Tag Archives: Jesper Sogaard

Better Collective ups 2022 earnings guidance following record Q1 opening 

Better Collective AS has declared a ‘record financial performance’, attributed to outstanding US growth that has surpassed all management expectations.  Publishing its Q1 trading update (period ending 31 March), the Stockholm-listed media publisher registered corporate revenues of €67m, up 74% on corresponding 2021 results of €39m. Topline growth was attributed to US market gains, that delivered ‘46% of group revenue …

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Better Collective cools Spotlight Sports M&A speculation

Better Collective AS has branded UK media reports as ‘highly speculative‘ of its’ front runner interest’ in acquiring Spotlight Sports Group for £500 million. This weekend, The Sunday Times reported that private equity fund Exponent LLP, the majority investor of Spotlight Sports since 2016, had placed its racing and betting media asset ‘under starters orders‘  for a sale to be executed in …

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Better Collective nets Futbin €105m takeover to expand esports media presence

Better Collective AS has moved to significantly enlarge its esports media presence by acquiring e-football gaming community Futbin and related assets for €105m in a cash and shares deal.  Registering 50 million monthly visits on its website, alongside a further three million daily actives on its proprietary app, Futbin is recognised as the leading online community and digital resource for players …

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Better Collective acquires Canada Sports Betting to tighten North American grip

Better Collective AB has acquired Canada Sports Betting (CSB), completing a strategic transaction that will guarantee its publishing network presence within the province of Ontario’s online gambling marketplace that is set to launch on 4 April  Updating investors, Better Collective revealed that it had acquired all CSB related assets for a maximum purchase price of €21.4 million – of which …

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Better Collective: “all time high NDCs” fuel 2021 growth

2021 was praised as a “year of many opportunities” for Better Collective, with the firm citing a strong US performance and an “all-time high intake of new depositing customers” contributing to its Q4 growth. Publishing its interim report for the 12 months ended 31 December 2021, Better Collective recorded group revenues of €52.8m – a rise of 44% when compared …

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SBC Spotlight: Jesper Søgaard – “Better Collective stronger on all fronts following 2021 diversification”

Speaking to SBC, Better Collective CEO and Co-Founder Jesper Søgaard looks back at an eventful 2021 that transformed the Stockholm-listed firm’s global outlook by diversifying its business units beyond affiliate publishing… Overall, I think 2021 was a great year in spite of the fact that most of the world was still affected by the impact of COVID-19. However, the pandemic …

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Better Collective praises US performance following record September revenues

A strong performance across its US assets has allowed Better Collective to reach a new monthly revenue record in September. Publishing its interim Q3 report for the three months ended 30 September, Better Collective revealed that group revenue grew by 148% to €45.4 million, up from €18.3 million in Q3 2020.  September’s revenue, which totalled €20.3 million, accounted for 45% …

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Better Collective launches Gamalyze problem gambling tool

Better Collective has launched its Gamalyze responsible gambling product across its primary sports betting media brands, coinciding with Safer Gambling Week 2021. Produced by Mindway AI – acquired by Better Collective earlier this year – the product functions as a self-assessment tool in the form of a virtual card game, and is offered to online gamblers where the player tries …

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Better Collective bolsters Dutch foothold ahead of online market launch

Better Collective has moved to strengthen its position in the Dutch betting and gaming market via two acquisitions, ahead of next month’s online launch.  Separate transactions consisting of upfront payments of €5.9 million and €3.75 million has seen Better Collective acquire sports media website Soccernews.nl and ‘well established’ online sports betting community Voetbalwedden.net. Although Better Collective anticipates a positive impact …

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Better Collective clears H1 high-bar benefiting from breakthrough US results 

Better Collective said that it has executed peak H1 trading, driven by record US results combined with a breakthrough period for its media partnerships. Publishing its 2021 interim results (period ending 30 June), Better Collective registered record Q2 revenues of €40 million, up 162% on corresponding Q2 2020 results of €15.2 million. Period growth was maintained by Better Collective’s publishing …

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