- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Betsson’s Chairman to Leave Amid Wave of Distrust

The Swedish iGaming giant Betsson Group has seen its chairman, Patrick Svensk, step down from his position and leave the company following a wave of distrust by Betsson shareholders. The reason behind Svensk’s decision is the critique of his handling of the recent departure of Pontus Lindwall, the company’s former CEO.
Lindwall’s Leave from Betsson
Lindwall’s leave from the company was announced a few days ago, with him feeling fulfilled with his achievements during his time as chief executive officer. Unlike Svensk, Lindwall will not immediately leave the company and will remain as a leader until a successor has been found.
Lindwall had first served as a CEO between 1998 and 2011 and was later re-elected in 2017. Lindwall’s mission during his second term as a chief executive was to operate the “Back on Track” recovery program and guide Betsson to success. In 2021 Betsson marked record-breaking progress, especially in the second quarter of the year, leading the company to announce that Lindwall has fulfilled his task.
“That task has now been completed,” Svensk said in the announcement of Lindwall’s leave, “We are grateful for all the good work Pontus Lindwall has done during these years and the strong foundation he has created for the future.”
Provided the above facts, Lindwall’s removal from the company sparked distrust in Svensk among many shareholders and led to the current events.
Svensk Resigns with Immediate Effect
Because of the distrust, Svensk has resigned with immediate effect. He believes this is a very unfortunate turn of events and addressed the shareholders, apologizing for having disappointed them. He explained his past decisions as something he thought was the best for the company.
“I am proud of what we have achieved during these years and wish everyone at Betsson great luck in the future,” Svensk concluded.
Svensk became a chairman in 2017 after being a board of directors member for more than a decade beforehand. He will now be replaced as chairman by Johan Lundberg.
Lundberg is the founder of NFT Ventures as well as a board member of Ölands Bank, Loomis and Svolder. He became a Betsson board member in 2018. Lundberg spoke on the matter of Svensk’s resignation and “extended a warm thank you” because of the latter’s valuable contributions in the last 17 years.
As for the future of the company, Lundberg is looking forward to working with the rest of the board and recruiting Betsson’s next leader. The directors will seek someone who has the experience and talent to continue pushing the company forward.
Related Topics:
Yasmin is an accomplished iGaming and gaming journalist with over 10 years of experience writing for various publications. Her expertise spans the entire iGaming sector, traditional sports, and online poker. Yasmin's comprehensive knowledge of online gaming adds significant depth to our coverage, making her an invaluable asset to our team.
Previous Article
Industry
September 23, 2021
NHL’s Kane Cleared of Accusations of Gambling on His Own Games

Next Article

Industry
September 23, 2021
NFL Week 3: Buccaneers vs Rams, Time, Odds and Where to Watch
Must Read
Industry
February 7, 2025
UK: Conman Turned Tipster Argues with Bookmakers over Ban
Industry
February 6, 2025
Bill Fails to Snuff Out Indoor Smoking in Mississippi
More Articles
Sports
February 11, 2025
Allwyn Joins Formula 1 as Official Partner, Vows to Empower Fans
Business
February 11, 2025
Entain CEO to Change Again with Gavin Isaacs’ Departure
Industry
February 11, 2025
Google Confirms Update to Its Gambling and Games Policy
Industry
February 10, 2025
Gambling Firms Accused of Illegally Sharing User Data with Facebook
Business
February 10, 2025
Superbet Announces Important €1.3B Injection of Capital
Business
February 6, 2025
Betsson Posts Its Strongest Full-Year Report Yet
Casino
February 6, 2025
Trainwreckstv Questions Xposed’s Deal with Roobet – Real Money?
Business
February 4, 2025
BetMGM Posts 2024 Report, Expects to Meet 2025 EBITDA Goals
Legal
February 3, 2025
Wang Shuiming Arrested in Montenegro for Betting Fraud
Casino
February 3, 2025
Online Gambler Scores €3M Dream Drop Mega Jackpot on a €2 Bet
Industry
January 30, 2025
ICE Barcelona and iGB Affiliate to Set New Attendance Record
Business
January 30, 2025
Evolution Ends 2024 on a Strong Note Despite Rising Headwinds