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Knutssom Holdings Increases Voting Stake in Betsson Group

 Knutssom Holdings Increases Voting Stake in Betsson Group
Knutssom Holdings Increases Voting Stake in Betsson Group
Knutssom Holdings Increases Voting Stake in Betsson GroupReading Time: < 1 minute

 

Swedish investor Knutsson Holdings AB has strengthened its shareholdings in Betsson Group by swapping 300,000 B-shares to A-shares. A-shares give ten votes for every share instead of one. Knutsson Holdings is a major shareholder in Betsson Group since 2007.

“We are proud shareholders in one of the leading European online iGaming companies with several strong brands and we firmly believe Betsson has positioned itself very well in regulated markets and recently started interesting B2B activities with their own developed sportsbook,” Michael Knutsson, CEO of Knutsson Holdings, said.

Knutsson Holdings has also a majority shareholding in casino platform provider NetEnt AB and other interests such as Casumo and Kwiff (Operators), Better Collective (Affiliate) and Scout Gaming (Daily Fantasy Sports).

Zoltan Tundik

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.

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