Betsson Surpasses €1bn Revenue in Record-Breaking 2024
The company reported €1.1bn in revenue for FY24, marking a 17% increase from €948.2m the previous year.
Betsson Group CEO Pontus Lindwall has hailed 2024 as the company’s “best-ever year”, as it surpassed the €1bn revenue milestone for the first time.
The company reported €1.1bn in revenue for FY24, marking a 17% increase from €948.2m the previous year. This growth was accompanied by a 20% rise in EBITDA, reaching €316m, up from €262.7m.
A particularly strong Q4 performance helped Betsson exceed the €1bn mark, with customer deposits, gaming turnover, revenue, and EBITDA all hitting record highs for a single quarter.
Q4 revenue surged 22% year-on-year, rising from €251.9m to €306.8m, while EBITDA increased 20%, reaching €86.4m, up from €71.9m. Casino revenue climbed 17%, and sportsbook revenue saw an impressive 36% growth.
Lindwall commented:
"We continue to forge new paths and act as pioneers in everything we do and look forward to continuing our growth journey in 2025.
“Geographic expansion and diversification remain key words for us, and we have a full pipeline of activities to support continued growth.
“With disciplined capital allocation, promising strategic initiatives and our commitment to strengthening the customer experience, we are confident that we can continue to create long-term value for our shareholders and customers."
