Andreas Ternstrom News Today

18th May 2021 | By Robert Fletcher B2B daily fantasy sports solutions provider Scout Gaming Group put a 54.0% year-on-year increase in revenue in the first quarter of its financial year down to a number of new customer launches and increased price pools. Revenue for the three months to 31 March amounted to SEK13.4m (£1.1m/€1.3m/$1.6m), up from SEK8.7m in the same period last year. Scout said much of this growth was down to the addition of new clients, with the provider having secured new par...

Scout posts SEK54.6m loss despite revenue growth in 2020 26th February 2021 | By Robert Fletcher B2B fantasy sports solutions provider Scout Gaming Group has reported a total loss of SEK54.6m (£4.7m/€5.4m/$6.6m) in 2020, despite an 82.5% year-on-year increase in revenue. Overall revenue for the 12 months through to 31 December 2021 amounted to SEK46.9m, up from SEK25.7m in the previous financial year. Scout did not publish a full breakdown of revenue, but it did note that this year-on-year g...