Betsson profits down on Netplay integration issues

Operator recorded 21% dip in EBITDA due to increased betting duties and operational setbacks

Betsson this morning reported group revenue growth of 11% to SEK 1,180.6m (£110m) for Q3 2017, but a drop in profits. EBITDA was down 21% to SEK 216m (£20.1m) due to increased betting duties and a set-back in the integration of the recently acquired Netplay brand. Speaking to investors this morning, group CEO and president…

Betsson Group | Finance | Pontus Lindwall | Turkey | Ulrik Bengtsson