Earnings in the three months to March 31 totaled us$ 8.9 million

Betsson earnings up in the first quarter

(Sweden).- Betsson has booked a 28.5 per cent increase in net profit for the first quarter of 2008, as the diversified online gaming solutions provider continues to grow its European customer base.
2008-05-02
Reading time 24 seg

The Swedish group said earnings in the three months to March 31, 2008, totaled us$ 8.9 million, compared to the us$ 6.9 million in the comparable period last year.

Group revenue increased by 54 per cent to us$ 37.7 million, as the number of active Betsson customers rose more than 40 per cent since last year to 153,000.

"During the first quarter, Betsson has increased focus on customer acquisition and growth," said president and CEO, Pontus Lindwall. "The investment has been successful and as a result of this we laid down a solid foundation for future growth during the year to come."

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