exchange rate effects still reached …
The acquisition of the Dutch-facing Kroon and Oranje online casino businesses by Betsson has received regulatory approval and has now been completed, according to a Betsson statement Wednesday. Betsson agreed to purchase the holding company, Class One Holding Ltd, for Euro 100 million earlier this year (see previous report) subject to regulatory approval. The consideration …
The Swedish online gambling group Betsson has posted its Q4 and FY 2013 results, showcasing a somewhat weaker quarterly performance but a solid full year. Fourth quarter performance indicators included: * Revenues up at SEK 655.5 (Q4 2012 :651.9) million. * High underlying activity, although revenues were negatively impacted by record low Sportsbook margin in …
The Swedish online gambling operator Betsson AB has announced the acquisition of the Class One Holding Ltd Dutch private online gaming group (based in Malta and comprising Oranje Casino, Kroon Casino and an affiliate business.) The companies primarily target the Dutch market, but Kroon Casino also has a presence in Belgium. “With this acquisition, Betsson …
Betsson AB has appointed Malin Sparf Rydberg in the newly created role of Director of Communications. Rydberg will oversee both external and internal communications and joins the firm from the role of Director of Communications at Friends Arena. “With this recruitment, we will be able to be clearer and more distinct in our communication. We …
December 2013 hirings at the Swedish online gambling group Betsson include former Betfair head of international marketing Peter Weinreich and Markus Aurala, who was previously chief product officer at Mr Green Online Casino. Weinreich has been appointed managing director for Betsson’s Danish market, based in Copenhagen. He is familiar with the region, having worked as …
Since May 2008 Betsson’s land-based betting shop at Götgatan in Stockholm has been a thorn in the side of local officialdom, which has used a variety of bureaucratic tactics to shut down this defiant challenge to their authority. This week they succeeded as the Swedish online gambling group decided to call it a day, having …
Online punters speculated on a massive progressive slot win over the weekend when Net Entertainment’s Hall of Gods jackpot was reset and news of a Euro 6 413 972 jackpot emerged. Net Entertainment had not yet issued a press release on the win when we went to press early Monday. Hall of Gods is a …
Third quarter 2013 results were posted by Swedish online gambling group Betsson on Friday, reporting the following highlights: * Revenues up 14 percent year-on-year to SEK 603.4 (529.5) million. * Operating income rose 27 percent to SEK 152.2 (120.0) million. * Gross turnover in Sportsbook at SEK 3,398.5 (2,921.4) million, an increase of 16 percent. …