Betsson Strengths To The Launch Of Eurpebet

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May 31, 2022
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Betsson Strengths to The Launch of Eurpebet

Betsson has expanded its operations in eastern europe, taking a position in the stakes sector and gambling in belarus, running your european brand.

The new brand will include sports rates, online casinos and poker suggestions, which will be the first time will be offered online poker, for this, agreements with several gambling suppliers have been concluded.

In addition, the company registered on the nasdaq stockholm plans to integrate the offer for live casinos in the coming weeks, while the "wider portfolio of games from other suppliers will also be included in the new platform.

Running coincides with the opening of the capital of belarus minsk, who is responsible for servicing customers, as well as for administrative and operating operations.

Pontus lindval, general director of betsson, noted:

"Based on europeebet success in georgia, expansion to neighboring belarus is a natural step in our business growth strategy. We began to learn this market back in 2019 and since then we are preparing for this expansion. As an operator, we will present a high-quality and interesting product, excellent customer service, innovative technologies, as well as provide many employment opportunities in our new office in minsk.

Extension is a consequence of the acquistion of betsson two licenses at hellenic gaming commision (hgc) in may – one for sports betting, which consolidated its position on recently restructured greek market.

Following strategies similar to the belarusian expansion, betsson has previously opened the technical support center in athens before receiving licenses.

Last week, betsson published a report on trade operations for the second quarter, in which the high results of the bookmaker office were identified as the driving force of success in 2021, associated with the european uefa 2020 european championship and football tournaments copa america.

The company registered a significant increase in its trading margin at the rates for sport to 8.5%, indexing it above the moving average margin in eight blocks of 7.4% and helping the company to compensate for regulatory obstacles in norway and sweden.

The betsson group revenue is predicted from 1.73 to 1.75 billion swedish crowns of the bookmaker and the "favorable product range", while the most strong quarter of the quarter from the point of view of ebit.

Source: sbc news

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