Betsson AB has released its “Best Ever” Full Year financial results, showing notable growth across all key metrics, driven by both its iCasino and sportsbook offerings.
Reported revenue surged by 17 percent, hitting €1.106 billion (£925.84m) and overall the Malta-based, Swedish-origin company achieved an organic revenue growth of some 41 percent.
“[We had a] a strong finish to the best year ever for Betsson. And we continue to strengthen our position as one of the global leaders in gaming and betting,” affirmed Betsson CEO Pontus Lindwall.
EBITDA for FY24 stood at €316 million (£263.56m), a 20 percent increase over 2023. Operating income (EBIT) increased by 22 percent for the full year, reaching €256.7 million (£214.11m).
Net income for 2024 amounted to €183.7 million (£153.23m), up six percent year-on-year. Earnings-per-share increased by two percent, from €1.29 to €1.32.
Betsson’s casino revenue reached €795.4 million for the full year (£663.56m), an 18 percent rise on the previous year.
The sportsbook vertical also showed solid growth, with revenue up 14 percent to €303.4 million (£253.15m); while Bettsson’s active customer base remained stable, with 1.3 million active customers as of December 31, 2024.
Special Dividend
Betsson’s Board of Directors has proposed an ordinary dividend of €0.657 per share, up from €0.645 in 2023, as well as a special dividend of €0.10 per share.
Looking ahead, Betsson remains optimistic about continuing its growth trajectory in 2025, with a focus on expanding its reach in existing and new markets.
Continued Lindwall: “As we put 2024 behind us, we can conclude that it was the best year ever for Betsson, where we continued to strengthen our position as one of the global leaders in gaming and betting.
“The year was characterised by high growth, strengthened profitability and strategic investments in line with our long-term goals and our vision to offer the best gaming experience in the industry.
“Our investments in the Latin America and Central and Eastern Europe and Central Asia (CEECA) regions continue to be a key driver of the Group’s growth, and we have successfully built a strong position in several key markets using our expertise in online gaming and our proprietary technology platform and sportsbook.
“Our commitment to sports and marketing through strategic sponsorships has also played an important role in strengthening Betsson’s brand and engaging our players globally.
“For the Full Year 2024 we passed one billion euros in revenue for the first time, which was 17 percent higher than the previous year.”
The Betsson boss added: “I would like to thank our employees for their dedication and hard work, which have been instrumental in our continued growth over the past year. We have a fantastic team that continues to deliver exceptional results, and their passion and expertise, combined with our strong corporate culture, position us well for the future.
