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

‘Tourism industry, like every other commercial activity, must be managed’ – MHRA President

9 September 2026
by Kevin Schembri Orland

'Perhaps what is now needed is clarity as to where Government wishes to see the industry,' Mr Zahra said.

Ending the year in good company at The Phoenicia Malta

9 September 2026
by MaltaCEOs

The Phoenicia Malta’s selection of meeting spaces and service excellence set the scene to close the quarter – and the ...

Charlton Falzon Cascun appointed LESA CEO

9 September 2026
by MaltaCEOs

He had served in the Armed Forces of Malta and the Police Force for a number of years.

‘Final piece of the jigsaw’ – Malta Film Commissioner on land-sea super stage

9 September 2026
by Tim Diacono

A new tender is seeking a major redevelopment of the Kalkara film studios.