P&C profits down despite sales volume growth

first_imgThursday 27 January 2011 9:04 am Share Tags: NULL alison.lock Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comcenter_img whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm P&C profits down despite sales volume growth Household products maker Procter & Gamble followed rival Colgate Palmolive in posting lower profit for its second-quarter trading as rising commodity costs and low revenue growth hurt performance.The Gillette brand owner earned $3.33bn (£2.1bn), in the three months from October to December – a 28 per cent decline from $4.66bn, or $1.49 per share, in the same period in 2009. Per share, it delivered $1.11 earnings, a 26 per cent decline from the $1.49 a year earlier.P&G saw sales climb two per cent to $21.3bn and the volume of goods sold rose six per cent – but it saw more volume growth in its new lower-priced products, which has weighed on its profits.“We are expanding market shares by touching and improving the lives of more consumers in more parts of the world, more completely through our innovation and expansion plans,” said chief executive Bob McDonald.Much of the decline stemmed from it delivering an unusually high second quarter result in 2009 after the sale of its pharmaceuticals business. Excluding unusual items, earnings from continuing operations were $1.13 a share, above analysts’ forecasts of $1.1. P&G stood by its fiscal 2011 forecasts, calling for earnings from continuing operations of $3.91 to $4.01 per share and organic sales growth of four to six per cent. Analysts expect slightly less. last_img read more

Citi may break up EMI

first_imgWednesday 2 February 2011 8:39 pm whatsapp Show Comments ▼ CITIGROUP executives are considering plans to break up iconic record label EMI, despite its chief executive’s wish to keep it whole, sources told City A.M. yesterday.The bank, which has taken EMI out of private equity hands after declaring its £3.4bn debt unsustainable, will not fight to keep the company in one piece if buyers for different parts come forward, sources said.This runs counter to protestations by EMI’s chief executive Roger Faxon (below), who told employees its recorded music and music publishing arms should stay united.Sources close to Citi told City A.M. that while Faxon was a valued stakeholder and his position was clear, the bank “owed it to shareholders to consider all the options.”But Faxon defended EMI’s unified model yesterday. “Global rights management is the future, and it takes both parts of the business working together to achieve that future,” he said in an email. Private equity house KKR, owner of music rights management company BMG, is current frontrunner to buy EMI, followed by EMI’s long-term suitor Warner Music. But there is no shortage of interest in its parts, and Citi is keen to start to recoup some of the £2.2bn loss it has incurred on EMI.Industry giants such as Universal Music, the world’s largest record label owner and music publisher, would snap up EMI’s recorded music catalogue, which include artists such as The Beatles and Kylie Minogue (top). Sources close to Universal Music told City A.M. that while it was barred from bidding for EMI for competition reasons, “parts of it would be attractive” in a break-up. “Universal may well be interested in some of the parts if they were to become available,” one source said. BMG, which has expressed interest in buying Warner’s music publishing arm Warner/Chappell, may prefer EMI’s music publishing business instead. “That may be marginally more attractive to it than Warner/Chappell,” sources said. Jon Moulton, founder of Better Capital, placed odds of two to one on EMI being broken up. “I think Citi would take cash for anything it could,” he said.But Impala, the European lobby group for independent record labels, yesterday threatened to campaign against any plan to merge EMI with a competitor, saying it would lead to too much “concentration” in the industry. The group managed to tie up Sony Music and BMG’s eventual merger in 2004 for three years in the courts. Share whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndoBetterBe20 Stunning Female AthletesBetterBeUndoBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeUndoLiver HealthAdvertisement 1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndocenter_img KCS-content Citi may break up EMI More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com Tags: NULLlast_img read more

CITY VIEWS: WHAT DID YOU MAKE OF THE BUDGET?

first_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp whatsapp CITY VIEWS: WHAT DID YOU MAKE OF THE BUDGET? JULIAN PHILLIPS | MITSUI SUMITOMO“Osborne already set out his plans earlier this year and he should stick to them. He did outline some good proposals for businesses and drivers. The budget is better long term because it will take a while for regulatory changes to kick in.”COLIN FANTHAM | XCHANGING“The 1p off of petrol won’t make any real difference, but the budget will improve the long-term forecast of the country. There is nothing in the budget that impresses businesses, though. I’d rather they’d cut more taxes.”DAVID PORTER | SMARTSTREAM“It was a very positive budget, with tax changes for corporations welcome, particularly the drop in corporation tax. It’s a very good long-term plan, but George Osborne had his hands tied and realistically could do very little.”ROB WHITELEY | C.V. STARR“The new budget is slightly good for lower income earners and smaller families, but worse for people who make more money, who can expect to be paying more in taxes. But with the current situation, everyone seems to be suffering.” Share Thursday 24 March 2011 9:28 pm Tags: NULL Show Comments ▼ KCS-content last_img read more

J&J in £12bn merger talks with Synthes

first_imgMonday 18 April 2011 8:05 pm J&J in £12bn merger talks with Synthes Tags: NULL Share Swiss medical device maker Synthes yesterday confirmed it is in takeover talks with Johnson & Johnson (J&J) over a deal that could value the firm at about $20bn (£12.3bn).The move would be J&J’s biggest ever acquisition, giving it a leading position in equipment to treat trauma. Synthes, which posted sales of $3.7bn in 2010, makes nails, screws and plates to fix broken bones, as well as artificial spine discs.A Synthes spokesman said: “In response to market speculation, Synthes confirms that it is engaged in discussions with Johnson & Johnson about a potential business combination transaction.”A spokesman for J&J declined to comment.Key to any deal will be Synthes chairman Hansjoerg Wyss – the second-richest person in Switzerland, with a net worth of $6.4bn according to Forbes. Wyss holds 40 per cent of Synthes directly and another eight per cent through family trusts. Some analysts doubt he will be willing to play ball with J&J, which would effectively kill off the deal.Shares in British knee and hip maker Smith & Nephew (S&N) fell more than three per cent on the news that J&J is looking elsewhere.Last year the firm confirmed it had rejected a £7bn bid from Johnson & Johnson and investors had hoped the US giant would come back with a bigger offer. One option for S&N could be a tie-up with US rival Biomet.ADVISER: CREDIT SUISSESYNTHES ADVISERCREDIT SUISSESynthes has not officially confirmed which banks it has hired to advise it on the possible Johnson & Johnson (J&J) takeover but City A.M. understands it will be using its regular bank Credit Suisse. The Swiss bank last month retained its top spot for M&A advisory work.It is acting as financial adviser to fellow medical firm Community Health Systems, which recently increased its offer for Tenet Healthcare Corporation. It is also acting as joint global co-ordinator and bookrunners on the Glencore flotation, which is due to close in May.Credit Suisse advised Prudential on its failed $35.5bn (£23bn) bid for AIA last year and then advised AIA on its successful IPO in Hong Kong in October, where it was valued at more than $35.5bn.Credit Suisse, Synthes and J&J all declined to comment. Show Comments ▼center_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapplast_img read more

GAN expands Italian presence with Goldbet

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe Southern Europe Italy Casino & games Email Address Content supplier now has deals with partners making up 45% of Italian market Topics: Casino & games Tech & innovation iGaming platform and content supplier GAN now services clients accounting for almost half of all online casino revenue generated in Italy after it launched with Goldbet.Sports betting and casino operator Goldbet has launched content from its new partner following a platform integration. Goldbet runs over 900 betting shops throughout Italy and also operates an iGaming offering, which holds a market share of around 3%.As a result of the agreement, GAN’s iGaming clients now account for around 45% of total gross gaming revenue generated in the country. The supplier already has deals in place with eight operators in the country, including high-profile brands such as Snaitech and Sisal. “GAN continues to win major clients in Italy by delivering an increasing number of high quality internet casino games to our Italian clients, carefully procured from independent casino game design studios worldwide as well as major land-based casino equipment manufacturers,” GAN chief executive Dermot Smurfit said. “GAN’s distribution reach now extends to nearly half of the regulated Italian internet casino gaming market.” In the first six months of the year, revenue from Italy at GAN amounted to £1.7m (€1.9m/$2.2m), just under 40% of total revenue in the period. The first half proved to be a mixed period for GAN, with overall revenue up 11%, but the supplier’s loss after tax widened to £2.9m. However, GAN last week was boosted by the news that client revenue was up 40% year-on-year to $26.7m in the third quarter, compared to $24m in Q2. Results were helped by the launch of its sports betting partner FanDuel in New Jersey, as well as the roll-out of online and simulated gaming for Atlantic City’s Ocean Resort Casino.Image: Marco Verch 26th November 2018 | By contenteditor GAN expands Italian presence with Goldbet Tags: Online Gambling Subscribe to the iGaming newsletterlast_img read more

BetVictor to settle BetBright ante post bets

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finance Tags: Online Gambling BetVictor to settle BetBright ante post bets Online gambling operator BetVictor has reached an agreement to reinstate and settle all ante post bets placed with now-shuttered BetBright. The Irish operator ceased operations earlier this month after its acquisition by 888 Holdings. Online gambling operator BetVictor has reached an agreement to reinstate and settle all ante post bets placed with now-closed BetBright.The Irish operator ceased operations earlier this month after its acquisition by 888 Holdings, and customers were left in limbo as to the status of their bets, with many airing their frustration on social media.However Rich Ricci, former executive chairman of BetBright, has come to an agreement whereby former BetBright customers that had ante post bet voided when the operator closed can choose to have these reinstated with BetVictor.Players have until April 4 to put forward their request and will be need to have a valid account with BetVictor. The offer does not apply to ante post bets placed on this month’s Cheltenham Festival.“I am pleased that with the help of BetVictor, ante post bets placed by BetBright customers can be honoured,” Ricci said.Matt Scarrott, director of sportsbook at BetVictor, added: “We’re happy to be supporting Rich to address this situation, enabling former BetBright punters to reinstate their ante post bets via our BetVictor betting platform – we’ll make the process as simple and frictionless as possible to provide customers with an enjoyable betting experience with us.”Earlier this month, 888 agreed to pay £15m (€17.4m/$19.5m) to purchase certain assets of Dedsert Limited, Dedsert Ireland Limited and its affiliates, which together operated as BetBright.At the time, 888 said the integration of the BetBright sportsbook into the group would give 888 complete ownership of its technology and product development across four key online betting verticals: casino, sports betting, poker and bingo.BetBright shut down its customer-facing site on March 5, less than 24 hours after the acquisition was agreed. Regions: UK & Ireland Subscribe to the iGaming newsletter 29th March 2019 | By contenteditor Topics: Finance Strategy Email Addresslast_img read more

Danish regulator begins video game gambling education effort

first_img Subscribe to the iGaming newsletter Regions: Europe Nordics Denmark Casino & games Tags: Video Gaming Topics: Casino & games Legal & compliance Video gaming AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Danish gambling regulator Spillemyndigheden has launched a new initiative aimed at improving public knowledge of gambling linked to video games, namely skin betting and so-called loot boxes. Danish gambling regulator Spillemyndigheden has launched a new initiative aimed at improving public knowledge of gambling linked to video games, namely skin betting and so-called loot boxes.Spillemyndigheden has seen an increase in the number of parents contacting the regulator over concerns related to skin betting and loot boxes, it said, with many that do get in touch having limited or no knowledge of such activities.Loot boxes offer random rewards and can be acquired by players either through gameplay or by spending real money, while skin betting allows gamers to use virtual items from the games as collateral for wagering. Spillemyndigheden has been particularly keen to crack down on skin betting over the past year, due to concerns that it may encourage underage gambling. In April it revealed it had successfully petitioned the country’s telecommunications providers to block access to 15 of these sites.The regulator will deliver free presentations to help boost awareness of skin betting and loot boxes and set out its own rules and regulations for such activities.It will focus on three key target groups: parents and other interested parties; children and adolescents under 18; and a combination of children and their parents. Sessions will take place at various locations such as school, sports club and esports association venues.“We would like to tell children and young people, as well as parents and other interested parties, about the framework and rules for skin betting and loot boxes,” Spillemyndigheden explained. “We pay special attention to when it comes to money games.”Image: Max Pixel 12th June 2019 | By contenteditor Danish regulator begins video game gambling education effortlast_img read more

GLMS files 64 suspicious activity reports in H1

first_img Topics: Sports betting Sports betting The Global Lottery Monitoring System (GLMS), the sports betting integrity body for the lottery industry, reported 64 matches to its partners in the first half of 2019 as a result of suspicious betting activity. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 12th July 2019 | By Daniel O’Boyle The Global Lottery Monitoring System (GLMS), the sports betting integrity body for the lottery industry, reported 64 matches to its partners in the first half of 2019 as a result of suspicious betting activity.In total GLMS sent out 432 alerts during the first six months of the year, the first stage in its reporting process. This suggests there is evidence suspicious activity based on betting patterns around a sporting event. The vast majority of these alerts (324) concerned football matches, and related to European events (312). Of the 432, 25 were red alerts, suggesting there were serious irregularities or allegations of match-fixing made by a named source. After alerts are sent out, if an investigation can uncover no explanation for the suspicious activity, GLMS then generates a report on that match. Of the 64 reports issued to June 2019, 35 concerned football matches, with 22 reported to the sport’s world governing body FIFA and 13 to its European equivalent UEFA.A further six events were reported to the International Olympic Committee, while two tennis matches were flagged to the Tennis Integrity Unit. An additional 38 events were reported to other sporting bodies, with certain events flagged for more than one partner.“We constantly make our best efforts to enhance all our Monitoring and Integrity services, including our education and prevention programmes and we are always available to effectively support members and partners with the development of ad hoc education and prevention tools in compliance with national regulatory and public needs,” GLMS President Ludovico Calvi said.Looking ahead to the second half of the year, Calvi pledged to continue GLMS’ efforts to uphold sporting integrity ” with renewed enthusiasm and passion”. GLMS files 64 suspicious activity reports in H1 Email Addresslast_img read more

European Casino Association unveils new board structure

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The European Casino Association (ECA) has announced a series of changes to its board, as well as naming the Czech Casino Association as its latest member.Approved at the ECA’s first General Assembly of the year, which was held at ICE London last week, the restructure will see a number of new individuals added to the ECA board.Bettina Glatz-Kremsner from Casinos Austria and Jari Heino from Veikkaus will join the board to represent Austria and Finland, respectively. Pascal Camia from Société des Bains de Mer – Monte Carlo was also named as vice chairman of the ECA.The restructure comes after the ECA last month confirmed that Dietmar Hoscher had resigned as vice-chairman, while Tracy Damestani also recently left her role as vice-chair. The new board structure will remain in place until at least the next general elections in February 2021.“The new board, approved by the Assembly, is now ready to work hard to promote the interests of our members and strengthen the voice of the European licensed land-based casino industry,” ECA chairman Per Jaldung said.Meanwhile, the ECA General Assembly last week also approved the membership application of the Czech Casino Association. The organisation operates on the basis of contributions from its members and has eight permanent and affiliated members operator.In addition, the ECA has awarded certifications based on its Responsible Gambling Framework to a number of its members.Certifications were awarded to Casino Société de Bains de Mer – Monte Carlo, Westdeutsche Spielbanken and Merkur Spielbanken Sachsen-Anhalt, both in Germany, while Grand Casino Beograd in Serbia renewed its certificate.“We are delighted our members commit to the responsible gambling framework, indicating a general willingness to multiply efforts in this direction,” Jaldung said “We now look forward to working together this year and strengthening the land-based casino industry even further.” Casino & games 13th February 2020 | By contenteditor Subscribe to the iGaming newsletter Email Addresscenter_img The European Casino Association (ECA) has announced a series of changes to its board, as well as naming the Czech Casino Association as its latest member. European Casino Association unveils new board structure Topics: Casino & games People Strategy Regions: Europelast_img read more

Smarkets launches in Sweden

first_img Email Address 28th July 2020 | By Daniel O’Boyle Legal & compliance Regions: Europe Nordics Sweden Topics: Legal & compliance Sports betting Exchange operator Smarkets has launched in Sweden, having received a betting licence from the country’s Gaming Authority (Spelinspelktionen) in April.center_img Exchange operator Smarkets has launched in Sweden, having received a betting licence from the country’s Gaming Authority (Spelinspelktionen) in April.The operator will be the second licensed betting exchange in Sweden, following Betfair.For Smarkets, the launch is the second new market in as many months after rolling out its fixed-odds SBK sportsbook app in Colorado in June, having received a licence two months earlier. The business also has plans to launch in Indiana later this year. “We know that customers in Sweden have been eagerly anticipating us going live, so I’m very excited to launch the Smarkets exchange there,” Jason Trost, Smarkets founder and chief executive said.“I am confident that our market-leading prices and superior product will appeal to Swedish customers. The fact that we own our tech stack is one of the reasons we are able to offer the best pricing in the industry, and I’m really looking forward to growing our user base in Sweden.”Smarkets’ licence will last until April 2025 and covers the operator’s dot.com site.In total, 98 operators have become licensed since Sweden opened up its oline gambling market at the start of 2019.As well as holding licences in Sweden and Colorado, Smarkets has also been certified by the British Gambling Commission and the Malta Gaming Authority. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Smarkets launches in Sweden Subscribe to the iGaming newsletterlast_img read more