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  • Robert Andersson

    President and CEO


    +356 9999 8017
  • Andrzej Mieszkowicz

    CFO


    +356 99112090
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    Net Gaming Europe AB changes name to Acroud AB

    The name change is part of the extensive change work initiated when Robert Andersson took over as CEO, which involves an intensified focus on organic growth and entrepreneurship.In connection with the name change, the Company is also changing its Nasdaq ticker symbol to “ACROUD” from 17 July and launching a “manifesto” that will be ingrained in the operations and the Company’s future growth journey. This is Acroud’s manifesto: “We are a challenger on a quest.We are adapting and we are here to disrupt and claim what hasn’t been claimed. We are here for the challenge, for the joy, for

    Net Gaming adapts to be in a strong long-term position to capitalize on the Dutch Market

    Last week the Dutch parliament had a final saying regarding the secondary legislation related to the Remote Gambling Act. The implementation of the Act will end the long overdue wait for a modern gaming legislation in the Netherlands. The new law is expected to enter into force in Q1 of 2021, which is also when license applications will be accepted for operators. Net Gaming has chosen to take swift measures to be in the best position to capitalize on the Dutch market at the earliest possible time. The measures include adjustments to the product offering to be compliant on the Dutch

    ANNOUNCEMENT FROM FROM ANNUAL GENERAL MEETING OF NET GAMING EUROPE AB (PUBL)

    Net Gaming Europe AB (publ), 556693-7255, held its annual general meeting by postal voting only on Thursday 25 June 2020 where mainly the following resolutions were adopted. The income statement and the balance sheet for the company and the group regarding the financial year 2019 were adopted by the annual general meeting and it was resolved that the company's result shall be carried forward and no dividend shall be paid for the financial year 2019. The directors of the board and the CEO were discharged from liability for the 2019 financial year. The meeting resolved that a fee of

    Net Gaming carries out restructuring and issues forecast for Q2 2020

    Net Gaming’s operations have performed well during Q2, showing both organic growth and improved underlying profitability in adjusted EBITDA. The Company is in an intensive transformation phase, after Robert Andersson took over as CEO, which means that a reorganisation has been initiated. The reorganisation, which is aimed at creating better conditions for future growth, means that the second quarter has been affected by non-recurring costs. The reorganisation of the business and transformation to Acroud AB have begun during Q2. The reorganisation involves, among other things, closing the

    NOTICE OF ANNUAL GENERAL MEETING OF NET GAMING EUROPE AB (PUBL)

    The shareholders of Net Gaming Europe AB (publ), 556693-7255 (”Company”), are hereby given notice of the Annual General Meeting at 13.00 p.m. on Thursday 25 June 2020 to be held only by postal voting.Notification of attendance etc.Shareholders who wish to attend the annual general meeting (”AGM”) must be registered in the share register kept by Euroclear Sweden AB as at Thursday 18 June 2020, and must notify the Company of their intention to attend the AGM by sending a complete postal voting form, and where applicable,  proxy forms, registration certificates and other authorisation

    Dynamic quarter with increasing momentum

    Net Gaming Europe AB (publ) had a stable quarter, in which we gradually increased productivity. Refinancing has been secured after the end of the quarter, giving the Company scope to continue to develop the business with a focus on profitable organic growth.First quarter 2020 · Revenue amounted to EUR 3,191 (4,053) thousand. · EBITDA amounted to EUR 1,742 (2,553) thousand. · Profit after tax was EUR 2,759 (1,941) thousand.  · Earnings per share after dilution amounted to EUR 0.036 (0.026). · New Depositing Customers (NDC) declined by -16% (-15%). · Cash flow from

    Information regarding Q1 2020 and impact from COVID-19

    Net Gaming provides an update regarding Q1 2020 and the impact from COVID-19 and decides to postpone the AGM and publication of the annual reportDue to the prevailing situation around COVID-19 and the postponements and cancelations of sporting events globally, Net Gaming has decided to provide a trading update on the business’ performance for Q1 2020 together with a summary of potential near-term effects from COVID-19. COVID-19 and its impact on financial and operational performance · 90% of Net Gaming’s revenues are expected to be generated from the Casino and Poker verticals in Q1

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