Tag Archives: Stockholm

Stockholm-listed European sports betting operator Unibet is preparing for the launch of its brand new poker client ‘Unibet Poker 2.0’ which is expected to be launched on 1 December. The operator stated that the release would mark the ‘second generation’ for its in-house developed poker room which it first launched in 2014. The launch of ‘Unibet Poker 2.0’ will be …

“Nolimit City was born out of frustration!” says co-founder Jonas Tegman of the new games development business he has launched with fellow industry veteran Per Lindheimer. “We have both worked for some of the largest suppliers and operators in the market, and from our point of view they are all making the same mistake,” he continues. “Instead of asking operators …

Stockholm-listed European sports betting operator Unibet Plc is on target to deliver its strongest ever full-year performance, following a consecutive ‘all-time high’ quarter performance for Q3 2016 (period ending 30 September). Updating the market, Unibet detailed that period group revenues had hit £142 million (Q3 2015: £83 million). Its strong revenue performance would see Unibet declare a period EBITA of …

Updating the market, industry games developer Yggdrasil Gaming has announced that it is to establish a new parent company and expanded its Stockholm office in order to meet commercial demands. The new parent company will sit at the top of Yggdrasil’s existing corporate structure, with the developer aiming to expand its presence within the thriving Stockholm tech scene. Yggdrasil governance …

Publishing its Q3 2016 trading update (period ending 30 September), Stockholm-listed industry games developer NetEnt AB has reported a further consecutive quarter of top-line growth on all metrics. Closing its Q3 2016, NetEnt would record a corporate revenue increase of 27.7% to SEK 357.4 (Q3 2015: 279.8 million). Its strong revenue performance would see the games developer post operating profits …

Stockholm-listed online sports betting group Betsson AB has recovered from a disappointing Q2 2016 performance, posting a 9% increase in corporate revenues to SEK 1.06 billion (€110 million) for its Q3 2016 corporate performance (period ending 30 September). Presenting its Q3 update, Betsson governance detailed top-line metric growth across all its core verticals, as the operator recorded a period operating …

Stockholm-based slots and games developer Quickspin has confirmed the appointment of Tomas Bergendal to the role of Sales Director as the firm looks to grow its presence in regulated and emerging markets following its May acquisition by FTSE-listed Playtech for €50 million. Joining Quickspin Bergendal will be responsible for overseeing the sales department and expanding the firm’s reach into new …

NetEnt has hired Therese Hillman as its new Chief Financial Officer (CFO), starting on January 9, 2017. Hillman is also part of the audit committee on the board of directors at Unibet. A member of the board of directors at Unibet since May 2015, Hillman has spent the past five years as CEO of Gymgrossisten, a subsidiary of the Qliro Group. She …

Updating the market, Stockholm-listed Cherry AB (Cherry) has announced that it has expanded its current Swedish gambling portfolio by acquiring Betman AB assets. The agreed acquisition will see Cherry takeover Betman’s ‘restaurant casino’ points in fifteen venues within the Swedish districts of Stockholm, Sälen and Visby. Cherry governance detailed that the sale price would amount to a total of SEK 3.9 …

Stockholm Nasdaq-listed online sports betting solutions provider Kambi has closed a successful first half to 2016, stating that its corporate performance has been driven by ‘exceptional operator turnover growth’. Presenting its Q2 2016 interim results (unaudited period ending 30 June), Kambi would declare group revenues of €13.7 million (up 28% on Q2 2015: €10.7 million). Its uplift in revenues would …