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Swedish company that offers a number of online gambling products has reported solid growth in revenue for the first three months of 2017, climbing 10% to a total of SEK 1.1bn. Gross profit grew at a similar rate, increasing 8% to SEK 806m compared to SEK 746m in 2015.
Casino revenue rose 23% year-on-year to SEK 823m, although a high proportion of “player friendly” sporting results impacted sportsbook revenue, which fell to SEK 250m from SEK 292m in 2015.
“The second quarter is normally seasonally weak. The quarter has started with higher revenues than the daily average for the second quarter last year, but lower than the daily average revenue for the first quarter 2017. The underlying activity remains strong.”, – stated Betsson CEO Ulrik Bengtsson.
