"We are taking this opportunity to challenge the Swedish gaming monopoly as we see betting shops as an interesting development of our business. Betting shops complement our online offering and our aim is to create more freedom of choice for our players," said Pontus Lindwall, CEO, Betsson.
In recent years, legal developments within the EU have moved quickly and Betsson's understanding is that the legal situation in Sweden is more open than many believe. "EU laws provide support for this endeavour. There is no longer any reason for us to wait for a political process that is hardly moving forward. We want to drive development of the gaming market for the benefit of players. I am confident that the monopoly's retail outlets will experience some tough competition going forward," said Lindwall.
Betsson's new betting shop is located at Götgatan 37 in Stockholm and will open on May 30, 2008, at 12:00 noon. Read more about Betsson's betting shop at Betsson.
For more information please contact:
Pontus Lindwall, President and CEO,
Tel: +46 (08) 556 967 10, +46 (0) 708 27 51 55, pontus@betsson.com
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