Betsson and Scout Gaming launch in Brazil
Scout Gaming has recently announced the launch of its fantasy sports product in Brazil in collaboration with Betsson Group. Now, through this new launch, Betsson’s clients in Brazil will be able to check out two different types of fantasy sports games on a daily basis: buy-in and free-to-play.
Scout Gaming Group chief commercial officer, Joakim Renman, stated:
“In order to provide the largest network of pooled DFS operators we must ensure that we partner with the biggest names in the business and we undoubtedly count Betsson Group among these must-have operators. We are thrilled to see our games go live with its flagship brand and for its players in Brazil to be able to enjoy the fun and entertaining experience our games provide while also giving them the chance to win some truly incredible prizes.”
Betsson Group commercial director for gaming, Ciara Nic Liam, also mentioned:
“We go to great lengths to offer players at our brands the best possible experience and a major part of this is the content and games we stock in our lobbies. Fantasy sports and daily fantasy sports are tremendously popular and something our players are seeking. Of course, we wanted to be able to offer them the best Fantasy experience in the world and that is why partnering with the Scout Gaming Group was an absolute must. Its fantasy platform is undoubtedly the best and will prove to be hugely popular with our players in Brazil.”
The results that were released in February revealed that Betsson had obtained a net profit of about SEK1 billion in 2020 ($119.6 million), after it had a successful chain of acquisitions throughout the year which inevitably boosted its year-on-year revenue.
In the meantime, Scout witnessed a total loss worth SEK54.6 million throughout 2020, even though there was an 82.5% increase in year-on-year revenue. Generally, revenue for the full-year period that concluded in December of 2020 came up to SEK46.9 million, a good improvement compared to 2019’s SEK25.7 million.
The two parties have been working together for over 4 years now, since they formed a deal back in 2017 through which Scout Gaming would be providing a DFS platform, as well as Betsson supplying the solution on its subsidiaries.