Betsson’s group CEO Pontus Lindwall declared that 2024 was the “best-ever year” for the company as it passed the €1bn revenue mark for the first time.
Revenue of €1.1bn for FY24 was an increase of 17 per cent, up from €948.2m, and was matched by an increase in EBITDA of 20 per cent to €316m, up from €262.7m.
Betsson was helped in pushing past the €1bn revenue mark by a strong Q4.
Customer deposits, gaming turnover, revenue and EBITDA were the highest-ever in a single quarter, Lindwall confirmed.
Q4 revenue rose 22 per cent year-on-year from €251.9m to €306.8m.
EBITDA rose 20 per cent from €71.9m to €86.4m.
Casino revenue jumped by 17 per cent and sportsbook revenue climbed by 36 per cent.
“We continue to forge new paths and act as pioneers in everything we do and look forward to continuing our growth journey in 2025,” Lindwall said.
“Geographic expansion and diversification remain key words for us, and we have a full pipeline of activities to support continued growth.
“With disciplined capital allocation, promising strategic initiatives and our commitment to strengthening the customer experience, we are confident that we can continue to create long-term value for our shareholders and customers."
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