Scout Gaming wins “Fantasy Sports Supplier of the year” at EGR B2B awards for the third year in a row

Scout Gaming has won the EGR Award category “Fantasy Sports Supplier of the year” 2020, which is the third time in a row.

Scout Gaming is currently undergoing an intense growth establishing the Fantasy sports vertical.

“We are pleased to receive this award for the third year in a row. It means a great lot to us that the market appreciates the dedication and hard work we put into developing a market leading fantasy sports product tailored for the European market.  

Our believe has always been that fantasy is the next gambling vertical in Europe. The increased demand seen during this last year shows that this is now an opinion shared with the large European operators. During this year we have successfully launched with the market leading operators in both Greece and the Baltics. We now look forward to launch in our home market Norway – a very well recognized fantasy sports market. In addition, we also experience increased demand from other market leading operators on the continent” comments Scout Gaming’s CEO, Andreas Ternstrom.

For additional information, please contact:
Andreas Ternstrom, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports and pool betting. The company offers a flexible and customizable network based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine.

SCOUT GAMING GROUP COMPLETES DIRECTED SHARE ISSUES AND RECEIVES PROCEEDS OF APPROXIMATELY SEK 75 MILLION

The Board of directors of Scout has, based on the authorization granted by the Annual General Meeting on May 25, 2020, resolved on a directed share issue of 1,835,062 shares through a so-called accelerated “book building” procedure (the ”Share Issue”) and on a directed share issue to the existing Santa Monica-based institutional investor Topline Capital Partners Ltd, of 1,200,000 shares (the “Directed Share Issue”).

The Company receives approximately SEK 45 million before transaction costs from the Share Issue and approximately SEK 30 million before transaction costs from the Directed Share Issue, equal to a total amount of approximately SEK 75 million.

The Share Issue was substantially oversubscribed, and the subscription price has been set to SEK 25 per share through the accelerated book building procedure, which corresponds to a 14.6 percent premium compared to the average volume-weighted price of the Company’s share on the Nasdaq First North Growth Market over the past 30 trading days. The subscription price in the Directed Share Issue has been set to the same price as in the Share Issue.

The Share Issue was directed to Swedish and international institutional investors. In order to facilitate the execution of the Share Issue, the new shares have initially been subscribed for by ABG Sundal Collier AB at a price corresponding to the shares’ quota value. The shares will be transferred to the new and existing shareholders in the Company in accordance with agreements entered between ABG Sundal Collier and the actual investors. Subscribers in the in the Share Issue among others were the German institutional investor Lloyds AG, Provobis and Knutsson Holding. In connection with received payment from investors in the Share Issue, which is expected to occur around July 23, 2020, the Company will receive the remaining amount, i.e. the difference between the quota value and the price in the Share Issue.

“Scout Gaming is in an intensive growth phase establishing the DFS vertical globally. We are at the same time launching many new products and markets, just recently esport had a warm welcome. I’m sure that we trough this placing can capture additional market possibilities to accelerate the growth even more rapidly. I’m very pleased to attract both new and existing institutional investors as well as sector specialists”, comments Scout’s CEO Andreas Ternström.

The reason for the deviation from the shareholders’ preferential rights is mainly to raise capital in a time- and cost-efficient manner and to widen the institutional owner base. Through the Share Issue and the Directed Share Issue, Scout’s financial position will be further strengthened and enable and accelerate growth as well as a continued product development.

After the registration of the Share Issue and the Directed Share Issue, the total number of shares in the Company will amount to 20,536,654 shares. The Company’s share capital will increase with SEK 159,740.12 to SEK 1,080,876.56. The Share Issue and the Directed Share Issue entails a dilution of approximately 15 percent of the number of shares in Scout after the Share Issue and the Directed Share Issue.

In connection with the Share Issue, the Company has appointed ABG Sundal Collier as Sole Lead Manager and Bookrunner and Advokatfirman Delphi as legal counsel.

For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

Billy Degerfeldt, CFO & Investor Relations
Tel: +46 758 16 68
E-mail: billy.degerfeldt@scoutgaminggroup.com.

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta. Scout Gaming is listed on Nasdaq First North Growth Market and the Certified Adviser is Redeye AB.
Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

Scout Gaming nominated for EGR B2B Award

Scout Gaming has been nominated for the EGR B2B Awards for the 4th consecutive time, in the category Fantasy Sports Supplier.

Having won both 2018 and 2019, Scout Gaming has yet again been recognised as an industry leader by being shortlisted at the prestigious EGR B2B Awards. Scout Gaming has been nominated in the category for best Fantasy Sports supplier and the winner will be announced on the 21th of July during a digital ceremony.

EGR Awards is one of the industry’s most honorable award ceremonies. The judging process is made up of a team of independent external judges and the results are audited by Deloitte to ensure fairness and transparency.” I am pleased that Scout year after year is being recognised as one of the industry’s top performing businesses by being nominated again at the EGR B2B Awards. I want to thank our excellent product development teams that are working tirelessly to keep our product at the absolute forefront of innovation and quality” commented Andreas Ternström, CEO.


About the EGR Awards
The EGR B2B Awards reward and celebrate the very best service providers in the online gaming industry, recognising the achievements of suppliers from across all the major egaming disciplines including betting and gaming software, mobile, payments, recruitment, IT and infrastructure and many more.

Scout Gaming signs B2B deal with established Esports company

Having recently launched Esports to its network of B2B partners, Scout has now signed a partnership with its first purely Esports focused actor.

Scout Gaming has concluded a deal with GLHF.gg, a platform strengthening the bond between teams and their fans through a fan-rivalry experience, something that has been missing in ESports for a long time. The service created by GLHF allows fans of ESports teams to compete against each other as well as get the latest news, behind the scenes content and much more. Scout Gaming will deliver a Free2Play platform with coverage for a wide set ESports such as DOTA, eFotball, LoL and CS:GO.

“Our rollout of Esports content has received very positive feedback, from end-users and partners alike and I’m therefore very glad to announce this partnership. GLHF have from inception been focused on building highly engaging products that create value for ESports teams and their fans. They are one of the most successful organizations of its kind, and we are delighted to support their continued growth journey”, comments Scout Gaming’s CEO, Andreas Ternstrom.

The rollout of Scout’s ESports offering and integration to GLHF.gg is expected to start in the coming weeks aimed at launching before summer.

“We see an optimal strategic fit with Scout Gaming’s software. We’re thrilled to give ESports fans an opportunity to try their hand at what it’s like to scout and manage a team during live events. ESports fans know so much about their favourite players, teams, matchups, and the game meta. We’re excited to partner with a platform which put all that ESports knowledge into a competitive environment. Scout Gaming is the leading global fantasy sports supplier, and I’m pleased we could find this fruitful co-operation “, comments GLHFs CPO, Ace St. Germain.

For further information, please contact:


Andreas Ternstrom, CEO
Tel: +46 706 770 660
Email: andreas.ternstrom@scoutgaminggroup.com

About GLHF


GLHF is an ESports fan platform, aimed at ESports fans and viewers around the globe who want to support and follow their favourite team by challenging other fans in trivia, fantasy and other activations. out more at GLHF.gg.

About Scout Gaming Group


Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine and Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

Scout Gaming launches Esports

Scout Gaming is launching Esports across its network of partners. Initial roll out has begun and will be expanded upon during coming weeks.

Scout Gaming intends to roll out Esports to its full client base in near term, opening up the reach of its products and B2B partners to the fast growing and developing Esports market. End-users on the Scout Network will be able to indulge themselves in Esports gameplay in Scout’s award-winning Fantasy Sports tournaments as well as recent and upcoming game innovations such as Player Matchup, Player Performance Odds and the soon to be unveiled sports jackpot game.

Scout Gaming’s platform will support a wide set of Esports, including popular titles such as FIFA, NBA 2K, Virtual Formula 1, CS:GO, LoL, and DOTA2. Gameplay on Esport via Scout’s products is currently available on partner sites such as Fanteam.com, Stoiximan.gr, Strendus.com.mx and Bethard.se with additional launches planned during coming weeks. In parallel, sports and playable events systematically expand in order to meet demand.

“We have been seeking the optimal timing to launch our Esports portfolio. Since traditional sports worldwide are in temporary lockdown, the timing becomes ideal. After some initial tests of Esports Fantasy and Esport Player performance odds, with a great result, we are excited about the launch”, comments Scout Gaming’s CEO, Andreas Ternström.

For further information, please contact:
Andreas Ternstrom, CEO
Tel: +46 706 770 660
Email: andreas.ternstrom@scoutgaminggroup.com

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine. Sales, support, and product management is handled from the office in Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

Scout Gaming signs deal with Hero Gaming

Scout Gaming has signed a deal with Hero Gaming for delivery of the company’s gaming platform.

The deal allows Hero Gaming Group to provide Scout Gaming’s full product offering to its end customers on all brands within the Group. Scout Gaming’s platform is expected to be fully integrated into Hero Gaming’s product range by the first half of 2020.

“Since its inception, Hero Gaming has been a socially focused operator with strong growth, and their current expansion of sports betting with our products is another step in that direction and is of course very exciting for us. The fact that another innovative operator chooses our products clearly shows that the market is ready for new sport products”, comments Scout Gaming’s CEO, Andreas Ternstrom.

Hero Gaming is expected to launch several of Scout Gaming’s products, including a completely new jackpot product.

“We have an overall entertainment focus on our entire product portfolio and work continuously to ensure that we have a modern offering that puts the user experience first. With Scout Gaming, we are adding additional products on that theme, which will strengthen our product range in the sports aspect. Scout’s sports products have a clear focus on individual player performance and offer our customers the possibility to win large prize pots with a relatively small effort, something we know is requested”, comments Hero Gaming’s Sportsbook Manager, Vegard Rinne.

The agreement is expected to have a positive impact on Scout Gaming’s revenues from the second half of 2020.

For further information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
Email: andreas.ternstrom@scoutgaminggroup.com

About Hero Gaming
Hero Gaming was founded in 2013 with a pronounced ambition to combine games with entertainment. The Group operates amongst others Casino Heroes and Speedy Bet and has a total of six brands and has approximately 100 employees. The Group’s first brand Casino Heroes was launched in 2014 with an initial focus on the Scandinavian markets. Read more about Hero Gaming at www.herogaming.com.

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine. Sales, support, and product management is handled from the office in Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

Scout Gaming signs agreement with Norsk Tipping

After being selected as supplier, Scout Gaming has entered into an agreement with Norsk Tipping, the state governed legal gaming operator in the Norwegian market.

“Norsk Tipping is a strategically very important customer to Scout Gaming. Norway is also a well-established country for Fantasy players. With Norsk Tipping being able to offer the Scout Gaming portfolio, consumers will have access to a modern and regulated solution. We are convinced that Norsk Tipping will succeed with their commercial and regulatory ambitions”, comments Scout Gaming’s CEO, Andreas Ternström.

“We are extremely proud to be chosen by Norsk Tipping as their partner for this important vertical for the coming years. We have worked hard to be able to satisfy Norsk Tipping’s expectations and ambitions. As Scout Gaming originate from Norway/Scandinavia, we have grown up using Norsk Tipping’s products. We see Norsk Tipping as one of the leading iGaming companies in the world when it comes to responsible gaming, innovation, and product line. We look forward to work with Norsk Tipping and aim to build a strong long-term partnership”, says Scout Gaming`s CPO, Andreas Sundal.

“Norway is considered one of the largest Fantasy playing nations in Europe and therefore we aim to channel as much of the players as possible to a legally regulated and responsible environment. This agreement with Scout Gaming makes it possible for us to explore and iterate, ensuring the best possible solution to the Norwegian market. We are currently working on proposing game rules which need to be approved by the Norwegian gaming authorities”, comments Norsk Tipping’s Director of Innovation & Development, Per Kristian Mengshoel.

“Scout Gaming came out as the leading competitor in the procurement and we are looking forward to working with them. This could prove to be an important future product category for us, where we hope to see long-term potential”, continues Mengshoel.

For additional information, please contact:
Andreas Ternström, CEO, Scout Gaming
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

About Norsk Tipping
Norsk Tipping is the exclusive legal provider of lottery, sports, and instant games in the Norwegian market. Ever since Norsk Tipping started 70 years ago, the profit from the company’s operations has been channeled back to the Norwegian sport and cultural sector. Norsk Tipping is a state-owned limited company subject to the Norwegian Ministry of Culture. Learn more at https://www.norsk-tipping.no/.

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Fantasy Sports and pool betting. The company offers a flexible and customizable network-based Fantasy Sports solution with support for mostsports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales and support is handled from the office in Malta. Scout Gaming is listed on Nasdaq First North and the Certified Adviser is Redeye AB – Phone: 08 – 545 013 49, email: info@redeye.se.

Scout Gaming enters into an agreement with NetEnt

Scout Gaming has signed a distribution agreement with NetEnt, which will enable NetEnt’s customers access to Scout Gaming’s entire product offering. Scout Gaming is currently being integrated on NetEnt’s platform and will be available to NetEnt’s customers.

NetEnt is one of the leading industry players and has over 200 integrated B2C operators on their platform.

“I am proud that we, as selected Fantasy Sports- and “Player Performance Odds” provider, can sign this agreement with NetEnt, who are expanding its business to also include distribution. It is a pioneering deal and a clear sign of NetEnt’s true innovation ability.

This means that our products reach operators and end consumers in the shortest possible time frame, since most of the integration will already be in place.

NetEnt has a global reach and many of our most prioritized customers can be found within their distribution network,” comments Scout Gaming’s CEO, Andreas Ternström.

 “Scout Gaming is a great addition to NetEnt Connect. The type of content they bring to the table is real in line with our ambition to widen the Connect portfolio and adding games that neither NetEnt or Red Tiger provides. We look forward to make Scout Gaming content available to our connected operators.” comments Director of NetEnt Connect, Rob Fell.

The agreement is of strategic importance for Scout Gaming. The agreement improves the opportunities for new business and reduce time from signing to launch.

For additional information, please contact:
Andreas Ternström, CEO, Scout Gaming
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

About NetEnt
NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on NASDAQ Stockholm (NET–B) and employs 1,000 people in Malta, Stockholm, Kiev, Krakow, Gothenburg, Gibraltar and New Jersey. www.netent.com.

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta. Scout Gaming is listed on Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

This information is information that Scout Gaming Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.45 CET on 4 February 2020.

Scout Gaming enters into an agreement with vivagol.com (Bet Entertainment Technologies)

Scout Gaming Group has entered into an agreement with vivagol.com to deliver the company’s Daily Fantasy Sports platform.

The agreement gives vivagol.tv and vivagol.com full access to Scout Gaming’s DFS platform enabling them to offer a complete Daily Fantasy Sports solution to all its customers in the international market. A free-to-play version will be integrated for the Brazilian market initially, with the target to integrate real money gambling at a later stage.

Scout Gaming’s platform is expected to be integrated into vivagol.tv and vivagol.com product offering during the first half of 2020. Bet Entertainment Technologies hold a b2c license in Malta awarded by MGA last year and has rapid growing operations in South America. The group is also active in Portugal with bet.pt, but currently the regulation doesn’t allow Fantasy Sports betting.

“I’m pleased to reach a deal with the group of the market leader in Portugal with Bet.pt, they have in very short time-frame been able to establish a leading position in the Portuguese market, and they will surely perform well in the whole South America”, commented Scout Gaming CEO, Andreas Ternström.

For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

About Bet Entertainment Technologies
Bet Entertainment Technologies (B.E.T.) is part of a multinational group operating online sports betting and casino sites. The group already owning bet.pt, with which they secured the leading position in Portugal, aims at becoming the number one operator in Portuguese speaking markets
and expand in the rest of South America with the vivagol.com brand.

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group has approximately 80 staff and is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta.