Betsson upbeat on crypto casino amid Yolo brand acquisition report
Momentum for regulated crypto gambling is building, but Betsson leadership says the vertical remains a long-term play, despite reports it could acquire Yolo’s Sportsbet and Bitcasino brands.
Betsson is reportedly interested in acquiring Yolo Group’s crypto casino brands, according to a report in The Australian on Monday.
Although Betsson declined to comment on “rumours or speculative reporting”, its group and operation CEOs have voiced cautious optimism over the future of regulated crypto gambling in an interview with iGB.
The Australian report suggested Betsson was eyeing Yolo’s Sportsbet.io and Bitcasino.io brands, as the crypto operator pivots into fully-regulated operations.
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