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Betsson buoyed by sports betting growth in Q1

23rd April 2020 9:59 am GMT
Betsson
SBTech

Stockholm-listed gaming operator Betsson has reported solid growth in the first quarter of 2020, with revenue climbing 7 per cent to SEK1.42bn (approx. €125.6m), driven by improved sportsbook revenue and margin.

The company said that its online casino revenue was in line with Q1 2019, while sportsbook revenue climbed by 29 per cent year-on-year with an improved margin of 8.5 per cent compared to 6.3 per cent a year ago.

Online casino remains Betsson’s largest segment with [...]

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