Better Collective lists on Nasdaq Stockholm
Danish affiliate becomes 19th gambling company to list publicly in the Swedish capital
Danish affiliate firm Better Collective has become the latest gambling company to float on the Stockholm stock exchange.
Better Collective joins other industry operators including LeoVegas, Kindred Group and Betsson on the main Nasdaq Stockholm market and started trading its shares on June 8.
The Swedish capital currently has 19 listed companies operating in the European online gambling industry, beating the London Stock Exchange which is currently home to 16 gambling firms.
Better Collective CEO Jesper Søgaard said: “We are very happy about the great interest in Better Collective demonstrated by institutional investors across Europe and the Swedish public, not to mention a great number of our own employees and board members.
“To us, this confirms the confidence in our strategy, our continued M&A activities and the potential in our strong position as the leading affiliate within sports betting.
“The listing is an important step in Better Collective’s continued growth journey whereby we empower even more egamers around the world,” he added.