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Multi-brand strategy pays off for Betsson in third quarter

25th October 2013 8:15 am GMT

Alongside posting a 14 per cent increase in third quarter revenues to SEK603.4m, Sweden’s Betsson said Friday that it maintains a positive outlook on the future possibilities in China having begun live tests on its internet-based lottery solution as part of an ongoing technological development deal with a state-owned company.

Betsson said that it continues to provide technological development for an unnamed Chinese company involved in a joint venture with a state owned company, as regards [...]

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