Oct 24, 2024 / 08:00AM GMT
Pontus Lindwall - Betsson AB - President, Chief Executive Officer, Director
I'm Welcome to Betsson's earnings presentation for the third quarter of 2024. I'm Pontus Lindwall, President and CEO of Betsson and presenting together with me here today is also our CFO, Martin Ohman.
Let's start by looking at some key figures for the third quarter. I'm very pleased to report new quarterly records in revenue and EBITs, which means the 11th quarter in a row with sequential growth on the EBIT level for Betsson.
The high customer activity continued during the quarter with all time high levels in customer deposits and turnover, customer deposits increased by 20% year over year, casino turnover increased by 14% and sportsbook turnover increased by 19% year over year, active customers were up 10% year over year. Group Revenue increased by 18% and EBIT increased by 15%. Growth was broad with continued high activity in the regions, Latin America, Western Europe and CEECA. The share of revenue from locally regulated markets continues to increase and went up from 45% to 58%.
The sportsbook
Q3 2024 Betsson AB Earnings Call Transcript
Oct 24, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers