Betsson Strengthens Partnership with AEK Basketball Club as Title Sponsor

Betsson, a gaming company, and the Greek professional basketball team AEK Basketball Club have revealed an enhanced collaboration, making Betsson the team’s title sponsor. This deal expands Betsson’s prior position as a significant sponsor and coincides with the company’s 60th year in the gaming sector.

The team will now be called AEK Betsson Basketball Club. The collaboration was formally introduced at an Athens event on October 12th, where both groups commemorated their shared past, including a combined €100,000 contribution to aid earthquake recovery efforts in Turkey.

The President of AEK Betsson BC, Makis Angelopoulos, conveyed his excitement about the partnership, noting that both entities are dedicated to utilizing their strengths for ongoing triumph. He also recognized Betsson’s continuous backing, attributing their positive connection as a factor in the team’s accomplishments.

This collaboration aligns with Betsson’s wider expansion plan, which recently encompassed entering the French market through partnerships with local businesses. Furthermore, Betsson has reinforced its collaboration with Pragmatic Play to improve its live casino offerings.

Betsson announced positive financial outcomes for the second quarter of 2023, with revenue rising by 27% to €2.368 billion.

Betsson experienced variations in active users throughout the initial six months of 2023, yet the firm still generated a substantial 29% increase in income compared to the corresponding timeframe the previous year.

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By Kennedy "Karma" Parsons

With a Master's degree in Algebraic Geometry and a Bachelor's in Sociology, this talented writer has a unique perspective on the abstract and social dimensions of gambling and their role in shaping the mathematical and cultural landscape of the casino industry. They have expertise in category theory, social network analysis, and cultural sociology, which they apply to the study of the structural and relational aspects of gambling systems and the development of strategies to promote social cohesion and cultural innovation in casino environments. Their articles and reviews provide readers with a socio-mathematical perspective on the casino industry and the strategies used to bridge the gap between the technical and social aspects of gambling.

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