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What smart money is saying about Modern Times Group MTG ABSweden flag

MTG-B.ST · Technology · Electronic Gaming & Multimedia · Market cap $1.33B

1 fund in our archive has pitched Modern Times Group MTG AB — most recently Protean in February 2026.

Company profile

Modern Times Group MTG AB (publ), through its subsidiaries, operates as a digital entertainment company in the United States, the United Kingdom, Germany, rest of Europe, Singapore, India, New Zealand, and internationally. It operates through Esport and Gaming segments. The Esport segment operates national and international tournaments, as well as grassroots amateur cups, leagues, and festivals; and engages in the gaming technology, event management, advertising, and TV production business. This segment offers its products under the ESL and Dreamhack brands. The Gaming segment develops and publishes mobile and online games under the InnoGames and Kongregate names. The company was founded in 1987 and is headquartered in Stockholm, Sweden.

Fund coverage · 1 thesis

  • Protean
    February 2026

    Modern Times Group MTG AB is a Swedish mobile gaming company with potential value unlock from a PlaySimple spin-off and prospective buybacks, while other units perform well.

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