Tain AB has acquired approximately 18.5 % of the shares of Betting Promotion Sweden AB (Publ), which makes Tain AB the largest shareholder of the Company. The sellers include, among others, the former major shareholders, Key Quest Limited, who sold its entire stock, and Hampus Hägglöf, who sold 500 000 shares, which means that Hägglof’s holding is now less than 5 %.
- Betting Promotion’s B2B bookmaker product is currently supplied to more than ten of Tain's clients thus we can clearly see the strength of the product. We believe that both Tain and Betting Promotion are well positioned for playing a major role in the online gaming industry in the future years. We look forward to work even closer with the new management and the Board of Betting Promotion, in order to realise the full potential of both companies" says Christer Fahlstedt, CEO of Tain AB.
- I have spoken to Christer Fahlstedt and I am very positive about Tain’s acquisition, says the Chairman of the Board, Greg Dingizian.
Tain was founded in 2001 and is a proven supplier of infrastructure software in the gaming industry. The products includes a number of popular games in poker, casino and sportsbook, a Back-Office platform with transparent integration of different gaming systems, market leading payment system, which supports more than 50 payment methods. Tain also offers a full range of data centres and support services in several gaming jurisdictions, including Malta, Kahnawake and Curacao.
Malmö December 14 2012
For further information, please contact:
Greg Dingizian, Chairman Betting Promotion Sweden AB.
Tel +46 40 10 53 50