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Betsson posts 5 per cent revenue decline in Q2

19th July 2019 7:48 am GMT

The impact of new online gaming regulations in Sweden, the planned reregulation of the Netherlands gambling market and Norway’s payment processing ban have led to a 5 per cent drop in revenue for Betsson in the second quarter of 2019.

Group revenue for the second quarter amounted to SEK1,277.7m (approx. €120.0m), a decrease of 5 per cent year-on-year or 4 per cent on an organic basis, as strong sports betting revenue growth of 14 per cent [...]

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