{"id":1607,"date":"2021-09-24T13:16:49","date_gmt":"2021-09-24T20:16:49","guid":{"rendered":"https:\/\/wagers.com\/staging\/4285\/?p=1607"},"modified":"2021-11-01T13:21:41","modified_gmt":"2021-11-01T20:21:41","slug":"bettson-boardroom-rupture","status":"publish","type":"post","link":"https:\/\/wagers.com\/staging\/4285\/news\/bettson-boardroom-rupture\/","title":{"rendered":"Bettson boardroom rupture"},"content":{"rendered":"<p><strong>Blood on the carpet:<\/strong> A week after Betsson was announced that CEO Pontus Lindwall had \u201ccompleted his assignment\u201d and that the company had embarked on a search for his replacement, it announced yesterday the resignation of chairman Patrick Svensk with immediate effect after the company\u2019s major shareholders said they \u201cno longer had confidence\u201d in him.<\/p>\n<p><strong>That\u2019s disappointing:<\/strong> The statement went on to say that it was the manner of how Svensk handled Lindwall\u2019s \u201cdismissal\u201d that caused the rupture. Svensk had been on Betsson\u2019s board for 17 years with the last four years as chairman. The company allowed him a valedictory comment in the press release where he said \u201cvery sad, and I am sorry that I have disappointed our major owners.\u201d<\/p>\n<p><strong>Bad timing:<\/strong> Betsson has recently been the subject of speculation that it could be the subject of a bid from sports apparel company Fanatics which is reportedly sifting its options with regard to how it can enter the sports-betting sector. How much this kind of boardroom kerfuffle is a hindrance in such circumstances is hard to gauge, as is the question of whether it is at all connected.<\/p>\n<h3>In other news today:<\/h3>\n<ul>\n<li><a href=\"https:\/\/wagersearningsmore.substack.com\/p\/24-sep-weekend-edition-no-15\" target=\"_blank\" rel=\"noopener\">SBC Summit Barcelona<\/a><\/li>\n<li><a href=\"https:\/\/wagersearningsmore.substack.com\/p\/24-sep-weekend-edition-no-15\" target=\"_blank\" rel=\"noopener\">Bally&#8217;s Corporation analyst update<\/a><\/li>\n<li><a href=\"https:\/\/wagersearningsmore.substack.com\/p\/24-sep-weekend-edition-no-15\" target=\"_blank\" rel=\"noopener\">Las Vegas Sands analyst update<\/a><\/li>\n<li><a href=\"https:\/\/wagersearningsmore.substack.com\/p\/24-sep-weekend-edition-no-15\" target=\"_blank\" rel=\"noopener\">Sportsbet analyst reaction<\/a><\/li>\n<li><a href=\"https:\/\/wagersearningsmore.substack.com\/p\/24-sep-weekend-edition-no-15\" target=\"_blank\" rel=\"noopener\">Playtech analyst reaction<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Blood on the carpet: A week after Betsson was announced that CEO Pontus Lindwall had \u201ccompleted his assignment\u201d and that the company had embarked on a search for his replacement, it announced yesterday the resignation of chairman Patrick Svensk with immediate effect after the company\u2019s major shareholders said they \u201cno longer had confidence\u201d in him. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[337,324],"tags":[626,637,612,619,638],"class_list":["post-1607","post","type-post","status-publish","format-standard","hentry","category-analyst-notes","category-news","tag-bally","tag-bettson","tag-las-vegas-sands","tag-playtech","tag-sportsbet"],"_links":{"self":[{"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/posts\/1607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/comments?post=1607"}],"version-history":[{"count":3,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/posts\/1607\/revisions"}],"predecessor-version":[{"id":1610,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/posts\/1607\/revisions\/1610"}],"wp:attachment":[{"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/media?parent=1607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/categories?post=1607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wagers.com\/staging\/4285\/wp-json\/wp\/v2\/tags?post=1607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}