Tag Archives: Betsson AB
- Mobile revenue boosts Betsson AB Q3 result
October 22, 2015
Nordic online gambling operator Betsson AB has continued its strong 2015 momentum, posting growth on all key metrics. According to interim resultS for the three months ending September 30, Betsson's operating income saw a 26% gain to SEK 260 million. The company's revenue amounted to SEK 973 million, up 24%...
- Betsson AB Q2 revenue increases 14% due to mobile growth, H1 up 19%
July 19, 2015
Betsson AB has reported its financial performance for the second quarter, citing revenue growth of 14% year-on-year to SEK860.6 million ($99m), compared with SEK752.3 million ($87m) posted in the same period a year ago. The company attributed significant expansion within its mobile business as one of the main reasons behind...
- Betsson CEO Magnus Silfverberg leaving the gaming industry in July
June 2, 2015
Magnus Silfverberg, president and CEO of Swedish betting operator Betsson AB, has announced he’ll be leaving the company next month. On Tuesday, Betsson announced that Silfverberg (pictured) would vacate the CEO chair on July 17, following the presentation of the company’s H1 earnings report. Silfverberg, who has been Betsson’s CEO...
- Betsson revenue record; Svenska Spel mutters; Sweden drops App Store purge
April 24, 2015
Swedish betting operator Betsson AB has continued its positive momentum from 2014 by posting a new quarterly revenue record. Betsson released a trading update on Friday showing revenue up 24% to SEK 847.4m (US $98m) and net income up 42% to SEK 224.1m in the three months ending March 31....
- Betsson Q2 revenue up 30% as World Cup betting exceeds expectations
July 18, 2014
Swedish online gambling operator Betsson reported the 2014 FIFA World Cup generated betting turnover of SEK 827m (US $120.9m). The Germany v. Argentina final attracted SEK 38m ($5.5m) in wagers, nearly three times the SEK 12.9m average per match over the month-long tournament. Betsson CEO Magnus Silfverberg said the World...
- Betsson acquire Dutch-facing Oranje and Kroon online casino business
February 7, 2014
Swedish gambling operator Betsson AB has acquired Malta-licensed online gaming group Oranje and Kroon, which operates primarily Dutch-facing sites Oranje Casino and Kroon Casino. Betsson has agreed to an upfront payment of €40m in cash and €60m in Betsson shares. A further consideration of between €30m and €45m is expected,...
Betsson CEO Bengtsson leaving due to ‘different priorities’
September 5, 2017