Good results for Betsson


Swedish online gambling group Betsson has delivered an encouraging Q.1 2009 start to its financial year, showcasing strong revenues, cash and profits.

Highlights of the report include:

* Revenues up by 38 percent to SEK 315.5 (227.8 in 2008) million

* Operating income improved by 45 percent to SEK 82.4 (56.8) million

* Income before tax increased by 44 percent to SEK 83.0 (57.5) million

Income for the period totalled SEK 78.8 (53.6) million, an increase of 47 percent, corresponding to SEK 2.01 (1.36) per share

Management reported that the company's cash position by the end of the period was SEK 436.8 (275.1) million, with no interest-bearing liabilities burdening the group.

Pontus Lindwall, Betsson's President and CEO told shareholders: ”All of Betsson´s websites have continued to develop strongly. The healthy customer activity and deposits during the first quarter cement a continued good growth during the year.”

General Gambling News

Login to post a comment:


 
 

Click Here to register a new account
 
 

What's going on right now!

2mins ago someone from United States of America United States of America played Wild 7's Video Poker

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

In the last 24h

  • New Members
    25
  • Members Online
    289
  • Guests
    1,963
  • New Posts
    149

Totals

Casino Of The Month

Casino of the Month

Casino Software

Highest Community Rated Online Casinos
Bet365 Games
  (24 Ratings)
138SunGame
  (24 Ratings)
NextCasino
  (47 Ratings)
CasinoLuck
  (87 Ratings)
Lucky Live Casino
  (21 Ratings)
Jackpot Party
  (32 Ratings)
Sin City Casino
  (32 Ratings)
Betsson Casino
  (72 Ratings)
SuperLenny
  (11 Ratings)
Casino Royale24
  (62 Ratings)
Norskespill
  (19 Ratings)
Spin Palace Casino
  (52 Ratings)
Fonecasino
  (29 Ratings)
Oranje Casino
  (15 Ratings)
MonacoAces Casino
  (28 Ratings)
Youwin Casino
  (18 Ratings)
Whitebet Casino
  (29 Ratings)
Thrills Casino
  (33 Ratings)
Smart Live Casino
  (26 Ratings)
Slots.lv
  (23 Ratings)
Guts Casino
  (67 Ratings)
Betsafe Casino
  (44 Ratings)
Jack Gold Casino
  (21 Ratings)
TradaCasino
  (12 Ratings)
Monte-Carlo® Casino
  (19 Ratings)
NorgesAutomaten
  (9 Ratings)
BitStars Casino
  (12 Ratings)
Jackpotjoy Casino
  (11 Ratings)
PlayMillion Casino
  (23 Ratings)
PlayHippo
  (24 Ratings)