Finland’s National Police Board has hit BML Group, a Betsson AB subsidiary, with a €2.4m fine alongside a prohibition order against the firm’s marketing activities. The law enforcement agency’s decision was made on 7 April and is due to come into force on 3 July, with the police asserting that BML has targeted mainland Finland with advertising ‘via multiple channels …
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Euro market adjustments see Betsson anticipate a tougher 2021 landing
Betsson AB has maintained confidence in its sports betting operations, with revenue in the sector offsetting a decline in casino, whilst also lauding its acquisitions strategy but acknowledging hurdles in the newly regulated Dutch market. Publishing its Q3 trading update, the Nasdaq Stockholm registered group reported overall revenue of SEK 1,733.3 million, representing a 3% increase on the corresponding quarter …
Read More »Betsson AB promotes Ulrik Bengtsson to Group CEO
Stockholm listed betting operator Betsson AB has confirmed the promotion of Ulrik Bengtsson as new Group CEO & President. The appointment of Bengtsson as Group CEO, ends Betsson AB governances search for its replacement of former leader Magnus Silfverberg. Bengtsson will take over corporate leadership from interim CEO Pontus Lindwall, who is set to return to his previous role of …
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