Tag Archives: Stockholm

Pontus Lindwall – ‘No Cost Saving Plan’ for Betsson’s 2018 recovery

SBC News Pontus Lindwall – ‘No Cost Saving Plan’ for Betsson’s 2018 recovery

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 …

Read More »

2.0 Expansion Strategy pays dividends for Mr Green in 2017

SBC News 2.0 Expansion Strategy pays dividends for Mr Green in 2017

European online gambling group Mr Green & Co (Mr Green) has declared 2017 as its ‘most successful year in business’, as the company delivers on its ‘Mr Green 2.0’ corporate expansion strategy. Reporting its fifth consecutive quarter of all-metric growth, Nordic Nasdaq-listed Mr Green breaks the SEK 1 billion mark in group revenues for 2017, recording total revenues of SEK …

Read More »

Tougher regulatory requirements see NetEnt report Q4 2017 revenue & earnings lag

SBC News Tougher regulatory requirements see NetEnt report Q4 2017 revenue & earnings lag

Publishing a corporate update, Stockholm-listed industry games developer NetEnt has detailed that its Q4 2017 results (period ending 31 December) will ‘lag behind market forecasts’. Updating stakeholders, NetEnt governance expects to deliver Q4 2017 corporate revenues of SEK 419 million (Q4 target: SEK 447 million), combined with a period EBIT of circa SEK 150 million (Q4 target: SEK 170 million). …

Read More »

En Marche! Kambi extends Belgium vision with Napoleon Games

SBC News En Marche! Kambi extends Belgium vision with Napoleon Games

Industry sportsbook platform and technology supplier Kambi Group Plc, has confirmed that it has secured a multi-year contract extension with Belgian partner Napoleon Games. Kambi informs that Napoleon Games a client since 2012 has agreed to a long-term commitment utilising Kambi as its lead systems supplier for its online and retail betting provisions. Updating the market, Kristian Nylén Kambi Group Chief …

Read More »

Fast growth LeoVegas AB appoints Caroline Palm as Group HR lead

LeoVegas

Stockholm-listed online gambling group LeoVegas AB has confirmed the appointment of Caroline Palm to the executive position of Chief Human Resources Officer (CHRO). Appointed as LeoVegas’ first ever group HR lead, Palm joins the online gambling operator from Swedish health and environmental technology conglomerate Serendipity Group AB, where she served as Group Head of HR (2013-2017). Palm, who will begin …

Read More »

LeoVegas promotes Jarl Modén to Group CPO

LeoVegas

Updating the market, Stockholm-listed online gambling operator LeoVegas Group AB has confirmed the promotion of Jarl Modén to the senior executive position of Chief Product Officer (CPO). Modén has been a LeoVegas product executive since 2014, acting as a key stakeholder in a number of group projects and tech developments. Modén most recently held the position of Head of Product …

Read More »

Mr Green moves home office to ‘Epicenter Stockholm’

SBC News Mr Green moves home office to 'Epicenter Stockholm’

European online gambling group Mr Green & Co has moved its Stockholm ‘home office’, to specialised technology development centre ‘Epicenter Stockholm’, as the company seeks to bolster its employees’ within a ‘heightened tech & innovation environment’. Mr Green’s move to the Epicenter building will see the company merge its Stockholm head operations and technology teams under one location. Updating stakeholders, …

Read More »

Gambling.com strengthens board & guidance with Fredrik Burvall appointment

SBC News Gambling.com strengthens board & guidance with Fredrik Burvall appointment

Updating the market, industry affiliate Gambling.com Group has informed that former Cherry AB Chief Executive Fredrik Burvall has joined its board of governance as the company undertakes an aggressive M&A led future growth strategy.   A seasoned industry executive, Burvall has held a number of executive positions at Cherry AB, guiding the company through a series of successful growth initiatives. …

Read More »

Worldwide operational expansion sees Kindred move to new Wimbledon office

SBC News Worldwide operational expansion sees Kindred move to new Wimbledon office

Stockholm-listed online gambling operator Kindred Group Plc has moved its UK staff into a new purpose-built ‘Kindred House’ office building in Wimbledon. The European operator has been based in Wimbledon (London SW19) since 1997, where Kindred has primarily housed its marketing and commercial corporate functions. Speaking to SBC, Alex Westrell Group Head of Communications for Kindred Group, detailed that the …

Read More »

Catena appoints Pia-Lena Olofsson as Group CFO

SBC News Catena appoints Pia-Lena Olofsson as Group CFO

Updating the market, Stockholm-listed industry affiliate marketing network Catena Media has confirmed the promotion of Pia-Lena Olofsson as new Group Chief Financial Officer (CFO). The executive appointment sees Olofsson current CFO of Catena Operations replace Claes Wenthzel as Catena group finance lead. Catena governance informs that Wenthzel has chosen to leave the company due to family reasons. Wenthzel will oversee …

Read More »