Tag: Betsson

Europe-Bet Scooped up by Betsson for $50 Million

Swedish online gambling group Betsson has announced it will acquire Georgia-based Europe-Bet for US$50 million. An extra $35 million will be paid in 12 months’ time, provided that gambling regulations in the Caucasian country remain favorable, the company said today. The move will fortify the company’s strategic presence in the region, explained Betsson CEO and…

IGT to Provide Online & Mobile Games to Betsson

From Zacks.com International Game Technology (IGT – Analyst Report) will provide its online and mobile games to Betsson, a Maltese sports betting and gaming company. Betsson will have access to IGT’s wide array of free-to-play and casino style games through IGT’s remote gaming server (IGT rgs). GT will offer popular game titles like Cleopatra, Da…

IGT signs Betsson partnership

From iGaming Business American computerised gaming equipment and systems designer and manufacturer International Game Technology (IGT) has signed a deal that will see online gambling operator Betsson AB utilise a selection of its desktop and mobile titles. Las Vegas-based IGT stated that Betsson will ‘significantly increase its online and mobile offering’ for a ‘multitude of…

Mixed first-quarter financials for Betsson

From iGaming Business Online gambling operator Betsson AB has released its interim financial results for the first quarter of the year showing that revenues for the three-month period had increased by 19 percent year-on-year to SEK638.7 million ($97.1 million). February saw Stockholm-based Betsson spend SEK286 million ($45.21 million) in order to purchase the SverigeAutomaten.com, NorgesAutomaten.com…