Betsson revenue increase by 22 per cent
Bookmakers Top Buchmacher

Betsson revenue increase by 22 per cent

Betsson bookmaker revenues were up by 22 per cent in the third quarter compared to the same period last year, despite marketing costs that rose 19%.

This substantial rise in revenues was mainly due to the impressive sportsbook performance with its year-on-year revenues increasing strongly by 91 per cent. Betsson's Live Betting leapt to 278 per cent.

Betsson's gross profit in the Nordic region decreased 7%, mainly because of the 25% decline in poker. Gross profit in the Eueropean Union (outside Sweden) territories fell 6%, which Betsson's spokesman attributed to their having shut down its small French operation and decreased activity in Germany.