Scout Gaming pens SG Digital and Expressen deals
Fantasy sports and pool betting provider Scout Gaming Group has agreed a deal to provide its content to SG Digital customers around the world, as well as striking a deal to provide a gaming platform for Swedish media giant Expressen.
The agreement will allow SG Digital customers to directly request content from Scout to add to their own platforms.
Scout said that due to the uncertain timetable of the uptake of its products, it is unable to state what impact the new deal will have on its revenue for 2019.
In addition, it will provide Swedish publishing house Expressen, part of Bonnier Media, with its gaming platform for fantasy sports contents.
“That Expressen, which is one of the leading media houses in Sweden, chooses to offer fantasy sports to its readers through our platform indicates that interest for fantasy sports in Sweden is increasing,” Scout Gaming chief executive Andreas Ternstrom said. “The fact that we are chosen as the preferred supplier confirms our ambition to be the leading supplier within the area.”
Expressen Premium commercial manager Dan Edstrom added: “Sport has always been one of Expressen's most important areas, with a large and loyal audience.
“The fantasy sports platform we now receive from Scout Gaming allows us to expand our offering within our subscription service Expressen Premium for all sports-interested readers who so far signed up for a subscription.”
Last month, Scout reported increased losses in Q1 of 2018, despite its operating revenue more than doubling to SEK3.5m (£293,020/€329,130/$369,808).
Operating loss widened from SEK8.9m to SEK17.0m this year, while loss before tax jumped from SEK9.1m to SEK16.12m. After tax of €22,000, Scout ended the quarter with a loss of SEK16.10m, compared to SEK9.1m in 2018.