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New BEt 24 Boss
Maria Karlsson has been appointed Chief Executive Officer at online gambling operator Bet24 after a fast rise from management trainee in 2004 at owners Modern Times Group AB. She replaces Lotta Lindquist-Brosjö who is leaving the company to pursue other business interests after two years as CEO.
Karlsson is well versed in her post, having been appointed deputy CEO in January this (2008) year. She has worked within Bet24 in various positions, including Chief Financial Officer in 2006.
During MTG's ownership Bet24 has undergone rapid development, becoming profitable in 2007 with sales of SEK 386 million, gross profit of SEK 122 million and operating profit of SEK 10 million. During 2008 the business has reported healthy sales growth of 29 percent for the first nine months ending 30 September, together with a similar impressive rise in gross profit.
Announcing the appointment, Jørgen Madsen, Chairman of the Board of Bet24, said: "Maria has an extensive knowledge of the business as she has been both CFO and Deputy CEO. In her roles she has also been very much involved in the transformation of Bet24 during the past years and she will be able to take us to the next level.
Madsen paid tribute to Karlsson's predecessor, saying: "A lot of changes have happened within Bet24 since Lotta joined; including both re-focusing and re-organisation. With Lotta as CEO Bet24 has become a profitable growth company. With the turn-around completed, we have now decided to go our separate ways. I thank her for her strong commitment and hard work."
Bet24 was founded in 2001 and was acquired by MTB in 2005. The company has active clients in more than 70 countries and offers gaming entertainment including exciting odds on international as well as local sports events, Casino, Poker, Bingo and Lotto betting in 15 different languages.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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