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Swedish Betsson Seeks Full Control of Polish Bookmaker Fuksiarz

01:18

Swedish Betsson Seeks Full Control of Polish Bookmaker Fuksiarz

Stockholm-listed Betsson, a major player in the global gambling industry, is moving to fully acquire the Polish bookmaker Fuksiarz.pl. The Swedish giant already owns 49% of the company and is seeking approval from Poland's Office of Competition and Consumer Protection (UOKiK) to purchase the remaining shares.

Fuksiarz, launched in 2021, reported PLN 126.6 million in revenue in 2023 but has yet to achieve profitability, recording a net loss of PLN 14.6 million.

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