BETSSON POSTS A SOLID THIRD QUARTER
6 November 2009
26 percent year-on-year rise in quarterly
revenues
The Swedish gambling group Betsson has delivered another
solid quarterly result, posting Q3 2009 numbers that
show a 17 percent rise in pre-tax income to SEK 79.6
million (Q3 2008: SEK 68.2 million).
The company,
which offers online poker, casino and sportsbetting
services reported an impressive overall increase of 26
percent in third quarter revenues compared to the same
period in 2008: SEK 316.7 million vs (2008 Q3) SEK 252
million.
CEO Pontus Lindwall noted that gross
turnover in sportsbook operations continued at a high
level, and that online casino numbers had developed
well, thanks largely to partnership deals.
Lindwall reported that during the quarter Betsson had
launched live streaming and mobile betting in a bid to
further boost sportsbetting performance.
Betsson's year-to-date performance remains encouraging,
with pre-tax income now reflecting a 20 percent increase
to SEK 224.6 million over 2008 numbers.
The
group’s third-quarter performance took pre-tax income
for the 2009 year to date to SEK224.6m, a 20 percent on
that achieved by this time last year. YTD revenues have
soared 28 percent and were at SEK 916.8 million at the
end of September, well up on the same period in 2008
when SEK 716.7 million was achieved.
Online Casino News Courtesy of
Infopowa
More news here.
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