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Nordic igaming powerhouse Betsson grew year-on-year revenues by 26% to SEK1,177.5m (£108.98m/€123.23m) in the second quarter of 2017, driven by a strong performance from its core casino component and also sportsbook.
Adjusted for acquisitions undertaken since the comparable quarter last year, the operator achieved an organic growth of 15%.
Nordic online gambling operator Betsson AB has formally requested that the European Commission take disciplinary action against the Netherlands’ restrictive gambling market.
On Monday, Betsson issued a statement urging the European Commission to reopen infringement proceedings that were initiated against the Netherlands in 2006. Betsson’s request w...
Betsson has completed its previously announced acquisition of NetPlay TV.
Last month, the NetPlay TV board of directors accepted a bid of £26.4 million (€30.8 million/$32.9 million) from Betsson, and the two companies this week secured court approval for the deal.
NetPlay TV will now operate as a wholly owned subsidiary of Betsson, with all NetPlay...
Betsson is to expand its service offering into the Spanish gaming market with the acquisition of locally-licensed operator Premier Casino.
The purchase price amounts to €3 million ($3.2 million) in cash, with Betsson hoping to close the deal before the end of the month.
Premier Casino primarily operates as a pure-play casino, although it does hold...
Betsson saw an 11-per-cent year-on-year increase in revenue during 2016.
The Swedish gaming operator, in a trading update, brought in SEK4,117 million (€434,000/$462,000) during the 12 months to December 31.
Its casino division, which made up 71 per cent of total revenue, saw a 14-per-cent rise to SEK2,907 million.
Operating income amounted to...
Betsson’s £26.4 million ($33.5 million/€31 million) bid for Netplay TV has been accepted by the interactive TV gaming company’s board.
The firms said under the terms of the offer, each NetPlay shareholder – should they agree to the deal – would receive 9p in cash for each ordinary share held.
The value of the offer reportedly represents a premium of...
Betsson has acquired horse betting operator RaceBets for an initial fee of €34 million ($36.6 million).
The firm said that RaceBets will complement its own offering with a proprietary horse racing product and an experienced horse betting trading team, adding that the deal will benefit all Betsson brands.
RaceBets holds licences in the UK, Ireland,...