Stockholm-listed fantasy sports provider Scout Gaming has won a new tender to supply its services to Norwegian state-owned operator Norsk Tipping.
Scout Gaming has been chosen to provide its fantasy sports product services to Norsk Tipping, with the new offering expected to launch during the first half of this year.
A definite agreement is expected to be signed in the near future, which Scout Gaming said would likely have a material impact on the company’s revenue.
“To be chosen by state governed Norsk Tipping after a competitive public procurement process is a fantastic outcome for Scout Gaming and a proof to the innovation and leadership we continue to show in the fields of sports,” said Scout Gaming CEO Andreas Ternström.
Shares in Scout Gaming Group AB (STO:SCOUT) were trading up 7.65 per cent at SEK19.00 per share in Stockholm earlier Monday.