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Betsson Increases Dividend Following 2009 Growth

11th February 2010 9:26 am GMT

Betsson CEO Pontus Lindwall is due to propose a dividend of SEK9.0 per share (€0.89) at a press conference in Stockholm this morning, as the company reports 2009 full year revenues of SEK1.3 billion (€129m), up 25% versus the previous year.

Continued strong growth across all product verticals with the exception of poker led Betsson to full year revenues of SEK1.29 billion versus SEK1.03 billion a year ago, with gross profit of SEK1.04 billion (2008 SEK0.82b).

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