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Betsson shares dip as full year profit hit by German tax settlement

5th February 2016 9:22 am GMT

Sweden’s Betsson has reported strong results for the full 2015 year with revenue increasing 23 per cent to SEK3,772.0m (€402m), while the company has also revealed the acquisition of three new iGaming brands from Nordic Entertainment.

Betsson confirmed Friday that it has acquired Suomiarvat.com, Svenskalotter.com and Norskelodd.com brands for SEK34.7m from its previous partner, Nordic Entertainment.

The company will take over the marketing responsibility and in exchange will not need to pay any partner commission.

During 2015, Betsson [...]

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