Tag Archives: Sweden

Swedish slot supplier Play’n GO has signed a landmark agreement with international gaming operator Paf, with the Åland-based company’s award-winning suite of mobile and desktop content available to the operator’s players for the first time. The multi-year deal, which is understood to be for an initial three-year period, will see award-winning premium titles like Gemix, Grim Muerto and Eye of …

European gambling technology and software provider BetConstruct has announced that it will add OMI Gaming (OMI) content to its online casino platform. Securing a multi-year content partnership, BetConstruct will add OMI titles to its Spring Platform widening its games selection for European igaming clients. Partnering with OMI, BetConstruct selects one of the industry’s newer games developers. The Stockholm-based games developer …

Swedish state-owned gambling operator Svenska Spel, has moved to expand its board to ten members, by confirming the appointments of Eivor Andersson and Carina Olson to its corporate governance. The operator confirms the board appointments following its annual general meeting held on 20 September. The Svenska Spel board gains Eivor Andersson a leisure industry expert, who currently serves as Chief …

Anders Ström the founder and current Chairman of the Board of Unibet Group Plc (Unibet) has sold 1,493,800 shares in the Stockholm-listed European online betting operator. Issuing a market update, Unibet governance confirmed that Ström had executed the share sale through Veralda Investment Ltd on the 31 of August. Following the transaction, Veralda Investment owns 10,266,200 shares in Unibet, corresponding to approximately …

Stockholm-listed Cherry AB online games developer Yggdrasil Gaming (Yggdrasil) has reported a continued strong momentum for its H1 2016 performance, as the company secured eight new licence agreements during the first half of the year. Updating the market, Yggdrasil would declare a 661% increase in corporate revenues to SEK 34.1 million (£3 million). Driven by increased player activity on its gaming …

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 …

The governance of Swedish state-owned gambling operator Svenska Spel has stated that it is pleased with 2016 corporate performance thus far, as the company maintained its financial performance despite facing ‘tough market competition’. Presenting its H1 2016 results (period ending 30 June), Svenska Spel would reveal net gaming revenues of SEK 4.4 billion (£385 million), in-line with 2015 performance. The …

Governance of Stockholm-listed NetEnt AB (NetEnt) are positive of meeting all 2016 corporate expectations, following the closure of a successful Q2 2016, in-which the company published operating profits of SEK 122 million (£11 million), up 32% on Q2 2015’s SEK 92 million. Boosted by securing twelve new customer agreements during the period, NetEnt saw its Q2 corporate revenues reach SEK …

European igaming operator Cherry AB  has confirmed that it has decided to issue a four-year senior secured bond in the amount of €50 million, with maturity on July 11, 2020. The net proceeds will be used to partly finance the acquisition of 49% of the shares in ComeOn Malta Ltd (tranche one) with an option to acquire the remaining 51 % …

Issuing a preliminary Q2 2016 trading update Stockholm-listed online betting operator Betsson AB has detailed that its corporate performance has been impacted by lower sportsbook revenues and continued exchange rate fluctuations. Updating investors ahead of its full Q2 2016 performance breakdown, Betsson governance detailed that it expected to post group revenues between SEK 920–945 million, with the company targeting a …