Nordic-origin iGaming superchannel Betsson AB has reported an uber impressive 15 percent surge in group revenue, year-on-year, for H1, ending June 31.
Revenue, with both casino and sportsbook verticals contributing significantly to growth, hit €597.3 million (£517.02m).
Casino revenue, for example, rose 14 percent, y-o-y, to €424.7 million (£367.63m) and sportsbook revenue climbed 18 percent to €169.7 million (£146.89m).
The handle for H1 2025 reached €3.08 billion (£2.66bn) — up by 10 percent compared to last year’s first half.
EBITDA for the half-year period was €161.8 million (£140.03m), up from €149.2 million (£129.12m) in 2024, with a margin of 27.1 percent. Net income for the period was €97.3 million (£84.2m), with earnings-per-share of €0.71-cents.
In Q2 alone, Betsson generated revenue of €303.7 million (£262.04m), a 12 percent increase year-on-year. Casino revenue was €212.4 million (£183.81m) and sportsbook revenue rose to €90 million (£77.87m) during the quarter.
Betsson’s AGM approved a dividend of €0.76-cents-per-share, including a special dividend of €0.10-cents.
The company ended the quarter with net debt of €151.8 million (£131.33m) and 1.38 million active customers.
LatAm Drivers
Affirmed Betsson CEO Pontus Lindwall: “With continued strong customer engagement, continuous product development and a growing market presence, Betsson is well positioned to capture global growth opportunities in the structurally attractive market for online gaming.
“[Our] second quarter [increase] was mainly driven by continued strong growth in Latin America, where revenue increased by 35 percent and reached new record levels, with Peru and Argentina as the main drivers.
Powered by Latin America, notably Argentina and Peru, Swedish-origin omnichannel Bettson reports a sterling H1 and is “gratified to see market lead strengthened”, says CEO Pontus Lindwall
“It is gratifying to see how we continue to strengthen our leading market positions in these countries through both strategic and tactical market activities as well as targeted product development.
“Our strategic sponsorships continue to be an important piece of our marketing strategy. Through our partnerships with big clubs such as Inter and Boca Juniors, we increase visibility and also take a more obvious place in the everyday life of sports, not only as a sponsor but as part of the sports experience and excitement, where we create added value for the fans, clubs and Betsson.”
“Betsson continues to take an active role in supporting a sustainable gaming culture.
“In May, for the second year in a row, we organised a Sustainability Day at one of the largest industry events in Europe, NEXT Valletta.
“The agenda included topics such as sustainable gaming regulations, cooperation to increase channelisation, the promotion of responsible gaming and the contribution of sport sponsorships to local communities.
“We are entering the third quarter with good pace and confidence.
“With a constant focus on product development, data-driven marketing and responsible gaming, we are well placed to continue delivering profitable growth.”
