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Solid year for Betsson despite sportsbook decline in Q4

9th February 2017 9:12 am GMT

Stockholm-listed operator Betsson has reported an 11 per cent increase in revenue to SEK4,117.3m (€434.8m), with strong growth in its casino vertical during the final quarter offsetting a decline in sportsbook revenue.

It follows a solid performance during the final quarter which saw revenue climb by 7 per cent to SEK1,118.5m, with the share of revenue from locally regulated markets nearing 20 per cent.

Q4 2016 Revenue Comparison (SEK)

Casino revenue grew by 20 per cent to SEK823.7m, [...]

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