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Interim report January – March 2020

First quarter: 1 January – 31 March 2020 · Revenues totalled EUR 10.5 million (9.0), a 16% increase. · Gaming revenues increased 19% to EUR 9.9 million (8.3). · Revenues from regulated markets were 94%. · Total active customers were 43,003 (35,219), an increase of 22%. · Deposits totalled EUR 33.3 million (26.5), a 25% increase. · Gaming margin amounted to 4.4% (4.6). · EBITDA was EUR 2.78 million (2.79), EBITDA margin was 26.5% (31.0). · EBIT was EUR 2.19 million (2.32), EBIT margin was 20.9% (25.7). · Net profit totalled EUR 2.16 million (2.30), net profit

Meir Roimy, Nordic Leisure Group new Chief Financial Officer

Meir Roimy has been appointed as the new CFO of Nordic Leisure Group, with responsibility for the group's accounting, finance, legal and HR departments. Meir will be part of Group senior Management. Meir, a Certified Public Accountant who holds a B.A. in accounting and economics, has a 10 year experience in the IT and iGaming industries, mostly from Superbet and Playtech. "It is with great joy that I welcome Meir Roimy to become the Group CFO. Meir has a solid knowledge of the industry, and I am confident that with his expertise he will streamline the responsibilities, and also

Redbet Gaming Ltd appoints new acting Managing Director

Redbet Gaming Ltd appoints Alexis Wicén as new acting Managing Director. Alexis Wicén will also take on the role as Director for Redbet Gaming Ltd and Redbet Malta (hldg) Ltd as well as Key Official towards the Lotteries and Gaming Authority (LGA), the regulatory and licensing body for all forms of gaming in Malta. Alexis Wicén has worked in the Redbet Group since August 2008 and was appointed Chief Operations Officer in December, 2011. Alexis Wicén says: "I'd like to thank the board in Redbet Holding AB for their trust and I'd also like to thank Michael Bennett for his work as

Redbet releases Microgaming casino

Redbet Holding AB’s subsidiary Redbet Gaming Ltd has launched Microgaming casino Redbet Gaming Ltd expanded their portfolio of casino games with the addition of Microgaming slots. The Redbet.com site now has two casinos called Casino Red and Casino Blue to reflect the company colours. Both casinos are available as instant play with no need to download. Alexis Wicén, Redbet's Chief Operations Officer, said: Players want the convenience of being able to play all of their favourite games at one site. The addition of Microgaming alongside our Net Ent games is great for our slots

New Heypoker site launched

Redbet Holding AB’s subsidiary Redbet Gaming Ltd has launched a new site under its Heypoker brand.A few months after Redbet’s acquisition of Heypoker, a new Heypoker.com site has been launched. Heypoker.com operates within the Ongame Network, one of the world's largest poker networks. The new Heypoker site also offers a new casino based on software from Net Entertainment and a new betting product based on Redbet’s own platform. Jorgen Andersson, CEO of Redbet Holding AB: ”The new Heypoker site has been built on the same system platform as Redbet.com and Whitebet.com. We can now offer

Redbet acquires Heypoker

Redbet Holding AB's subsidiary Redbet Gaming Ltd has acquired Heypoker, a gaming business focused on Scandinavia and Eastern Europe.Redbet Gaming Ltd has through an asset deal acquired Heypoker, a gaming business focused on Scandinavia and Eastern Europe. The deal includes the gaming site Heypoker.com and its customer base with approximately 37,000 registered customers. Heypoker.com offers a range of gaming services, including poker, casino and betting. Heypoker.com is part of the Ongame Network, one of the world's largest poker networks. Heypoker.com generated a gross profit of around 2.7

New Whitebet site launched

Redbet Holding AB’s subsidiary Redbet Gaming Ltd has launched a new site under its Whitebet brand.After several months of development work, the new Whitebet.com site has been launched. In addition to a brand new design, it offers a competitive product offering, encompassing poker, casino and sports betting. Whitebet.com operates within the Ongame Network, one of the world's largest poker networks. Whitebet.com also offers a new casino, based on software from Net Entertainment, and sports betting has been added to the site. The new Whitebet.com site has been built on the same technology

Redbet acquires DoubleCardrooms

Redbet Holding AB's subsidiary Redbet Gaming Ltd has acquired DoubleCardrooms.Redbet Gaming Ltd has through an asset deal acquired DoubleCardrooms, a gaming site focused on the Scandinavian markets. Jorgen Andersson, CEO of Redbet Holding AB: "The acquisition of DoubleCardrooms is the second acquisition in a short time. Our expansion efforts consist of both organic growth and acquisitions. We are actively seeking acquisition opportunities opened up by the consolidation of the gaming market, both in new and existing markets."

Redbet acquires i4poker

Redbet Holding AB's subsidiary Redbet Gaming Ltd has acquired i4poker, a gaming business in Eastern Europe.Redbet Gaming Ltd has through an asset deal acquired i4poker, a gaming site focused on Eastern European markets. Jorgen Andersson, CEO of Redbet Holding AB: "Through the acquisition of i4poker, Redbet strengthens its position in Eastern Europe, especially in Poland, Hungary, and Bulgaria. The acquisition is part of Redbet’s expansion strategy and the ongoing consolidation in the gaming industry opens up opportunities for Redbet to grow faster."

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