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Better Collective posts record first quarter revenue of €38.8m

13th May 2021 8:44 am GMT

Stockholm-listed sports betting affiliate Better Collective has reported an 86 per cent increase in revenue to a record €38.8m in the first quarter of 2021, buoyed by an all-time high in new depositing customers (NDCs).

The company enjoyed strong growth from its Publishing division as revenue rose 24 per cent to €23.9m, while revenue from Paid Media grew to €15.0m, up from just €1.7m a year ago as a result of recent acquisitions.

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