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Betsson AB
Online CasinoTier-1Licensed

Betsson AB

Online operator headquartered in Stockholm, Sweden. Key brands: Betsson, NordicBet, Betsafe. Licensed by Swedish Gambling Authority. Established 1963.

5.0
Stockholm, Sweden Nasdaq Stockholm: BETS-B Visit website

Company Overview

Betsson AB is one of Europe's oldest and most established online gaming companies, founded in 1963 and headquartered in Stockholm, Sweden. Listed on the Nasdaq Stockholm Mid-Cap list, Betsson operates a multi-brand portfolio of online sports betting, casino, poker, and bingo products across the Nordics, Europe, and selected international markets.

Betsson's flagship brand, Betsson, is complemented by a portfolio of regional and specialist brands including Betsafe, NordicBet, Betsson Poker, CasinoEuro, and StarCasinò (Italy). The group serves customers in over 20 jurisdictions and is licensed by the Swedish Gambling Authority, the Malta Gaming Authority (MGA), the UK Gambling Commission, and regulators in Italy, Spain, Denmark, and Belgium.

Betsson is widely recognized for its technology-driven approach, proprietary sportsbook platform, and commitment to responsible gambling. The group has consistently invested in in-house technology, operating its own sportsbook, casino platform, and payment processing, which gives it a competitive edge in product flexibility and margin control.

Key Brands & Properties

Betsson
Betsafe
NordicBet
CasinoEuro
StarCasinò
Betsson Poker

Leadership & Management

P

Pontus Lindwall

President & CEO

M

Martin Bengtsson

Chief Financial Officer

M

Max Mitteregger

Chief Operating Officer

L

Lotta Sjöstrand

Chief Sustainability Officer

Features & Offerings

Betsson Brand

The flagship Betsson brand offers sports betting, online casino, live casino, poker, and bingo. It is one of the most recognized gaming brands in the Nordics, with a strong presence in Sweden, Norway, Finland, and Denmark. The platform features a proprietary sportsbook, over 3,000 casino games, and a dedicated poker room on the iPoker network.

Betsafe

Betsafe is Betsson's secondary Nordic brand, targeting Sweden, Norway, Finland, and the Baltics. It offers sports betting, casino, and live casino with a focus on local promotions, sponsorships (including partnerships with football clubs), and localized payment methods.

NordicBet

NordicBet is a specialist Nordic-focused brand offering sports betting, casino, and poker. It has a loyal customer base in Finland and Sweden, with a reputation for competitive odds and community-focused promotions.

CasinoEuro & StarCasinò

CasinoEuro is a European-focused online casino brand targeting Germany, the Netherlands, and other European markets. StarCasinò is Betsson's Italian-facing brand, licensed by ADM (Agenzia delle Dogane e dei Monopoli), offering casino, live casino, and sports betting to the Italian market.

Proprietary Sportsbook

Betsson operates a proprietary sportsbook platform, developed in-house, which provides competitive odds, in-play betting, cash-out, bet builder, and live streaming of selected events. The in-house sportsbook gives Betsson full control over product features, margins, and risk management.

Poker & Bingo

Betsson operates online poker rooms powered by the iPoker network (Playtech), offering cash games, tournaments, and sit-and-gos. Online bingo is also available across selected brands, with 90-ball and 75-ball bingo rooms.

Gaming Portfolio

Game Types

Sports BettingSlotsTable GamesLive DealerPokerBingoVirtual Sports

Software Providers

PlaytechEvolutionNetEntPragmatic PlayRed TigerIGTMicrogamingBlueprint Gaming

Payment Methods

VisaMastercardTrustlyApple PayGoogle PayBank TransferSkrillNetellerPaysafecardSwish (Sweden)iDEAL (Netherlands)

Corporate History

1963 — Foundation

Betsson was founded in 1963 by Bill Lindberg and Rolf Lundström as AB Restaurang Rouletter, initially operating restaurant roulette tables in Sweden. The business evolved through the 1960s and 1970s into a broader gaming operation.

1990s — Digital Transition

Betsson transitioned to online gaming in the late 1990s, launching its first online sportsbook and casino platform. The early adoption of digital technology positioned Betsson as a pioneer in the European online gaming market.

2001 — Online Launch

Betsson launched its online sportsbook and casino, establishing itself as one of the first major Nordic online gaming operators. The platform quickly gained traction in Sweden, Norway, and Finland.

2006 — IPO on Nasdaq Stockholm

Betsson AB was listed on the Nasdaq Stockholm (then OMX) stock exchange, raising capital to fund international expansion and technology investment. The listing marked Betsson's emergence as a publicly-traded European gaming leader.

2011 — Betsafe Acquisition

Betsson acquired Betsafe, a Nordic online sports betting and casino brand, for €60 million, strengthening its multi-brand portfolio and Nordic market position.

2012-2014 — European Expansion

Betsson expanded into regulated European markets, obtaining licenses in Malta (MGA), Denmark, Spain, and Italy (through the acquisition of StarCasinò). The group established a multi-jurisdiction licensing strategy to operate legally in regulated markets.

2018 — UK Market Entry

Betsson entered the UK market through the acquisition of GVC Holdings' Bwin.party Nordic assets and the launch of Betsson-branded UK operations, licensed by the UK Gambling Commission.

2021-2024 — Technology Investment & Growth

Betsson has invested heavily in its proprietary technology stack, expanding its sportsbook, casino platform, and payment processing capabilities. The group has also expanded into new markets including Latin America (through partnerships in Peru and Chile) and Africa, diversifying its revenue base beyond the Nordics and Europe.

Responsible Gaming

Betsson AB is committed to responsible gambling across all its brands and jurisdictions, having embedded player-protection principles throughout its operations and technology.

Multi-Jurisdiction Compliance

Betsson operates under licenses from the Swedish Gambling Authority, Malta Gaming Authority, UK Gambling Commission, and regulators in Italy, Spain, Denmark, and Belgium. Each license requires strict adherence to local responsible gambling regulations, which Betsson implements through its proprietary platform.

Player Protection Tools

  • Deposit Limits: Players can set daily, weekly, and monthly deposit limits across all Betsson brands.
  • Time-Out & Cooling-Off: Temporary breaks from play are available through the account dashboard.
  • Self-Exclusion: Players can voluntarily exclude themselves from individual brands or through national self-exclusion schemes (Spelpaus in Sweden, GAMSTOP in the UK, ROIS in Italy).
  • Reality Checks: In-game reminders display time spent and money wagered during online sessions.
  • Account History: Full transaction and play history is available to all registered players.

Betsson Group Sustainability

Betsson's sustainability strategy integrates responsible gambling, environmental responsibility, and corporate governance. The group publishes annual sustainability reports aligned with GRI standards and partners with research institutions to advance understanding of gambling behavior and harm prevention.

Staff Training & Analytics

All Betsson customer-facing staff complete mandatory responsible gambling training. The group uses behavioral analytics and AI-driven tools to identify potentially harmful play patterns and intervene proactively with at-risk players.

Pros & Cons

Pros

  • Over 60 years of heritage as one of Europe's oldest online gaming companies
  • Multi-brand portfolio covering Nordics, Europe, and Latin America
  • Proprietary sportsbook and casino platform — full control over product and margins
  • Licensed in 7+ regulated jurisdictions with strong compliance track record
  • Publicly listed on Nasdaq Stockholm with transparent governance and sustainability reporting
  • Technology-driven with in-house payment processing and risk management

Cons

  • Limited presence in the US market
  • No cryptocurrency support
  • Brand recognition lower outside the Nordics compared to Bet365 and William Hill
  • Complex multi-brand strategy may create operational overhead

Awards & Recognition

  • EGR Operator of the Year (Nordics)
  • SBC Awards — Sports Betting Operator
  • Gaming Intelligence Awards — Nordic Operator
  • iGaming Business Awards — Multi-Brand Operator

Frequently Asked Questions

Key Facts

TypeOnline Casino
TierTier-1
Founded1963
FounderBill Lindberg, Rolf Lundström
HeadquartersStockholm, Sweden
Parent companyBetsson AB (Public)
OrganizationBetsson AB
LicenseSwedish Gambling Authority; Malta Gaming Authority (MGA); UK Gambling Commission; Italy (ADM); Spain; Denmark; Belgium
Stock tickerNasdaq Stockholm: BETS-B
Revenue€917M (2023)
Employees1,800+
Players6M+
Games3,000
Trust score91/100

Trust & Security

Trust Score91/100

Certifications

Swedish Gambling Authority LicensedMGA LicensedUKGC LicensedSSL 256-bit EncryptionSpelpaus Integrated (Sweden)GAMSTOP Integrated (UK)GRI Sustainability Reporting

Specialties

Online CasinoSlots

Operating Markets

SwedenNorwayFinlandDenmarkItalySpainUKBelgiumGermanyNetherlandsLatin America

Languages

SwedishNorwegianFinnishDanishEnglishGermanItalianSpanishDutchFrench

Currencies

EURSEKNOKDKKGBPUSD

Customer Support

24/7 Live ChatEmailPhoneSocial Media

Awards

  • EGR Operator of the Year (Nordics)
  • SBC Awards — Sports Betting Operator
  • Gaming Intelligence Awards — Nordic Operator
  • iGaming Business Awards — Multi-Brand Operator
Visit Betsson AB