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Betsson Q1-2015 Reports

Friday April 24,2015 :  BETSSON REPORTS A STRONG FIRST QUARTER
 
Revenue in Q1-2015 increased by 24 percent.
 
Swedish gambling group Betsson AB has posted a strong Q1-2015 report, with highlights that include:
 
* Revenue up by 24 percent to SEK 847.4 (686.0) million - the highest quarterly revenue figure ever reported;
 
* Organic growth of 14 percent;
 
* Operating income up 39 percent y-o-y at SEK 238.0 (171.2) million;
 
* Operating margin of 28.1 (25.0) percent;
 
* Income before tax of SEK 236.4 (166.6) million;
 
* Net income of SEK 224.1 (157.7) million, corresponding to SEK 4.87 (3.52) per share;
 
* Customer deposits up 43 percent at SEK 3,173.6 (2,212.5) million;
 
* Gross turnover in Sportsbook up 60 percent at SEK 6,054.4 (3,780.8) million;
 
* Mobile revenue up 131 percent at SEK 233.3 (101.2) million; mobile revenue now constitutes 28 percent of total revenue;
 
* Kroon Casino was migrated to the shared technical platform Techsson;
 
* On 31 March, Betsson received a local gaming licence in the UK;
 
Magnus Silfverberg, president and CEO of Betsson, commented that the group has delivered sustainable and profitable growth of 14 percent, along with the highest operating margin of the last 12 quarters.
 
"These figures represent further evidence that Betsson's multibrand strategy of migrating a number of brands to one shared technical platform provides the foundations for long-term, stable and high profitable growth. At the same time, Betsson delivers stable growth in deposits, gross turnover in Sportsbook and active customers. This is a strong indication on continued growth," he said Friday.



Gambling News :

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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