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Italy & Denmark next on Betsson’s radar as Q3 profits soar

28th October 2011 8:23 am GMT

Sweden’s Betsson has reported a 21 per cent increase in revenues to SEK465.7m for the third quarter of 2011, with the company recording an all-time high gross profit during the period as a result of the acquisition of Betsafe.

Betsson said that gross turnover from its sportsbook rose marginally to SEK1,816.6m, of which live betting accounted for 59 per cent, helping the company to a 21 per cent increase in total revenues to SEK465.7m

Cost of sales [...]

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