Finance

Betsson reports all-time high Q4 revenue as German regulatory impact hits hard

Operator’s share price falls by more than 9% on 70% German market decline despite double-digit growth elsewhere

Betsson Group has reported all-time high revenue of €174.3m in Q4 following a 37% increase. Sportsbook was the strongest performer during the period, where revenue rose 47% to €45.4m, while casino revenue increased by 33% to €126.9m. Betsson’s sportsbook margin for Q4 met the rolling quarterly average of 7.3%. Casino accounted for 73% of overall…

Betsafe | Betsson Group | Finance | Germany | Online casino | Pontus Lindwall | Q4 2020 | Sports betting

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