Enlabs Invests in Scout Gaming Group

Enlabs Invests in Scout Gaming GroupReading Time: < 1 minute

 

Enlabs has participated in a share issue in Scout Gaming Group AB, listed on Nasdaq First North Growth Market. Enlabs invests SEK 10 million, which gives an ownership of approximately 4.5% of the number of shares in Scout after the completed issue.

“We see great development opportunities for Scout’s products in the fast-growing Fantasy Sport segment. Scout is the only B2B supplier with a global customer base and we strongly believe in a future breakthrough for both the company and the products Scout delivers to the market. Through participation in the issue, we also create opportunities for closer commercial cooperation between the companies, on these grounds we participate in today’s share issue”. – says Enlabs CEO Robert Andersson.

Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.