The board of Scout Gaming Group has notified investors that acting CEO Niklas Jönsson has agreed to take on the full leadership responsibilities of the Nasdaq Nordic daily fantasy sports group. Jönsson has served as Scout Gaming’s acting CEO since June 2022 following the resignation of Andreas Ternström. Scout Gaming is currently undertaking a strategic reorganisation of its business strategy …
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Scout Gaming requires desperate funding for intensive restructure
Niklas Jönsson, acting CEO of Scout Gaming, has disclosed that the real-money fantasy sports platform supplier has entered an intensive restructuring period. Publishing its Interim trading report, Scout Gaming reported year-to-date corporate losses of SEK 48m (€4.5m), results which track above 2021 losses of SEK 45m. Jönsson, who replaced former CEO Andreas Ternström in June confirmed that he had initiated …
Read More »Scout Gaming seeks new CFO following Billy Degerfeldt departure
Scout Gaming has informed the Nasdaq Nordic Exchange that Billy Degerfeldt has stood down as Chief Financial Officer of the company. The Stockholm and Malta based B2B real-money fantasy sports platform provider has initiated an executive search to find Degerfeldt’s replacement. Scout Gaming confirmed that Degerfeldt had a notice period of three months, as the company undertakes its succession plans. …
Read More »Scout Gaming backs network capacity as enterprise growth continues
Scout Gaming Group remains confident of its long-term business strategy and future commercial prospects after delivering growth to its investors. Despite numerous COVID challenges interrupting its standard trading, the Nasdaq Nordic listed B2B fantasy sports supplier recorded full-year corporate revenues of SEK 47 million (€4.6m), up 85% on corresponding FY 2019’s SEK 26 million. Revenue growth was supported by a …
Read More »Scout Gaming eyes next stage of growth following strong Q3
Scout Gaming Group will aim to deliver a strong close to its 2020 trading, after the B2B daily fantasy sports software supplier reported that it had benefited from the return of a full sports calendar. Publishing its Q3 trading update for the period ending 30 September, Scout reported ‘record’ corporate revenues of SEK 15 million (€1.5m), an 85% increase on …
Read More »Scout Gaming secures £6.5m through bookbuild
B2B Daily Fantasy Sports provider Scout Gaming Group has completed two directed share placements in which the firm has received an estimated £6.5m (SEK75m) and over three million new shares. In total the firm issued 1,835,062 shares through an accelerated ‘book building’ procedure, which calculated to around SEK45m. Additionally the firm’s second share issue was through US-based institutional investor Topline …
Read More »Scout Gaming rolls out esports betting
B2B fantasy sports platform provider Scout Gaming has moved to expand its portfolio. confirming the launch of its esports betting offering across its network of partners. Launching its new vertical, Stockholm-listed Scout Gaming underlines that it is committed to expanding its availability of esports content during the coming weeks, as industry incumbents navigate COVID-19 disruptions. The esports offering will be …
Read More »Norsk Tipping exploring fantasy sports option with Scout Gaming
Scout Gaming, a supplier of B2B fantasy sports solutions for regulated market incumbents, is working with Norwegian state-owned wagering monopoly Norsk Tipping to develop a licensed real-money fantasy sports proposition. The partnership is formed as Norsk Tipping seeks to expand its regulated wagering services for Norwegian sports audiences. Norsk Tipping serves as Norway’s sole lottery, instant win and sports betting …
Read More »Private bookbuild sees Scout Gaming raise €3.5m capital
Issuing a market filing, Stockholm-listed Scout Gaming AB confirms that it has raised SEK 36 million (€3.5m) in working capital having completed two direct share placements selling approximately 3 million of company shares. Scout governance had been granted rights to sanction the transaction at the Stockholm firm’s AGM on 23 May 2019. The two share placements were directly issued to …
Read More »Logrand paves the way for Scout Gaming’s Mexican entry
Fantasy sports supplier Scout Gaming Group has signed a licence agreement with Logrand Entertainment Group, which it lauds as having particular “strategic importance”. Giving Logrand access to its full fantasy sports platform, launch is expected to commence in the first half of the year on the Mexican company’s online brand Strendus. Praising the possibilities of the deal, Scout Gaming states …
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