Modern Times Group MTG AB (publ) (MTG-B.ST)
Modern Times Group MTG AB (publ) operates in the Electronic Gaming & Multimedia industry of the Technology sector, headquartered in Stockholm, AB, SE. The stock last traded at $126.00, down 1.25% on the session, giving a market capitalisation of $14.98B. Its beta of 0.84 implies it has historically moved less than the broad market.
Modern Times Group MTG AB (publ) operates as a global digital entertainment powerhouse, with its operations spanning the United States, United Kingdom, Germany, wider Europe, Singapore, India, and New Zealand, among other international markets. The company's activities are structured across two core divisions: Esport and Gaming. Its Esport segment is responsible for organizing a diverse range of competitive gaming events, encompassing both large-scale national and international tournaments, as well as local amateur cups, leagues, and festivals. This division also contributes to gaming technology, event organization, advertising, and television production, prominently featuring the ESL and Dreamhack brands. Concurrently, the Gaming segment focuses on crafting and releasing mobile and online games, notably under the InnoGames and Kongregate labels. Established in 1987, the firm maintains its headquarters in Stockholm, Sweden.
Modern Times Group MTG AB (publ) is most often compared with the following Technology names: