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

Central Bank Governor dismisses European recession fears in POLITICO interview

15 May 2026
by Nicole Zammit

Current forecasts from the European Central Bank still point towards recession being avoided.

Former FBI Most Wanted hacker to challenge how Maltese CEOs think about security

15 May 2026
by MaltaCEOs

He hacked a nuclear facility at 16. The FBI put him on their most wanted list. Now he is asking ...

Why building a wine cellar has become more exciting than ever

15 May 2026
by MaltaCEOs

'No longer only about locking something away for a distant future.'

AI may be rewarding candidates who game the system, Maltese recruiters warn

14 May 2026
by Nicole Zammit

'The technology is evolving fast.'