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Betsson Good 3rd quarter
11/4/09 - The Swedish gambling group Betsson has delivered another solid quarterly result, posting Q3 2009 numbers that show a 17 percent rise in pre-tax income to SEK 79.6 million (Q3 2008: SEK 68.2 million).
The company, which offers online poker, casino and sportsbetting services reported an impressive overall increase of 26 percent in third quarter revenues compared to the same period in 2008: SEK 316.7 million vs (2008 Q3) SEK 252 million.
CEO Pontus Lindwall noted that gross turnover in sportsbook operations continued at a high level, and that online casino numbers had developed well, thanks largely to partnership deals.
Lindwall reported that during the quarter Betsson had launched live streaming and mobile betting in a bid to further boost sportsbetting performance.
Betsson's year-to-date performance remains encouraging, with pre-tax income now reflecting a 20 percent increase to SEK 224.6 million over 2008 numbers.
The group’s third-quarter performance took pre-tax income for the 2009 year to date to SEK224.6m, a 20 percent on that achieved by this time last year. YTD revenues have soared 28 percent and were at SEK 916.8 million at the end of September, well up on the same period in 2008 when SEK 716.7 million was achieved.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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