Login/Register
NetEnt
NetEnt
Solitics
BigTimeGaming

Betsson shares slump 22% on second quarter profit warning

28th June 2016 8:03 am GMT

Sweden’s Betsson has warned that operating profit could fall by as much as 34.5 per cent during the second quarter of 2016, with results negative impacted by lower sportsbook revenue and unfavourable exchange rate fluctuations.

The operator said that second quarter revenue was expected to be between SEK920m and SEK945m, which would be an increase of around 7 to 10 per cent compared to last year’s total (Q2 2015: SEK860.6m).

Sportsbook revenues are estimated to be between [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Future Anthem
Skywind
Greentube
EveryMatrix
Pragmatic Play
Playtech
Solitics