Betsson becomes the first pure online company to be listed on the Nasdaq Stockholm Large Cap

-
I'm very happy to see the first pure online and technology driven company take place on the prominent list of Nasdaq Stockholm Large Gap, the back bone of Swedish industry. 
It really proves that technology driven companies based on great entrepreneurs, engagement dedication really is the future.  

 Source for input below http://www.knutsson.se/
The gaming company Betsson continues its strong growth and is now the first pure internet company to be listed on the Nasdaq Stockholm Large Cap. During the last year, Betsson’s revenue amounted to SEK 2.9 billion (rolling 12 months until September 2014), indicating a year-on-year growth that exceeds 16 percent. Betsson qualified to be upgraded to the Large Cap list January 1st, 2015 as its market capitalization has been greater than EUR 1 billion over the past two years, which is the requirement to be upgraded.
“It is very gratifying that our long-term efforts are paying off. The fact that Betsson is entering the Large Cap list demonstrates that we have a well-functioning business with talented employees and a clear strategy. Our multi-brand strategy creates favourable conditions for continued growth, both organically and through acquisitions. The strategy has also strongly contributed to increased profitability as Betsson has the highest margins in the industry” says Magnus Silfverberg, CEO & President of Betsson AB.
Betsson was founded more than 50 years ago, initially supplying slot machines and casino operations in restaurants throughout Sweden. However, the pace of development over the last decade increased significantly and nowadays, all operational activities are run through online platforms. The product range includes everything from casino games, sportsbook, poker to lotteries. The founding families have been involved in the company’s development over the years and they still remain as the largest shareholders in Betsson, which has created both stability and security. 


 Folllow me on twitter: mandus_engman

Kommentarer

Skicka en kommentar

Populära inlägg i den här bloggen

Digitalization - How do I stay relevant? Netlight Edge Academy 2017 - our initimite digitalization festival all over Europe - will give some answers. #edge, #edgeacademy17, #genuine consultant, #netlight

-
Do you know what? The world is changing - the world is digitalizing. And I'm so happy to be part of it, as I easily get bored and feel good about being part of something greater (than myself). Digitalization is not about developing the best business plan, the best marketing plan and separately developing the best technology architecture. Digitalization is about pure business development where IT and IT architecture is part of your core business, not a support organization anymore. So, to compete in the digital race, IT Architecture must be a natural and crucial part of your every-day-business-development. Yes, the world is changing and so must we, to stay relevant.  How do I stay relevant?  By working in a place as Netlight built on the strong foundation of change, knowledge sharing and supporting each other. A natural win-win for all parties - employed, clients and Netlight as a company. Edge Academy, our intimate digitalization festival, is really our normal ...
Läs mer

Edge Academy 2016 - one Netlight way of creating together, this week all over Europe

-
Bild
What do you get when you mix competence, creativity and business sense together with a big portion of deep engagement and people who really cares? You get Edge Academy, an intimate yearly IT festival during a week happening in all Netlight offices all over Europe. By us consultants, for us consultants. Sounds interesting, one must really say, but what’s the agenda or theme? Of course whatever is currently relevant, or Edge as we call it within Netlight. That is whatever makes challenges or opportunities to our clients and our clients as being leaders and drivers of the digital future. What this may be in detail, all of our consultants know together (that’s why the agenda can’t be set by anyone else) so let’s have a peak into the schedule of what is currently Edge to us. Also this is as good answer as any to the question - what does Netlight actually do currently?  What we do in six months or in a year? Nobody knows, and that's the excitement, ask us then and we'l...
Läs mer

Is Microservices the future of all architectures? Is it "the" silver bullet for any company with a business critical IT?

-
Bild
      We all start there, with the famous Monolith Architecture. Why? Because it’s easy, it’s fast, it suits our needs just fine. Remember the first rule when distributing your systems – “Do NOT distribute your systems”, until you need it, then “Do NOT distribute your systems”, unless you really really really need it. So the Monolith is the perfect start for any start-up and can suit your need for a very long time, potentially forever.   So why bother understanding what Microservices is all about? There might come a day, when you feel you grow out of your Monolith. The size of your organization has grown quite a lot, your dev department is getting bigger, perhaps dev centers separated geographically. All you know is that growth is the only thing that will stay stable for the near future. Sooner or later I think you will start to see the typical signs of you outgrowing your Monolith (if not – congratulations, please tell me and the world how you did it); You s...
Läs mer