Tag Archives: Tomas Backman

Swedish CEOs challenge ‘unrealistic demands’ against threat of igaming becoming obsolete

SBC News Swedish CEOs challenge ‘unrealistic demands’ against threat of igaming becoming obsolete

A consortium of Swedish online gambling companies have ‘unanimously contested’ the Ministry of Finance’s proposals to place further restrictions on online gambling licensees. In a joint statement issued by Swedish igaming trade body BOS, nine CEOs have called for the government to reconsider the ‘unrealistic proposals’, which are said to ‘play into the hands of the unlicensed market’. The statement …

Read More »

Swedish leaders warn Minister Shekarabi of channelisation consequences  

SBC News Swedish leaders warn Minister Shekarabi of channelisation consequences  

CEOs of Sweden’s leading igaming operators have warned health minister Ardalan Shekarabi not to ‘torpedo his own gambling regulations’, emphasising that further restrictions on the sector will result in an increase of punters betting via unlicensed operators. As health minister overseeing Sweden’s response to the coronavirus pandemic, Shekarabi has ordered Swedish parliament to adopt a series of temporary online gambling …

Read More »

GiG goes all in with diversity commitments

Copyright: andreypopov / 123RF Stock Photo

Gaming Innovation Group (GiG) has become the latest firm to join the All-in Diversity Project, becoming a founding member as it underlines its commitment to the sector. Currently in its inaugural year, the industry driven initiative aims “to benchmark diversity, equality and inclusion for the global betting and gaming sector.” Highlighting an ongoing strategy to the improvement of diversity in …

Read More »

Gaming Innovation Group acquires Betit Holdings for €54 million

SBC News Gaming Innovation Group acquires Betit Holdings for €54 million

Updating the market, Oslo-listed Gaming Innovation Group (GIG) has confirmed that it has entered a binding agreement to acquire Scandinavian online gambling operator Betit Holdings (Betit) in a deal valued at €54 million. Signing a ‘letter of intent’, GIG is set to issue 153 million new shares in order to inherit Betit assets. Furthermore, industry venture financier Optimizer Invest, a leading …

Read More »

Betit Group launches Kaboo with EveryMatrix

SBC News Betit Group launches Kaboo with EveryMatrix

Continuing its long standing partnership with Malta based igaming operator Betit Group, industry software and platform provider EveryMatrix has announced the launch of Kaboo. The new casino represents Betit Group’s third title utilising EveryMatrix igaming provisions GamMatrix and CasinoEngine. Kaboo will expand Betit Group casino brand inventory which includes Thrills Casino and SuperLenny. Kaboo is a gamification led, mobile focused …

Read More »