Business
February 28, 2023
Scout Gaming Minimizes Losses, Continues Journey toward Positive Revenue
Scout Gaming has published its financial report for 2022, highlighting a noticeable decrease in annual losses. The B2B fantasy sports and betting provider attributed the improved metrics to its cost-effective strategy. As reported, Scout Gaming recorded losses of $5.76 million (converted from Swedish Krona) representing a 27% year-on-year decrease from the $7.87 million in losses […]
Industry
December 16, 2022
Scout Gaming to Provide Cartola with Fantasy Products
Scout Gaming Group, a provider of fantasy sports to regulated gaming operators, has expanded its presence in Brazil through a new deal with a local fantasy operator. Cartola, the operator in question, will receive access to the supplier’s exciting fantasy products. Scout Gaming Expands in Brazil Under the deal with Cartola, Scout Gaming Group will […]
Industry
October 17, 2022
Scout Gaming Enters Australia with Apple iSports
Scout Gaming Group, a full-range provider of fantasy sports, has inked a deal with Apple iSports, an Australian operator of free-to-play fantasy games and sports betting. The former company will provide its new partner with sportsbook and fantasy sports solutions. Scout to Power Apple iSports with Solutions In accordance with the agreement, Scout Gaming […]
Industry
August 19, 2022
Scout Gaming Marks 47% Drop in Gaming Revenue
Business-to-business daily fantasy sports, fantasy betting, and sportsbook Scout Gaming Group has published its interim report covering January-June 2022. The report signaled a series of important revenue drops, including a 47% decrease in the company’s revenue from gaming operations during the second quarter. The Second Quarter, an “Intensive Period” The company’s business-to-business revenue reached mSEK […]
Industry
June 30, 2022
Scout Gaming to Lay Off Workers amid Financial Trouble
Scout Gaming, a B2B fantasy sports provider, announced that it has found out about $1.7 million of financial commitments dating to 2021. Subsequently, the company announced that it will be cutting its workforce in half and diluting its shares by 90%. Scout Gaming Identified a $1.7M Black Hole The findings were first mentioned in a […]
Industry
June 6, 2022
Scout Gaming Andreas Ternström Bows Out From CEO Position
Scout Gaming Group’s Andreas Ternström has resigned from his job as chief executive officer six years after he was appointed in the leading position within the company. The Swedish businessman’s decision comes ahead of some major restructuring. His temporary replacement will be the company’s current chief financial officer Niklas Braathen. Ternström, Expected to Leave the […]
Industry
December 7, 2021
Scout Gaming Teams up with GBG for Automated Affordability Checks
Scout Gaming Group continues on a journey where responsible gambling is front and center and consumers’ well-being matters. Part of this journey is the company’s choice of a new partner in the face of GBG. GBG, a firm that focuses on affordability screening for players and whether they can afford to spend on gambling, is […]
Sports
December 1, 2021
Scout Gaming Introduces FanTeam DFS Platform in the US
Scout Gaming has made a debut on the US market with the introduction of FanTeam.us, the alter-ego of FanTeam.com and leading European daily fantasy site. Launched in 2015 as a brand, Scout Gaming’s US-facing subsidiary will now make a bold statement in the DFS market as it is arriving in two dozen states, including California, Florida, Georgia, […]
Sports
October 7, 2021
Scout Gaming Launches in LatAm with Betano Brand in Brazil
Scout Gaming has signed a partnership agreement with Betano Brazil, expanding its own footprint and market service to another leading operator. Betano is a Kaizen Gaming brand that is billed as one of the fastest-growing game tech companies in Europe. Scout Gaming provides leading B2B daily fantasy sports, sportsbook and fantasy sports betting products to […]
Sports
September 23, 2021
Scout Gaming to Partner with Skylands Events and University Sports & Entertainment
Fantasy sports and betting provider Scout Gaming will be partnering with the Florida-based organization Skylands Events and University Sports & Entertainment to support its teams – the New Jersey Jackals and the Sussex County Miners. Through the agreement, Scout Gaming will use its fantasy sports platform to promote the two Frontier Baseball League franchises. Delivering […]