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Sportsbook Leads Betsson to Q1 Revenue Growth

27th April 2010 7:42 am GMT

With growing contributions from outside of its core Nordic markets, Sweden's Betsson AB has reported a 17% increase in revenues to SEK367.7 million (€38.4 million) for the first quarter of 2010, buoyed by a strong performance from the company's sportsbook offering which saw gross turnover cross the SEK1 billion threshold for the first time.

Betsson said that gross turnover from its sportsbook surged 89% year-on-year to SEK1,012.8 million in the first quarter with live betting now [...]

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