Tag Archives: betsson

Betsson named as the Official European Betting Partner of Alfa Romeo Racing

Stockholm-listed Betsson AB has been named as the new exclusive Official European Betting Partner for Alfa Romeo Racing as part of a new multi-brand deal. The new deal is set to cover a number of the Betsson Group brands, including Betsafe, Betsson and StarCasinò. The deal will see the operator’s branding shown on the Alfa Romeo Racing Car at the …

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Betsson overcomes Swedish adjustment period to post Q1 regional gains

Stockholm-listed Betsson AB has declared a strong start to 2019 trading, as the company reports ‘strong regional growth’ offsetting adjustments within its home market of Sweden. Publishing its Q1 2019 trading update (period ending 31 March), Betsson records a 10% group revenue increase to SEK 1,330.6 million (Q12018: SEK 1,210m), detailing growth across its casino (+10%) and sportsbook (+13%) verticals. Updating …

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Betsson rebrands ‘Oranje & Kroon’ Dutch online casino properties

Stockholm-listed Betsson AB has confirmed that it will rebrand its two Dutch-facing online casino properties of Oranje Casino and Kroon Casino. Moving forward, Kroon Casino will operate under its new identity of ‘Casino Winner’, whilst Oranje Casino will be rebranded to ‘Loyal Casino’. Betsson has operated both online casinos since 2014, forming part of its €40 million acquisition of Oranje …

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GVC and Hero become the latest to join Swedish gaming association

SafeEnt

GVC Holdings and Hero Gaming are the two latest gaming operators to join the Swedish industry association Branschföreningen för onlinespel (BOS) which encourages probity, integrity and social responsibility for operators. The membership is set to apply to all gaming brands under the GVC and Hero umbrellas, including GVC’s bwin, PartyPoker and PartyCasino. For Hero, this will cover its Casino Heroes, …

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Betsson appoints Martin Öhman as new Group CFO

Issuing a market update, Stockholm-listed Betsson AB has confirmed the appointment of Martin Öhman as inbound Group Chief Financial Officer (CFO), joining Betsson leadership on 1 September 2019. The appointment sees Betsson governance end its six-month executive search for a new corporate financial lead, following the departure of former CFO incumbent Kaaren Hilsen, who returned to Telenor Sweden last September. …

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BetVictor appoints Matt Parkes to oversee brand and creative division

In a bid to revamp its brand and creative division, online bookmaker BetVictor has appointed Matt Parkes as its new Director of Brand and Creative. As part of the new role, Parkes is tasked with offering strategic direction to the brand to build on its current operational success, as well as ensuring brand consistency across channels and overseeing brand positioning, …

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Dutch KSA increases illegal online gambling fines as part of policy review

Dutch regulator Kansspelautoriteit (KSA) has upped its minimum illegal online gambling sanctions from €150,000 up to €200,000 following the decision from the country’s Senate to approve its Remote Gaming Act. The fines, which come into force today, may be subject to change depending on the number of illegal sites and games as well as the number of bonuses and prizes …

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WATCH: Jesper Svensson discusses keeping a sportsbook up to date

With constant innovation occurring in the technology space, operators can often find it difficult to ensure that sportsbook technologies do not become outdated. At this year’s ICE conference in February, SBC caught up with Betsson’s CEO, Jesper Svensson, who pointed out that it can often be difficult to maintain technological innovation. He told SBC: “We are having very good momentum …

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Lotteritilsynet deepens Norway payment blackout

Norway’s gambling authority Lotteri-og Stiftelsestilsynet (Lotteritilsynet), continues its hardened stance against remote gambling operators, deemed to be illegally targeting national consumers. Upping its command on restricting remote gambling services, this weekend Lotteritilsynet revealed that it had ordered all Norwegian licensed banks to block payment transactions which could be identified for the purposes of online gambling. The Times of Malta reports …

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Pontus Lindwall: Robust Betsson will meet industry’s multiple 2019 challenges

Publishing its Q4 and full-year 2018 results, the governance of Stockholm-listed online gambling group Betsson AB, has detailed a successful year-1 integration and execution of its corporate recovery programme. Product and operational efficiencies see Betsson post its ‘third successive all-time-high’ quarter, recording corporate Q4 2018 revenues MSEK 1,436.6 (Q4 2017: 1,256.4), running alongside a 56% EBIT increase to MSEK 341.5 …

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