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Betsson revenue hits record in Q3 2023

Betsson revenue hits record in Q3 2023

Image source: unsplash.com, Amanda Jones

Betsson Group's revenue in the third quarter of 2023 reached 236.8 million euros. This follows from the recently published report of the operator, which manages 20 online brands, including NordicBet, Betsafe and CasinoEuro.

Betsson's income set a record for the company's entire history. Compared to the same period last year, this figure increased by 18.6%.

The main source of income for the company remains online casinos. Revenue from it amounted to a record amount of 172 million euros with a turnover of 8.29 billion euros. The share of online casinos in the company's total revenue was 72%.

The operator's income from sports betting increased by 2.4% to 63.3 million euros, and turnover by 23.7% to 1.31 billion euros.

The company's revenue in Central and Eastern Europe and Central Asia amounted to 97 million euros, which is 23.0% more than a year earlier.

€51.7 million of revenue was generated from the Latin American market and €46.1 million from Scandinavia.

Revenue in Western Europe increased by 56.9% to €39.2 million.

Published October 26, 2023 by GamblingTalk
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