Betsson posts record Q3 revenue
Revenue hit €326.5m with €46m EBIT, while active customers rose 40% due to strong casino performance and Latin American growth.
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Owner of online gaming companies
betssonab.comLast updated
In short: Betsson reported record Q3 revenue with lower profit, expanded in France and Belgium, and completed Rhino acquisition.
Revenue hit €326.5m with €46m EBIT, while active customers rose 40% due to strong casino performance and Latin American growth.
Group revenue rose 3% to EUR 922.1 million, driven by Latin America growth and the Rhino acquisition, despite lower EBITDA margins.
EBITDA fell 31% to EUR 58.5 million, impacted by lower B2B revenue and higher gaming taxes.
Group revenue reached a record €310 million with EBIT of €42 million, boosted by FIFA World Cup activity and Latin America growth.
Earnings for Betsson Group rose 10% in the third quarter, up 8% on a same-store basis, reflecting the addition of Rhino Entertainment Group to Betsson's...
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