Net Ent, Good Company, Dangerous Location

Last week we sang the praises of Sweden, its stable environment, its low debt, its budget surpluses, and its low taxes, at least as far as Betsson is concerned. Today, a look at one of Betsson’s suppliers, Net Entertainment, also a Swedish company, but with business centers and revenues originating from some very precarious jurisdictions.

First, a quick update on the Eurozone for background. This place is getting crazier literally by the day. And when I say literally, I don’t mean figuratively literally. I mean literally literally, by the day, just nuts.

The sad news and a testament to how bad of a judge of character I can be, Greek Finance Minister Yanis Varoufakis, after claiming he would resign “the minute he senses that he is becoming a politician” has gone full politician. I mean full-on total politician, I see your Clinton “What the definition is ‘Is’ Is?” raise you a Weiner “My twitter account was hacked and I don’t tweet naked pictures of myself to women who are not my wife…twice,” and present to you this Royal Flush, “That video of me giving the finger to Germany, which is clearly absolutely of me, was doctored and I’ve never given the finger to anyone, ever.”

Not only has he never given the finger to Germany. He’s never given the finger to anyone. Ever.