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Betsson gambling revenue increases by 14 per cent

George Miller
July 20, 2018
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Betsson, the premier online gambling company in Sweden, posted a rise in revenue of 14 per cent. The revenue increased from SEK1.177m to SEK1.346m during the first quarter of the year.

Casino revenue increased by 16 per cent and sportsbook income rose by 17 per cent. The company reported that 3.7 per cent of the group revenue in the second quarter was related to the World Cup.

Operating income was SEK300.7m, up 45 per cent on the equivalent quarter last year of SEK206.9m.

For the half-year the group’s revenues were SEK 2.255m, up 12 per cent, and net income was up from SEK400.5m to SEK459.4m.

CEO Pontus Lindwall said that the increased revenue was principally in western Europe and increased activity during the football World Cup.

Source: intergameonline.com

Source: Latest News on European Gaming Media Network

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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