Stockholm-listed Scout Gaming Group has agreed a deal to deliver a new daily fantasy sports (DFS) platform to Nordic Leisure.
This will enable Nordic Leisure to offer a complete DFS portfolio across its iGaming brands, which include Optibet and Bestbet, among others.
The platform is expected to launch by the end of next year, providing Scout Gaming with access to the Latvian and Lithuanian iGaming markets.
”I’m pleased that the demand for our offering is increasing,” said Scout Gaming chief executive Andreas Ternström. “Nordic Leisure is a competent, fast growing company with a significant share of its revenues from regulated markets, and I believe they will be a strong partner in the future.”
Nordic Leisure CEO Peter Åström commented: "We have strong knowledge about Daily Fantasy Sports internally and when we finally found a product that met our quality requirements, it was an easy choice.
“DFS has a natural fit in our existing product offering, and we see clear synergies with our broader media- and sports activities within the group.”
Shares in Scout Gaming Group AB (STO:SCOUT) were trading up 1.89 per cent at SEK37.70 per share in Stockholm Friday morning, 6.68 per cent below their post-IPO high of SEK40.40 set on December 11th. Shares in Nordic Leisure AB (STO:NLAB) were trading down 1.15 per cent at SEK25.90 in Stockholm.