Betsson has entered into the Nasdaq Stockholm Large Cap segment as the first online only gaming company to be listed.
The upgrade becomes effective from January 1, 2015 as a result of market capitalization exceeding Euro 1 Billion for the last two years.
Magnus Silfverberg, chief executive officer and president of Betsson AB, said, “It is very gratifying that our long-term efforts are paying off. The fact that Betsson is entering the Large Cap list demonstrates that we have a well-functioning business with talented employees and a clear strategy.
“Our multi-brand strategy creates favourable conditions for continued growth, both organically and through acquisitions. The strategy has also strongly contributed to increased profitability as Betsson has the highest margins in the industry.”