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7 million, has seen the transfer of GiG brands – Guts, Kaboo, Rizk and Thrills – to the Stockholm-headquartered company. In addition to gaining opportunities with other brands in the two European countries, Betsson plans to integrate its own payment platforms and proprietary sportsbook with the GiG platform. The brands operate under licenses held in Malta, UK, Sweden and Germany (Schleswig-Holstein)....

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Growth potential:Commenting on the acquisition, Chief Executive Officer for Betsson AB and Group President, Pontus Lindwall, said…“Betsson’s ambition is to outgrow the market in the long term, organically and through acquisitions. Julian’s-headquartered business will be a unique brand within the online lottery vertical as its product is a departure from traditional transactional lottery products while its interface is intuitive for ease of use.”Also commenting on the recent tie-up, Chief Executive Officer for Optimizer Invest, Petter Moldenius, said…“The innovative Megalotto product is the result of a successful partnership between two of our portfolio companies, bringing a world class, truly customer friendly experience....

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“According to a recent press release……the St. We have recruited a high quality, experienced management team to lead the launch of this new Optimizer Invest backed product, matching the ambitious plans we have in place for the markets we will be targeting, added Williams.”Betsson acquisition:In related news……Swedish holding company, Betsson AB (BETSB:Stockholm), has reportedly acquired Gaming Innovation Group subsidiary Zecure Gaming Limited, which operates its inhouse brands in Sweden....

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”Betsson acquisition:In related news……Swedish holding company, Betsson AB (BETSB:Stockholm), has reportedly acquired Gaming Innovation Group subsidiary Zecure Gaming Limited, which operates its inhouse brands in Sweden.“We are delighted to be going live with our new venture and to get our product in front of customers, said Megatotto’s Chief Executive Officer, Grant Williams.tform....