Solid quarter for Betsson

26 percent year-on-year rise in quarterly revenues

The Swedish gambling group Betsson has delivered another solid quarterly result, posting Q3 2009 numbers that show a 17 percent rise in pre-tax income to SEK 79.6 million (Q3 2008: SEK 68.2 million).

The company, which offers online poker, casino and sportsbetting services reported an impressive overall increase of 26 percent in third quarter revenues compared to the same period in 2008: SEK 316.7 million vs (2008 Q3) SEK 252 million.

CEO Pontus Lindwall noted that gross turnover in sportsbook operations continued at a high level, and that online casino numbers had developed well, thanks largely to partnership deals.

Lindwall reported that during the quarter Betsson had launched live streaming and mobile betting in a bid to further boost sportsbetting performance.

Betsson's year-to-date performance remains encouraging, with pre-tax income now reflecting a 20 percent increase to SEK 224.6 million over 2008 numbers.

The group’s third-quarter performance took pre-tax income for the 2009 year to date to SEK224.6m, a 20 percent on that achieved by this time last year. YTD revenues have soared 28 percent and were at SEK 916.8 million at the end of September, well up on the same period in 2008 when SEK 716.7 million was achieved.

General Gambling News

Login to post a comment:


Click Here to register a new account

What's going on right now!

4mins ago someone from United States read article Allied Veterans sue city over online gambling raids

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

In the last 24h


  • New Members
  • Members Online
  • Guests
Highest Community Rated Online Casinos
Guts Casino
  (334 Ratings)
32 Red Casino
  (617 Ratings)
Lucky Red Casino
  (342 Ratings)
BETAT Casino
  (334 Ratings)
Club USA Casino
  (453 Ratings)
Mr Green Casino
  (433 Ratings)
Buzzluck Casino
  (301 Ratings)
  (290 Ratings)
  (297 Ratings)
Raging Bull
  (246 Ratings)
Bet365 Games
  (288 Ratings)
Casino Adrenaline
  (204 Ratings)
Unibet Casino
  (259 Ratings)
  (293 Ratings)
  (380 Ratings)
  (141 Ratings)
  (129 Ratings)
Betsson Casino
  (359 Ratings)
Redbet Casino
  (267 Ratings)
Betsafe Casino
  (343 Ratings)
  (186 Ratings)
Casino Extreme
  (319 Ratings)
Vera John Casino
  (279 Ratings)
ComeOn Casino
  (394 Ratings)
Bet365 Casino
  (549 Ratings)
Sportingbet Casino
  (162 Ratings)
Thrills Casino
  (292 Ratings)
  (217 Ratings)
Intertops Red Casino
  (200 Ratings)
Royal Panda
  (208 Ratings)

Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus