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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Ismail Vali – Sweden: The survival of the fittest
Confirmation came this week that the licensing process for the new national gambling code in Sweden has been delayed until 1 August. SBC News took the opportunity to speak to industry consultant Ismail Vali about the number of operators he expects to populate the market, industry benchmarks for gaming legislation, and how to retain players when bonuses become non-permissible as …
Read More »Mr Green agrees to €7 million Evoke Gaming acquisition
Mr Green has agreed to pay €7 million to acquire Redbet owner Evoke Gaming, with the deal expected to be completed in Q1 2018 subject to regulatory approval. Evoke Gaming, who’s brands produced revenues of €15.5 million in 2016, includes the likes of Vinnarum casino, Bertolt, MamaMia and Redbet, a sportsbook, casino and poker provider which Mr Green intends to …
Read More »Digital Sports Tech describes breaking into Nordic market as a ‘landmark moment’
Provider of next generation sports betting solutions Digital Sports Tech (DST) has entered the Nordic sports betting market with its player props and quick pick accumulator products after agreeing a partnership with Coolbet. The new product, branded as “Build Your Bet”, allows Nordic players to create and customise their own performance or proposition bets on any player and statistic for matches …
Read More »GoWild continues expansion with opening of Malta subsidiary
GoWild has announced the opening of its Malta subsidiary in June this year. The new office will house a dedicated team who will purely focus on the company’s continued growth in the Nordic market. The office in Malta is GoWild’s second physical office, which, until now, had been exclusively based in Bucharest, Romania. The company cites the huge boost in business …
Read More »iGB Affiliate launches new event for the Nordic iGaming market
iGB Affiliate has responded to feedback from a survey of affiliates by announcing the launch of a new regional event focused on the Nordic iGaming market. The Nordic Affiliate Conference (NAC) will take place in Stockholm on April 7, 2017, and is expected to be very different to the larger exhibitions in London, Amsterdam and Berlin, with a stronger focus …
Read More »Bet on the Nets with BetOnFinance IPO Game
With a vision of making the financial markets accessible to the man on the street, BetOnFinance has now launched The IPO Game, a new product where you guess the IPO settlement price to win. The current subject of the IPO game is Nets, which has had a turbulent IPO period. Not only has it decreased its price range to 145-160, …
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