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Solid first quarter for Betsson as revenue grows 10%

7th May 2019 1:15 pm GMT
Betsson Group

Stockholm-listed operator Betsson has reported a 10 per cent increase in revenue to SEK1.33bn (€124.1m) for the first quarter of 2019, following growth across its online casino and sportsbook products.

Betsson said that it had a solid first quarter, despite revenue and operating profit being negatively impacted by new regulations in Sweden.

“We have now seen the effects from the new Swedish gaming law for a full quarter,” said president and CEO Pontus Lindwall. “The market has experienced [...]

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