When you’re at the helm of a business you’re passionate about, it’s easy to get attached to the products you’ve invested time and energy to create, even when they’re not performing as they should. However, despite the difficulty, viewing things from a non-emotional lens is often necessary for success.

Tomas Bäckman, CEO at Hero Gaming, touches on the importance of this in a recent interview with EGaming Review.

Since taking the reins in 2018, the CEO has steered the company, which has offices in Malta and Sweden, through the trials of COVID-19. At the outset of the pandemic, Mr Bäckman says that its online casino focus, led by flagship brand Boom Casino, helped cushion some of the financial impact felt by its sportsbook-first rivals.

Still, despite the fact that Boom Casino’s growth was actually helped by COVID-19 lockdowns, the CEO tells EGaming Review that its success was mainly down to the core strength of the product itself, emphasising, “I’ve been in the gaming industry for 10 years now and I don’t think I can recall such a strong development for any brand that I’ve seen, so that’s obviously impressive.”

As for products that don’t deliver as well, the CEO reveals “a growing cutthroat attitude” which includes not shying away from axing what doesn’t work. “If a product doesn’t perform over time, we close it down. You can’t get emotional with regards to your products and must be ready to kill your darlings,” he maintains.

And with the Nordic operator’s growing success, it certainly appears to make business sense.

Related

Real estate valuer Justin Mizzi joins QP as Partner

29 August 2025
by Robert Fenech

‘It is a privilege to be part of such an ambitious and well-established firm’

€169 million superyacht Gigia docks in Malta

29 August 2025
by Adel Montanaro

The superyacht stretches nearly the same size as Mercury Tower, Malta’s tallest building.

Jonathan Falzon promoted to Head of Research at Rizzo Farrugia

28 August 2025
by Adel Montanaro

Rizzo Farrugia is also a founding member of the Malta Stock Exchange.

PIN-UP Global transforms into the RedCore Business Group

26 August 2025
by MaltaCEOs

PIN-UP Global is scaling up to become the RedCore Business Group to realise its ambitious plans for expansion into new ...