Tag Archives: Sweden

Updating the market, Swedish Aktietorget-listed igaming operator ahaWorld has detailed that it will enter the South American betting market having acquired a majority of equity in an unnamed regional operator. ahaWorld governance informed investors that the company had signed a ‘letter of intent’ for the transaction of a 51% stake in the South American enterprise. The operator will further be …

The Listing Committee of the Stockholm Nasdaq has granted European igaming operator Mr Green & Co AB (Mr Green) the right to a public offering on its stock exchange. Updating the market and company stakeholders, Mr Green governance declared that the operator would target a 30 November float on the Stockholm Nasdaq moving its prime listing from the Swedish mid-size …

Updating the market Stockholm-listed European online gambling operator Betsson AB has confirmed that it has been approved an unsecured bond valued at SEK 1 billion (£86 million). Betsson governance detailed that the bond has a three-year tenure, maturing as of November 2019. At the start of this week, Betsson updated the market declaring that it had issued a mandate to …

Issuing a short market update, Stockholm-listed European sports betting operator Betsson AB (Betsson) has confirmed that it has issued a mandate to Nordic investment banks’ DNB Markets (Norway) and Swedbank (Sweden) ‘to arrange fixed income investor meetings starting  14 November 2016’. The betting operator is seeking to secure a three-year bond issue (sum undisclosed), with the proceeds used to facilitate …

Issuing a short corporate statement, Stockholm-listed European sports betting operator Unibet Group Plc (Unibet) has confirmed that it has become the first online gambling firm to integrate BankID in Sweden. Sweden’s BankID is a user electronic identification system which will allow the operator to action faster and more efficient authentication & verification processes for its customers In its corporate update, …

New online casino games developer Red Tiger Gaming has confirmed the appointment of Carl Ejlertsson as Account Director, as the company begins to expand its commercial capabilities. Ejlertsson joins the new industry slots developer from European operator Betsson Group AB, where he served he held a number of igaming management positons including that of Casino Insights Lead. Confirming the appointment, Red …

Mikael Pawlo the former Chief Executive and co-founder of European igaming operator Mr Green & Co (Mr Green), has invested in Gothenburg (Sweden) start-up Football Addicts (www.footballaddicts.com) the developers of next generation live score app, Forza Football. The undisclosed funding round was carried out by Pawlo’s private investment firm Derzhava, who acquired its equity from existing shareholders. Football Addicts aims to …

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 …