Scout Gaming Group, a supplier of fantasy sports activities to regulated gaming operators, has expanded its presence in Brazil by means of a brand new cope with an area fantasy operator. Cartola, the operator in query, will obtain entry to the provider’s thrilling fantasy merchandise.
Scout Gaming Expands in Brazil
Underneath the cope with Cartola, Scout Gaming Group will energy the Brazilian model with its critically-acclaimed fantasy sports activities merchandise. The supplier, which serves numerous markets in Europe and past, will now get the possibility to additional broaden its horizons and increase its attain.
Scout Gaming relies in Sweden and gives each business-to-business and business-to-customer fantasy sports activities and sports activities betting merchandise. It additionally has working hubs in Norway and Ukraine.
Cartola, in the meantime, is a Brazilian each day fantasy sports activities firm with huge plans for the long run. The corporate has deliberate the product launch for the primary quarter of the subsequent yr and hopes to take the fantasy market by storm. The Cartola model is owned by DFS Entretenimento, an area leisure firm.
Scout Gaming is happy to assist Cartola with its fantasy and each day fantasy merchandise. Niklas Jönsson, the chief govt officer of Scout Gaming Group, stated that he’s honored that Cartola picked his firm over its opponents and stated that the enlargement in Brazil feels very optimistic. Jönsson and his staff are excited to assist the Brazilian fantasy operator and are wanting ahead to the upcoming cooperation.
A 12 months of Ups and Downs for Scout Gaming
Scout Gaming Group continues to interrupt floor within the fantasy sports activities sector whereas constantly increasing its attain. The supplier continues to eye launches in new markets and is consistently seeking to increase its enterprise.
Two months in the past, the fantasy supplier made a foray into the Australian betting market due to its settlement with Apple iSports, an Australian operator of free-to-play fantasy video games and sports activities betting. Underneath an settlement a lot just like the one with Cartola, Scout Gaming agreed to energy Apple iSports with a full suite of sports activities betting and fantasy sports activities options.
Regardless of its ambitions, Scout Gaming’s journey is just not all the time simple. In August, the corporate posted its outcomes for the primary half of the yr. Throughout that interval, the provider recorded an unlucky 47% decline in gaming income. The corporate attributed the suboptimal outcomes to the difficulties it confronted throughout the interval and the excessive prices of enterprise.
The monetary troubles Scout Gaming confronted ultimately compelled it to chop its workforce in half and streamline its enterprise.