Tag Archives: Pontus Lindwall

The Netherlands Gaming Authority, De Kansspelautoriteit (KSA), has issued a €300,000 fine, to Corona Ltd for offering gaming to customers in the country without the required local licence. Corona, a subsidiary in the Betsson group and operator of the Oranje and Kroon online casino brands, has detailed that it is currently locked in internal deliberations and assessments, as the group …

Updating investors on Betsson AB’s interim 2018 results, Group Chief Executive Pontus Lindwall has declared that ‘confidence is back in the business’. Lindwall who regained leadership of Betsson AB in September 2017, following the departure of former incumbent Ulrik Bengtsson, would implement a ‘corporate efficiency program’ following a lacklustre 2017 trading. Named the ‘back on track plan’ by Betsson governance, …

Group increases across the board have been reported by Betsson AB in the online gambling organisations latest interim report, covering the period from 1 January – 30 June of this year. Increased efficiency, product upgrades and a systematic following of its “back on track plan,” centred around the four strategic areas of growth in core markets, product and technology, efficiencies and …

Presenting Betsson AB’s Q4 2017 quarterly update, Group Chief Executive Pontus Lindwall is upbeat with regards to his firm’s 2018 outlook, despite recent setbacks. Lindwall the former Betsson AB Group Chairman, who last September retook leadership of the Stockholm-listed enterprise, following the departure of Ulrik Bengtsson as CEO, outlines the group’s ‘restructuring plan’. Closing a turbulent 2017, in which Betsson …

Despite recording a strong end-of-year, Stockholm-listed online gambling group Betsson AB has reported full-year 2017 declines in operating income and earnings, as governance moves to streamline company operations. Publishing its 2017 results, Betsson would record, improved Q4 2017 group revenues of SEK 1,25 billion boosted by favourable sporting results recorded during the Q4 trading period. However, Betsson has had to …

Stockholm-listed European online gambling group Betsson AB has this morning informed that it will reduce its corporate headcount by approximately 160 employees as group governance seeks to ‘streamline the organisation’. Updating the market, Betsson has executed its organisational restructure across all group offices, as Betsson governance seeks to deliver annual corporate savings of SEK 50-60 million (€5-6 million). “In cooperation …

Gaming operator Betsson recorded growth of 11% compared to the same quarter last year, but CEO Pontus Lindwall has described the overall growth for the period as unsatisfactory. Lindwall also pointed to the lack of development from NetPlay, a UK interactive gaming operator acquired by Betsson back in April, as cause for concern, and noted that measures are in place …

Stockholm-listed European online gambling group Betsson AB  has this afternoon confirmed the departure of Ulrik Bengtsson as Group President & CEO. Updating corporate stakeholders, Betsson informed that Bengtsson had chosen to leave the leadership position with immediate effect. Betsson governance informs that moving forward CEO duties will be filled by Chairman of the Board Pontus Lindwall on an interim basis until …

Issuing a market update, the governance of Stockholm Nasdaq-listed Betsson AB has informed that the company has changed its investor dividend policy ‘in order to increase the company’s financial capabilities’ in order to be active in the consolidated European online gambling sector. The new dividend scheme will be applicable as of this year and will see Betsson governance reduce its …