Betsson has reported revenue of SEK 1
Betsson has reported revenue of SEK 1.73bn ($200m) for the tertiary billet of 2021, a 3% increment from the prior-year period.
Casino revenue declined past 3%, with sportsbook revenue climbing by 24%. The sportsbook security deposit for the full stop was 8%.
Operating income reached SEK 323.6m, a diminution of 2%. Net income in the meantime was SEK 287.4m, while operating cash in stream was SEK 423.5m. Active customers end-to-end the quarter increased past 7% to 986,429.
Betsson also noted the acquisition of Inkabet and the 28% investment funds inward Slapshot Media Inc.
Betsson President and CEO Pontus Lindwall highlighted the group’s continued investments inward the US in the update, with the company’s proposed launch in Centennial State during Q1 2022 still on track. Lindwall labelled Q3 2021 “an intense period” in purchase order to secure “everything from meeting the authorities’ reporting requirements to adapting the weapons platform and technology so that the US-adapted sportsbook put up come in a testing and certification process.”
On the acquisition of Inkabet’s B2C business organisation and the investment inward Canadian River startup companionship Slapshot Media Inc, Lindwall said: “Strengthening our business organisation through and through acquisitions is an important factor of our strategy and it has been a successful way of life to make ontogeny but also to build competence inwards the organization. In this way, a dynamical byplay is created that also positively impacts existing operations.”
Lindwall also pointed to the future inward the update, saying: “An of import guiding lead for my leadership has e'er been to driving the accompany towards the goals exercise set for it, disregarding of obstacles along the way of life and i intend to carry on according to that.
“We have built a real strong and competent squad at Betsson and I looking frontward to continuing to establish the troupe yet stronger in the future.”