Betsson beats Q2 COVID blues with record revenue

Any business looking to stay ahead of corona virus-induced financial catastrophe should study the folks running Betsson. The Stockholm-based gambling operator posted record revenue during Q2 2020 - which was arguably one of the worst quarters in recorded financial history. For the three months ending June 30, Betsson raked approximately $172 million (USD). So how…

Betsson and CEO Ulrik Bengtsson Part Ways

Betsson AB CEO Ulrik Bengtsson is resigning his position with the company after having served in the position since March, 2016. The reasons for Bengtson's abrupt departure are still murky and speculation is running rife as the gaming industry tries to fill in the blanks. Here's what we know so far about Bengstsson's Monday resignation…

Betsson Shoots Down Euro-Bet Rumors

Is Betsson the target of a smear campaign designed to drive down its stock prices while lining the pockets of an American hedge fund operator? That certainly appears to be the case. Late last week officials from Betsson were taken by surprise when rumors began circulating that not everything regarding the company's $85 million purchase…