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Betsson Strongest Earnings Ever
The Swedish betting group Betsson has delivered its strongest quarterly report yet despite the difficult trading conditions in the markets it serves.
Highlights from the company's fourth quarterly report this week include:
* The fourth quarter was Betsson's strongest quarter ever
* Revenues rose by 69 percent to SEK 321.1 (189.8) million
* Operating income more than doubled to SEK 91.9 (43.5) million
* Income before tax increased to SEK 93.6 (45.2) million
*Income for the period totalled SEK 92.9 (43.1) million, corresponding to SEK 2.37 (1.10) per share.
Operations over the full year 2008 were similarly positive:
* Revenues rose by 60 percent to SEK 1,037.8 (649.0) million
* Operating income increased 46 percent to SEK 276.6 (189.9) million
* Income before tax was SEK 280.7 (192.7) million
* Income for the year totalled SEK 267.3 (179.4) million, corresponding to SEK 6.81 (4.55) per share
* Cash at the end of the year were SEK 373.2 (232.7) million and the group still has no interest-bearing liabilities.
* The board of directors proposes an increased transfer to shareholders of SEK 5.10 (5.00) per share through automatic redemption procedure.
Pontus Lindwall, Betsson's President and CEO, commented on the results Friday, saying: ”We have experienced solid growth during the quarter and the whole year, with increased activity recorded at all Betsson's websites. We are planning for strong continued growth and do not as yet see any signs of stagnation.”
Gambling News :
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Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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