Europe-Bet Rumors Cleared Up by Betsson

After Betsson acquired Europe-Bet to enter the Georgian market, malicious rumors began circulating about the purchase.

The rumors were probably part of a smear campaign against Btesson, with the aim of “earning personal financial gains by short selling the Betsson shares.” Betsson released a holding statement in which they deny all the rumored information about the transaction. The statement declares that there was a special investigation on the sellers before the acquisition. These studies did not provide any proof against the acquisition.

The Europe-bet rumors were baseless

To protect their shareholders and brand, Betsson has turned to the Stockholm Stock Exchange and the Swedish Financial Supervisory Authority. The company is currently investigating whether they should take legal actions against the author and distributor of the fictitious document.