Tag Archives: Ulrik Bengtsson

New look William Hill leadership confident of delivering successful ‘next chapter’

William Hill’s new leadership team is confident of delivering the FTSE bookmaker’s ‘next chapter’ having closed a group-wide transformative 2017. The bookmaker’s £238 million impairment charge on the value of its Australian business, dominated industry headlines last week, as William Hill Chief Executive Philip Bowcock presented full-year 2017 results. Despite the Australian downturn, Bowcock details to investors that William Hill has undertaken …

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Betsson seeks new CEO as Ulrik Bengtsson departs with immediate effect

Stockholm-listed European online gambling group Betsson AB  has this afternoon confirmed the departure of Ulrik Bengtsson as Group President & CEO. Updating corporate stakeholders, Betsson informed that Bengtsson had chosen to leave the leadership position with immediate effect. Betsson governance informs that moving forward CEO duties will be filled by Chairman of the Board Pontus Lindwall on an interim basis until …

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New European football season sees Betsson launch new mobile betting product

Ahead of the start of a new European football season this August, Stockholm-listed online gambling group Betsson AB has announced the launch of its new mobile betting platform for its brands of Betsson, Betsafe and Nordicbet. In its H1 interim update, Betsson governance had alerted stakeholders that the company would move to relaunch the mobile betting offering of certain brand …

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Ulrik Bengtsson – Betsson fine tuning casino & betting products for UK expansion

Presenting to investors Betsson AB’s H1 2017 interim report, company CEO Ulrik Bengtsson states that his firm has recovered and further progressed its position from a turbulent 2016 in which the operator faced multiple operational challenges. Having emphasised product development and strategic acquisitions, Bengtsson states that Betsson has comeback stronger, ‘increasing its market share in the ultra-competitive Scandinavian online gambling market‘ and …

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Strategic product Investments reap H1 2017 rewards for Betsson AB

Stockholm-listed European online gambling group Betsson AB has detailed a strong six month opening to 2017, driven by ‘organic growth’ in its Scandinavian and Western markets, as the company continues to support its operations with strategic product investments. Presenting its H1 2017 trading update (period ending 30 June), Betsson would detail all ‘core metric gains’ on corresponding 2016 period performance, …

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Tough Opening…Currency impacts & increased tax duties hit Betsson AB’s Q1 2017 performance

Publishing its Q1 2017 interim results (unaudited period ending 31 March), Stockholm-listed European online gambling group Betsson AB has reported that its period earnings and profit results have been impacted by negative currency fluctuations, increased market taxes and player friendly results recorded by its sports betting division. Updating investors, Betsson would report a 10% increase in group revenues to SEK …

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Betsson AB appoints Telenor’s Kaaren Hilsen as new CFO as group continues European expansion

The governance of Betsson AB has confirmed the appointment of Kaaren Hilsen as new Group Chief Financial Officer (CFO) replacing long-term incumbent Fredrik Rüdén who will depart the operator this coming August. Issuing a corporate communication, Betsson informs that Hilsen will join the firm’s executive team ‘no later than 1 November’. Hilsen joins the Stockholm-listed online gambling operator from Telenor …

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Betsson completes £26 million acquisition of NetPlay TV

Stockholm-listed Betsson AB has confirmed that it has completed its £26 million acquisition of UK interactive gaming operator NetPlay TV (deal first announced on 2 February). Updating the market, Betsson governance informed that its offer had passed all conditions of the UK High Court of Justice, allowing for the firm to complete its transaction. Prior to High Court approval, Betsson …

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EGBA confirms Betsson AB as latest industry partner

Brussels-based industry body the European Gaming & Betting Association (EGBA) has confirmed that Stockholm-listed European sports betting operator Betsson AB (Betsson) has joined its member body. Betsson along with EGBA members will push for better industry representation and communication with European market regulators and policy makers. Furthermore, as an EGBA member Betsson will participate in group directives relating to industry …

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Betsson delivers growth despite turbulent 2016

Stockholm-listed European sports betting operator Betsson AB is pleased to have grown its core business metrics, despite facing multiple operational challenges and unfavourable conditions throughout 2016. Closing its 2016 performance, Betsson governance was pleased at the company’s ‘positive development’ which had seen the operator overcome severe currency fluctuations and lower betting margins impacts in H1 2016. Furthermore, repeating all-round industry …

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