{"id":4713,"date":"2024-02-20T11:55:27","date_gmt":"2024-02-20T11:55:27","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=4713"},"modified":"2024-02-20T11:55:31","modified_gmt":"2024-02-20T11:55:31","slug":"key-acquisitions-help-betsson-strengthen-its-position-in-the-european-market","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/02\/20\/key-acquisitions-help-betsson-strengthen-its-position-in-the-european-market\/","title":{"rendered":"Key Acquisitions Help Betsson Strengthen Its Position in the European Market"},"content":{"rendered":"\n<p><strong>Betsson<\/strong> strengthened its influence in Europe by acquiring <strong>Holland Gaming Technology<\/strong>, a gaming operator licensed in the Netherlands, and <strong>Holland Power Gaming<\/strong>, a Dutch gaming studio that creates casino games.<\/p>\n\n\n\n<p>The total transaction value is \u20ac 27.5 million, financed from its own liquid assets and does not include cash and debt.<\/p>\n\n\n\n<p>Holland Gaming Technology distributes its games through the websites www.goldruncasino.nl and www.goldruncasino.com, while <strong>Holland Power Gaming B.V<\/strong>. is the sole game supplier for Holland Gaming Technology.<\/p>\n\n\n\n<p>The acquisition will gradually contribute to the growth of revenues from local regulated markets, expressing Betsson&#8217;s strategic ambitions to achieve profitable development through expanding its geographical presence.<\/p>\n\n\n\n<p>The acquisition continues to strengthen Betsson&#8217;s position, following two consecutive record financial results and key performance indicators. Last week, the company announced that corporate group revenues for 2023 were \u20ac948 million, up 22% from 2022 results of \u20ac777 million.<\/p>\n\n\n\n<p>Pontus Lindwall, CEO at Betsson, said: \u201cThe share of revenue from locally regulated markets continued to increase and amounted to 45.9 per cent (34.2 per cent) in the fourth quarter.We see a continued positive development where more countries introduce regulation to enable online gaming with local gaming licenses and reasonable conditions for players and operators. In 2024, Peru and Brazil are expected to introduce licensing systems for online gaming, and Betsson is preparing to apply for gaming licenses in these markets.\u201d<\/p>\n\n\n\n<p>On future plans, Lindvall added: \u201cI look forward to 2024 with confidence. Betsson is well-positioned for continued value creation thanks to a strong financial position, proprietary technology, an attractive customer offering, and \u2013 above all \u2013 our employees. I would like to thank our employees for all their great efforts in 2023 and also extend my gratitude to our shareholders for the trust they have shown.\u201d<\/p>\n\n\n\n<p>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/bit.ly\/3BHW1zr\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Betsson strengthened its influence in Europe by acquiring Holland Gaming Technology, a gaming operator licensed in the Netherlands, and Holland Power Gaming, a Dutch gaming studio that creates casino games. The total transaction value is \u20ac 27.5 million, financed from its own liquid assets and does not include cash and debt. Holland Gaming Technology distributes [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":4714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[8,21,1],"tags":[455,50,90,2784,7279,7278,7280,207],"class_list":["post-4713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino","category-features","category-news","tag-betsson","tag-casino","tag-europe","tag-finance","tag-gamingoperator","tag-hollandgamingtechnology","tag-hollandpowergaming","tag-license"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Key Acquisitions Help Betsson Strengthen Its Position in the European Market - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/20\/key-acquisitions-help-betsson-strengthen-its-position-in-the-european-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Acquisitions Help Betsson Strengthen Its Position in the European Market - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"Betsson strengthened its influence in Europe by acquiring Holland Gaming Technology, a gaming operator licensed in the Netherlands, and Holland Power Gaming, a Dutch gaming studio that creates casino games. The total transaction value is \u20ac 27.5 million, financed from its own liquid assets and does not include cash and debt. 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