Betsson Reports Solid Results 06.11.2011

Roulette News

Betsson seems to be going from strength to strength with the publication of its Q3 results publication.

The Swedish gaming giant reported that since January 1st until September 30th, 2011 their revenues were SEK 465.7million and their operating margin was 32.8%. These are amazing results, especially when compared to the same period in 2010 that saw the Betsson Group generate revenues of SEK 385.1million with an operating margin of 21%.

In addition Betsson’s operating income come to SEK 152.8million, compared with SEK 385.1million for the same period the previous year. That is a staggering increase of 89%.

The number of registered players has increased to 3.4 million, compared with 2.8 million players the year before, an increase of 21%.

The big increases in revenue, profits and players can be attributed to three new B2B ventured launched in the passing quarter.

Magnus Silfverberg, president and CEO of Betsson said “the B2C segment is displaying the highest level of underlying activity which we have ever seen and the B2B segment has launched three new collaborations. At the same time, we are adapting the Betsson Group to comply with new regulations across Europe. Being able to make these changes while posting good results is proof of our strength.”

Nowadays the Betsson Group operates an all-inclusive gaming and gambling portal that allows players from most of the world to take part in sports betting and playing online casino games, online poker, online bingo and scratch cards, interactive games and a live-dealer casino where players can play live-dealer roulette games with professional croupiers and have the entire game streamed to their computer in real time.

Share with Friends

Best casinos

Bonus $ Bonus % visit
1500$ 100% Play Now!
100$ 100% Play Now!
$1000 100% Play Now!
4400$ 150% Play Now!

Roulette News

New roulette in Springbok Casino

A South Africa's online casino Springbok added a new Roulette to it's website and mobile versions. Springbok is one of the favorite online platforms in South Africa that gives it's clients an impressive list of hundreds of casino ... Read more

A billionaire lost a fortune playing roulette

A billionaire lost 2 million British Pounds playing roulette. The sad thing is not even the sum that won't probably beggar the Swiss national, but the fact that he is a hard gambling addict. The Ritz Club is suing Safa Abdulla Al-Geabury ... Read more

Casinos to help pay pensions in Chicago

Chicago needs new revenue, so the city government decided to open a city-owned casino. The money that the casino will be making will be kept by the city for seven years to pay out pensions. The legislation that has been introduced in the Illinois ... Read more

Read more