Betsson Poker Profit Grows 49 Percent
Friday July 27, 2012
Gross profit growth in the second quarter out performed that of the first quarter which saw a rise of 34 percent.
Poker represented 6.2 percent of gross profit in the second quarter up from six percent in the first quarter of 2012 and the same as the second quarter of 2011.
Overall revenues amounted to SEK 486.2 million, equivalent to an increase of 44 percent.
Magnus Silfverberg, president and CEO of Betsson Poker, said, "Betsson is strengthening its position as a sportbooks operator through a broader sportsbook offering with even more mobile solutions. In addition, several technical development projects have been undertaken with the purpose of securing future growth and profitability. This, together with the highest activity level ever and the ATH in deposits, indicates a continued strong development for Betsson."
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