Online Casino News - Good results for Betsson
4th of May 2009 Author: Glo Wood
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
28th of November 2008
17th of February 2009
28th of July 2014
26th of July 2014
28th of June 2014
6th of June 2014
26th of May 2014
3rd of June 2014
4th of June 2014
Disclaimer Contact Us Privacy Gambling Help Site Map
LatestCasinoBonuses.com © 2006-2014
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
PLUS join now and get...
LCB $500 My Pot of Gold Contest
View more information here