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Betsson reports disappointing third quarter organic growth

20th October 2017 8:01 am GMT
Betsson Group

Shares in gaming operator Betsson fell in Stockholm Friday morning after the company revealed that overall growth during the third quarter had been unsatisfactory, with steps already taken to improve performance.

Revenue for the third quarter increased 11 per cent year-on-year to SEK1,180.6m (€122.6m), although organic growth was just 2 per cent. The recently acquired Premier Casino and NetPlay businesses contributed revenue of SEK55.4m during the period.

“Despite a good finish to the quarter, we are not satisfied with the [...]

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