Betsson Group CEO Pontus Lindwall shared that the company has achieved “continued profitable growth,” after the Swedish gaming giant reported €893.1 million in revenue for the first nine months of 2025, a 12% rise compared to the same period last year.
Discussing the third quarter, Lindwall said, “In the third quarter, revenue increased by 6 percent and operating profit by 4 percent compared with the corresponding period last year.” The company generated €295.8 million in quarterly revenue, while operating profit reached €66.9 million, reinforcing Betsson’s steady upward trend.
Lindwall highlighted that “casino revenue was at a new all-time-high level in the third quarter,” noting a 6 percent year-over-year increase. He attributed this success to the company’s balanced business model, explaining, “We have a proven, successful product portfolio consisting of both casino and sports betting, as well as a well-diversified mix of revenues from different geographical regions, which lowers the risks of periodically weaker developments in individual products or markets.”
The sportsbook segment also contributed with a 4 percent revenue rise, while regulated markets stood out with robust results. “Revenue from locally regulated markets increased by 16 percent and accounted for 64 percent of total revenue during the quarter,” Lindwall said.
Western Europe proved to be a major driver of growth, achieving a 27 percent increase in revenue, largely due to Betsson’s growing presence in Italy. “The largest growth contribution during the quarter came from Western Europe, where revenue increased by 27 percent, mainly driven by continued strong growth in Italy, where we continue to gain market share in both casino and sports betting,” Lindwall explained.
Latin America remained a vital contributor: “Latin America continues to be an important growth region, with 10 percent revenue growth in the quarter, and casino revenue reaching new record levels while sportsbook revenue slowed slightly due to seasonally lower activity.”
Looking ahead, Lindwall expressed optimism about Betsson’s momentum and upcoming opportunities. “I look forward with confidence to the end of the year and ahead to 2026 with the upcoming World Cup in football. Our strong balance sheet enables continued investments in product development and strengthened market positions to support continued stable profit growth and dividends to our shareholders,” he stated.
With earnings per share up 10 percent year-over-year and EBITDA reaching €82.5 million in Q3, Betsson’s financial stability positions it strongly for upcoming events like the 2026 FIFA World Cup, which historically drive major surges in global betting activity.
Published: Oct 27, 2025 05:37 am