Edition:
United Kingdom

Betsson AB (BETSb.ST)

BETSb.ST on Stockholm Stock Exchange

60.50SEK
5:00pm BST
Change (% chg)

-0.60kr (-0.98%)
Prev Close
61.10kr
Open
61.00kr
Day's High
61.00kr
Day's Low
59.80kr
Volume
334,917
Avg. Vol
795,889
52-wk High
88.86kr
52-wk Low
51.61kr

Latest Key Developments (Source: Significant Developments)

Betsson Q1 EBIT Up At SEK 255.2 Million
Tuesday, 7 May 2019 

May 7 (Reuters) - Betsson AB ::REVENUE GROWTH ACROSS ALL REGIONS AND 21% EBIT GROWTH.Q1 EBIT SEK 255.2 MILLION VERSUS SEK 211.4 MILLION YEAR AGO.Q1 REVENUE SEK 1.33 BILLION VERSUS SEK 1.21 BILLION YEAR AGO.WE HAVE NOW SEEN EFFECTS FROM NEW SWEDISH GAMING LAW FOR A FULL QUARTER.BOTH REVENUE AND OPERATING PROFIT WAS NEGATIVELY IMPACTED BY NEW REGULATION IN SWEDEN.MARKET HAS EXPERIENCED A CHALLENGING START.IT IS TOO EARLY TO DRAW ANY LONG-TERM CONCLUSIONS.STILL SEES SWEDEN AS AN IMPORTANT MARKET LONG-TERM,.WE ALSO SEE INCREASED M&A ACTIVITIES..  Full Article

Betsson Q1 operating profit just above forecast
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Betsson AB ::Q1 GROUP REVENUE WAS SEK 1,210.0 (1,102.0) MILLION, AN INCREASE OF 10 PERCENT WITH AN ORGANIC GROWTH OF 4 PERCENT.Q1 OPERATING INCOME (EBIT) WAS SEK 211.4 (240.9) MILLION.Q1 OPERATIONAL EXPENSES IN QUARTER INCLUDED A NON-RECURRING RESTRUCTURING COST OF SEK 15 MILLION.SAYS Q2 HAS BEGUN WITH REVENUES SLIGHTLY LOWER THAN AVERAGE DAILY REVENUE FOR Q2 LAST YEAR.SAYS WEAKER START IS DUE TO A DECLINE IN AN ACQUIRED COMPANY AND A WEAKER THAN AVERAGE SPORTSBOOK MARGIN IN BEGINNING OF QUARTER.REUTERS POLL: BETSSON Q1 REVENUES WERE SEEN AT SEK 1,245 MILLION, OPERATING PROFIT AT 207 MILLION.  Full Article

LeoVegas: Authentic Gaming Signs Agreements With Playtech And Betsson Group
Monday, 5 Mar 2018 

March 5 (Reuters) - LEOVEGAS AB (PUBL) ::LEOVEGAS AB: AUTHENTIC GAMING SIGNS AGREEMENTS WITH PLAYTECH AND BETSSON GROUP.‍AUTHENTIC GAMING WILL GAIN ACCESS TO PLAYTECH'S GLOBAL NETWORK OF OPERATORS​.‍AUTHENTIC GAMING WILL GAIN ACCESS TO PLAYTECH'S GLOBAL NETWORK OF OPERATORS​.‍OPERATORS THAT USE PLAYTECH AS A SUPPLIER WILL GAIN ACCESS TO LIVE ROULETTE TABLES FROM REAL CASINO WORLD​.  Full Article

Betsson Q4 operating profit just beats forecasts
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Betsson Ab ::Q4 ‍GROUP REVENUE WAS SEK 1,256.4 (1,118.5) MILLION​.Q4 ‍OPERATING INCOME (EBIT) WAS SEK 218.4 (265.1) MILLION​.SAYS ‍BOARD OF DIRECTORS PROPOSES TO AGM THAT SEK 393.1 (658.9) MILLION, WHICH CORRESPONDS TO SEK 2.84 (4.76) PER SHARE, IS DISTRIBUTED TO SHAREHOLDERS​.SAYS ‍RESTRUCTURING COSTS OF APPROX. SEK 15 MILLION WILL BE TAKEN IN Q1 2018.REUTERS POLL: BETSSON Q4 REVENUES WERE SEEN AT SEK 1,238 MLN, OPERATING PROFIT AT 215 MLN, DIVIDEND AT 2.76 SEK/SHARE​.  Full Article

Betsson Q3 ‍EBIT at SEK 216 mln, above expectations
Friday, 20 Oct 2017 

Oct 20 (Reuters) - BETSSON AB :Q3 ‍OPERATING INCOME (EBIT) WAS SEK 216.0 (272.9) MILLION, A DECLINE OF 21 PERCENT​.Q3 GROUP REVENUE WAS SEK 1,180.6 (1,063.3) MILLION, AN INCREASE OF 11 PERCENT​.REUTERS POLL: BETSSON Q3 REVENUES WERE SEEN AT SEK 1,218 MILLION, OPERATING PROFIT 212 MILLION SEK.‍PLANS TO LAUNCH FRONT-END FRAMEWORK OBG FOR CASINO AND SPORTSBOOK ON APPS AND DESKTOP DURING 2018.‍PLANS TO INVEST MORE IN MARKETING TO CAPITALISE ON THE IMPROVED PRODUCT OFFERING.EXPECTS THAT REVENUES FROM REGULATED MARKETS WILL CONTINUE TO GROW AND THEREBY INCREASED BETTING DUTIES PAID​.  Full Article

CEO Ulrik Bengtsson leaves Betsson
Monday, 4 Sep 2017 

Sept 4 (Reuters) - Betsson Ab :CEO Ulrik Bengtsson leaves Betsson .Says betsson ab's board of directors has decided to appoint Pontus Lindwall CEO of Betsson until a new CEO has been recruited. Ulrik Bengtsson has chosen to leave his position immediately.In connection with this appointment, Pontus Lindwall’s role as Chairman of the Board will be assumed by the Board member Patrick Svensk until further notice.  Full Article

Betsson Q2 EBIT beats forecasts, sees promising start to Q3
Wednesday, 19 Jul 2017 

July 19 (Reuters) - Betsson AB :Q2 organic revenue growth was 15 percent.Betsson Q2 operating profit SEK 207 million versus SEK 200 million seen in Reuters poll.The daily revenue in the beginning of the third quarter was, as expected, much higher than the average daily revenue for the full third quarter 2016..  Full Article

Betsson asks Commission to re-open infringement proceedings against the Netherlands
Friday, 7 Jul 2017 

July 7 (Reuters) - Betsson AB :Betsson asks the European Commission to re-open infringement proceedings against the Netherlands.  Full Article

UPDATE 1-Sweden could ban online casino advertising

STOCKHOLM, April 24 Sweden's government said on Wednesday it would look at whether to ban advertising by online casinos and other forms of gambling as it seeks to tackle a rise in addiction, sending shares in the sector lower.