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Important Change to the Betsson Governance

21 Mar 2017

Betsson is one of the most popular bookmakers globally, but this doesn’t mean that there aren’t any changes coming at the mother company, the Betsson AB Group. As it was announced just yesterday by the Stockholm-listed European betting & igaming group, the Chief Financial Officer (CFO) Fredrik Rüdén, is about to say goodbye to the company and to the Betsson governance, with his departure being set for August of this year.

Ruden's Impact on Betsson

Mr Ruden has served as a corporate CFO since 2008 leading the firm’s financial strategy, auditing departments and controllership duties.

On the investors’ update the Betsson governance confirmed that Mr Ruden will depart from the company in August and further stated that the company had begun its executive search for Rüdén’s replacement. «Fredrik has contributed much to Betsson’s success during the nine years he has served as the company’s CFO. I wish him all the best for the future.» Ulrik Bengtsson, who is the owner and CEO of the group, commented regarding mr Ruden’s department.

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Betsson is one of the industry leaders in Scandinavia. The brand keeps walking down the road of legitimacy and legality. After all, the Betsson Group is listed on the stock exchange, and transparency is always the target. The in-house platform is quick and easy to use, both on mobile and desktop and product-wise, there are only a few black marks. Odds on secondary leagues are short; the brand tends to cut winners fast, while the stake limits on the events are mainly low. On the other hand, I like the odds on the top leagues, which can challenge those of Bet365 and are better than Bwin’s. Live streaming and the whole live betting section are state-of-the-art, while the quick withdrawals give an extra boost to the recreational bettors looking for a safe and legit bookie.

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