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Gambling News - 'Betsson'
Business
February 6, 2025
Betsson Posts Its Strongest Full-Year Report Yet
Betsson Group has published its results for Q4 and FY 2024, reporting significant business progress amid favorable financial metrics. According to CEO Pontus Lindwall, the company ended its best year even on a very strong note. A Strong End to Betsson’s Best Year In the three-month period ended December 31, Betsson reported a group revenue […]
Sports
January 15, 2025
Betsson Teams up with GameplAI for Boosted Trading Capabilities
Betsson Group, a leading purveyor of sports betting products, has teamed up with GameplAI, a company that provides automated trading products to sportsbooks worldwide. The partnership will help provide localized betting content across Betsson Group’s existing international portfolio, boosting player engagement and enhancing the betting experience across the board. Betsson Group Boosts Local Trading with […]
Business
January 14, 2025
Betsson Management: Svensson & Saliba In, Jabin & Glasfors Out
Nasdaq Stockholm Large Cap-listed engaged owner of fast-growing companies in the online gaming industry, Betsson AB, has announced a series of changes in its group management team. Namely, the group with a bold ambition “to grow faster than the market, organically and through acquisitions” has selected two new roles to form part of management. The […]
Casino
December 23, 2024
Isle of Man Issues $870K Penalty to Betsson Subsidiary
BMO Manx has been targeted in a comprehensive move by the Isle of Man’s Gambling Supervision Commission, which is the gambling regulator in the jurisdiction. The gambling regulator has fined the company $870,000 or £700,000. BMO Manx Hit with Penalty in Isle of Man According to the watchdog, BMO Manx has had shortcomings in its […]
Industry
December 4, 2024
Betsson, Back on Finland’s Payment Blocking List
At the start of the year, Finland blacklisted Betsson subsidiary BML Group, turning it into the pioneering Malta Gaming Authority-licensed company to face such action. Then, Finnish banks and payment providers were ordered to block payments to the operator after the Helsinki Administrative Court fined the group €2.4 million ($2.51 million) for allegedly targeting the […]
Business
October 24, 2024
Betsson Posts Strong Q3 Results, Looks Forward to Favorable FY Report
Betsson has published its interim report for the third quarter of the year, posting record-breaking revenue levels ahead of its launch in Brazil’s regulated market. Betsson’s Q3 Was Underpinned by High Activity in Key Markets Betsson reported group revenue of EUR 280.1 million ($302.6 million) for the period, representing an increase of 18% from EUR […]
Business
September 9, 2024
Betsson May Fuel Strategic Realignment with Three €100M Bonds
Stockholm-listed operator Betsson AB announced it is considering issuing new EUR-denominated senior unsecured bonds with a three-year tenor. The potential issue, valued at EUR 100 million ($110.46 million) under a framework of EUR 250 million ($276.15 million), comes as part of the company’s broader financial strategy to refinance outstanding bonds and support general corporate purposes […]
Business
September 3, 2024
Betsson to Leave the US B2C Market by the End of September
Betsson, an online betting operator, has confirmed its B2C exit from the highly competitive US market. The company’s decision comes amid an ongoing exodus that has seen several B2B and B2C brands leave. Betsson Will Exit Colorado Betsson announced its intention to cease operating Betsafe in America in a recent email to its players. Betsafe, […]
Sports
August 30, 2024
Betsson Joins Premier Padel as Global Betting Partner
Premier Padel, the leading official professional padel tour in the world, has unveiled a new partnership with sportsbook powerhouse Betsson. The new multi-year global agreement will cement the latter company as a dedicated sponsor of the tour. Betsson Will Create Unique Padel Experiences By teaming up with Premier Padel, Betsson will unlock many opportunities to […]
Business
August 2, 2024
Betsson to Acquire Sporting Solutions, In Line with M&A Strategy
Betsson is set to acquire Sporting Solutions, a UK-facing B2B firm that provides operators with cutting-edge sports betting technology. The acquisition, Betsson highlighted, will not disrupt the provision of products to the supplier’s existing partners. The Deal Will Reinforce Betsson’s Business Sporting Solutions was founded in 2007 and has a strong presence in the United […]