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Betsson investors
 November 9, 2008, 4:56 am (3 years ago)Betsson investors are going to have something encouraging to revitalize themselves in these challenged financial times after the release this week of record periodical numbers from the Swedish listed company. 3rd-quarter numbers for the 3-month stage to the end of September saw incomes go up fifty two% to SEK 252; operating income jumped twenty six % to SEK 67.8 million and active customer numbers climbed by forty % to 127,300.
On a periodical basis, Betsson’s casino operations gave sixty two % of the group’s total incomes, jumped fourteen %. The contribution from additional products increased by twenty nine %, poker only four %, whilst the sportbook contribution stayed stable.
The company has kept its energetic position in opposition to Swedish domineering operations which saw it launched a land betting shop in Stockholm in disobedience of threats from the gaming authorities. According to Betsson, after a grievance from gaming administrators regarding the shop, the local police started an examination and a fine was enforced. In spite of these threatening moves, Betsson is obstinate that it is running within European Union regulation and aims to maintain the shop open pending positive developments now taking place on the regulatory front.
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