Betsson AB CEO Pontus Lindwall insists that the global gaming group has ‘not shut the door’ on the Netherlands despite withdrawing its licence application there.
The CEO addressed investors in a conference call [Thursday] morning, alongside Chief Financial Officer, Martin Öhman, providing updates on cross-market developments and investments following the announcement of ‘all-time high’ revenues in H1 2023.
Of particular significance was Betsson’s decision to withdraw its application for a operating licence in the Netherlands, which has emerged as one of Europe’s most prominent markets. The country’s gambling authority, the Kansspelautoriteit (KSA), projects growth of between 13%-15% per year.
Lindwall explained: “The decision was based on significant delays in the licensing process and resource allocation considerations, given the current attractive product pipeline for Betsson in other markets.”
