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Betsson Group Publishes its Results for Q4 and FY 2024

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Betsson Group has published its results for Q4 and FY 2024.

Highlights for the Quarter October – December 2024

• Group revenue was EUR 306.8 (251.9) million, an increase of 22%. Organic increase of 48%.

• Casino revenue increased by 17%. Sportsbook revenue increased by 36% and the sportsbook margin was 9.8% (6.2%).

• EBITDA was EUR 86.4 (71.9) million, an increase of 20%. The EBITDA margin was 28.2% (28.6%).

• Operating income (EBIT) was EUR 70.2 (57.0) million, an increase of 23%. The EBIT margin was 22.9% (22.6%).

• Net income was EUR 53.1 (43.3) million and earnings per share was EUR 0.38 (0.30).

• Operating cash flow was EUR 84.6 (47.6) million.

• Net debt was EUR -139.8 (-59.6) million.

• Active customers amounted to 1.3 (1.3) million.

Highlights for the Period January – December 2024

• Group revenue was EUR 1106.6 (948.2) million, an increase of 17%. Organic increase of 41%.

• EBITDA was EUR 316.0 (262.7) million, an increase of 20%. The EBITDA margin was 28.6% (27.7%).

• Operating income (EBIT) was EUR 256.7 (210.5) million, an increase of 22%. The EBIT margin was 23.2% (22.2%).

• Net income was EUR 183.7 (173.0) million and earnings per share was EUR 1.32 (1.29).

• Operating cash flow was EUR 272.9 (230.4) million.

• The Board of Directors proposes an ordinary dividend of EUR 0.657 (0.645) per share, and a special dividend of EUR 0.10 per share.

CEO Comment

“Strong finish to the best year ever for Betsson — we continue to strengthen our position as one of the global leaders in gaming and betting.

“As we put 2024 behind us, we can conclude that it was the best year ever for Betsson, where we continued to strengthen our position as one of the global leaders in gaming and betting. The year was characterized by high growth, strengthened profitability and strategic investments in line with our long-term goals and our vision to offer the best gaming experience in the industry.

“Our investments in the Latin America and Central and Eastern Europe and Central Asia (CEECA) regions continue to be a key driver of the Group’s growth, and we have successfully built a strong position in several key markets using our expertise in online gaming and our proprietary technology platform and sportsbook. Our commitment to sports and marketing through strategic sponsorships has also played an important role in strengthening Betsson’s brand and engaging our players globally.

“Our investments to strengthen the product offering and increase brand awareness contributed to the excellent results for the year. For the full year 2024 we passed one billion euros in revenue for the first time, which was 17 percent higher than the previous year. At the same time, the EBIT margin strengthened to over 23 percent thanks to our scalable business model and continued cost control. The cash flows of the business and the robust balance sheet enable us to keep paying attractive dividends to our shareholders while we continue investing in future growth. For 2024, the Board has proposed an increased ordinary dividend of 0.657 euros per share, and a special dividend of 0.10 euros per share.

“During the fourth quarter we saw sustained high customer activity in both casino and sports betting. New records were set across the board on a Group level – customer deposits, gaming turnover, revenue and EBIT were the highest ever in a single quarter. Revenue increased by 22 percent and hence passed 300 million euros for the first time in a single quarter. At the same time, EBIT increased by 23 percent compared to the corresponding period in the previous year.

“I would like to thank our employees for their dedication and hard work, which have been instrumental in our continued growth over the past year. We have a fantastic team that continues to deliver exceptional results, and their passion and expertise, combined with our strong corporate culture, position us well for the future.

“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.”

The post Betsson Group Publishes its Results for Q4 and FY 2024 appeared first on European Gaming Industry News.

AOGGAB

EGT is an official partner of the prestigious “Gaming Industry Gala Dinner”, organized by AOGGAB

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EGT is proud to announce that it is an official partner of the “Gaming Industry Gala Dinner”, organized by the Association of Organizers of Gambling Games and Activities in Bulgaria (AOGGAB) with the support of EUROMAT. The event will be held on November 25 and for the third consecutive year will bring together leading companies and figures from Bulgaria and abroad.

The motto of the gala dinner will be “Together in Europe” and will focus on European integration, professional collaboration, and a shared vision for a sustainable future of the industry.

Traditionally, the “Golden Spade’s” Awards will also be presented during the event. The prizes honor the greatest innovations and the most significant achievements in the sector over the past 12 months. EGT is among the finalists in the competition and will compete for the accolade in the “Most Successful Bulgarian Company Abroad of the Year” and “Slot Machine of the Year” categories.

EGT received the nomination for “Most Successful Bulgarian Company Abroad of the Year” as it is the biggest gaming equipment manufacturer in Bulgaria with 28 international offices on 5 continents. In 2025, it made a large number of installations and substantially increased its footprint in a number of markets. Currently, EGT’s products are present in over 100 jurisdictions around the world.

The company is also a contender for the “Slot Machine of the Year” award. It was shortlisted because of its latest series of slot cabinets Supreme, including 4 models – S 32-32 UP, S 32-32 ST, S 55 S ST, and S 55 V ST. They immediately received high praise from both operators and players for the perfect combination of attractive design, exceptional convenience provided by their numerous ergonomic features, and compatibility with some of the most popular and beloved games from EGT’s portfolio. Supreme slot cabinets have already been installed in a number of gaming venues globally, where they continue to demonstrate excellent results and remain among customers’ favorites.

The post EGT is an official partner of the prestigious “Gaming Industry Gala Dinner”, organized by AOGGAB appeared first on European Gaming Industry News.

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Abelson Sports

The fragmented sports broadcast landscape: Why accuracy is everything

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For better or worse, the modern sports fan has never had more ways to watch their favourite events.

From traditional TV broadcasts to regional streaming platforms, geo-blocked services, and pop-up channels, the landscape has become a complex mosaic that is extremely tricky to get a firm handle on.

While abundance offers choice, it presents a significant challenge for industry stakeholders – particularly sports betting content sites – who rely on pinpoint accuracy to maintain user trust and integrity.

Maintaining a clear, accurate, and consistent view of which broadcast partner is showing what, where and when, is not only difficult; it’s a mission-critical, full-time operation. This is precisely the problem the Televised & Streamed Sports (TSS) service is able to solve.

Piecing together a global puzzle

The core issue here is fragmentation. What was once a relatively simple matter of listing a game being shown on a major channel has spiralled into an intricate jigsaw puzzle in every corner of the world. A single high-profile match might be split across multiple broadcasters, even within one territory. Streaming giants like Amazon Prime might secure a selection of specific games, while other fixtures in the same competition remain on traditional pay TV.

This issue is compounded by a series of factors:

Regional rights: The same competition is often broadcast on completely different networks in different countries. A game on DAZN UK is not necessarily on every other global DAZN feed.

Tailored needs: Clients now require listings far into the future for forward scheduling, or hyper-specific coverage tailored only to one sport from one regional competition.

The rise of niche platforms: Even non-traditional players like YouTube and social media platforms are buying up niche or partial rights, adding moving parts to an already complicated system.

For an affiliate site to manually source and verify every data point across various regions and platforms would require a major, continuous investment in human capital and infrastructure. It’s a burden that few can realistically sustain to guarantee real-time accuracy while retaining operational efficiencies.

Accuracy as the foundation of trust

For any partner, going from a large betting operator to a content-focused platform like FANZO or OneFootball, accuracy is the absolute, non-negotiable foundation of their product integrity proposition. Users reasonably expect to know exactly where and how to watch a live event, and they expect that information to be correct every single time.

If a content site provides a single incorrect listing or misses a crucial stream, it directly damages its credibility and erodes user trust, which is the lifeblood of any competitive industry. Precision is paramount. This commitment to accuracy is why we have evolved the TSS solution from a basic broadcast listings tool into a comprehensive global data service.

Vigorous verification is essential. Every piece of data at TSS goes through a rigorous confirmation process, combining manual data collection from multiple official sources with expert oversight and extended validation checks. Real-time alerts within the TSS system allow our specialist team members, each with expertise in specific regions, to quickly identify and resolve broadcast changes – which might include postponements, channel swaps or late announcements of coverage – as they happen.

By accessing a client’s API, TSS can map events directly to their own event IDs, ensuring all data aligns perfectly with internal systems, thus dramatically reducing the need for time-consuming reconciliation.

Localisation is key

While sport is global, broadcasting is inherently local. An accurate data solution must be designed with this in mind. TSS localises its service for every region we cover, ensuring that listings, providers, and content are tailored to the local audience and rights holders.

This means accounting for regional broadcasters, in terms of knowing which channel has the specific rights in the UK, Italy, or Brazil, for example. It also means ensuring that start times are correct for the end-user’s geography, and adopting local naming conventions, ensuring instant recognition of a competition in that market.

It’s also crucial to offer a layer of flexibility. We work with clients to fulfil specific, ad-hoc channel requests based on their unique commercial deals with broadcasters. This ensures their end-users see the content advertised on the channels relevant to that specific partnership, all while remaining true to the underlying, verified broadcast reality. This localisation and flexibility layer makes TSS feel completely native in every market it serves, from Europe and South America to Australia and New Zealand.

Easing the burden

Without a dedicated product like TSS, clients would face major, resource-intensive challenges in sourcing, verifying, and standardising their own data. They would be forced to conduct weekly, or even daily, checks on fragmented global rights, a task that has become logistically nightmarish.

The TSS solution removes this enormous burden. By gathering verified data from trusted sources across thousands of broadcasts annually and delivering it in a consistent, easy-to-integrate format, it provides our clients with a single source of truth in an increasingly fragmented environment. In essence, Abelson Sports turns what would otherwise be a constant risk of data inaccuracy and user churn into a clear, reliable, and scalable competitive advantage.

 

By: Brad Gonsalves, Head of Televised & Streamed Sports (TSS) at Abelson Sports

The post The fragmented sports broadcast landscape: Why accuracy is everything appeared first on European Gaming Industry News.

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Coolbet Reaffirms Commitment to Responsible Gaming with Donation to BetBlocker

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Coolbet is proud to announce a renewed donation to BetBlocker, a leading responsible gaming charity offering free access-control tools to players worldwide. This marks the second time Coolbet has supported the organisation’s mission to help individuals manage their gambling habits and play responsibly.

Two years ago, Coolbet’s contribution and volunteer efforts enabled BetBlocker to launch its app and website in Spanish, expanding accessibility to millions of users across Latin America and other Spanish-speaking regions. The renewed donation underlines Coolbet’s ongoing commitment to ensuring such vital tools remain free and available to all.

“Responsible gaming has always been a cornerstone of who we are,” said Fjodor Rauten, Responsible Gaming Manager at Coolbet. “We strongly believe that tools like BetBlocker must remain free for anyone who needs them. By supporting BetBlocker again, we’re helping ensure that players everywhere have access to the help they might need, without barriers.”

BetBlocker’s free software allows users to self-restrict access to online gambling sites and apps for periods of their choice. Its unique Scheduler feature enables users to block access during moments of increased vulnerability, such as weekends, holidays, or paydays.

Coolbet’s renewed donation will help BetBlocker continue expanding its reach, maintaining multilingual support, and improving its technology for global users. The partnership aligns closely with Coolbet’s guiding principle: “Stay Cool. Bet Responsibly.”

“Last week, BetBlocker passed a quarter of a million active users in 2025,” said Duncan Garvie, Founder and Trustee of BetBlocker. “That is an astronomical level of uptake. We couldn’t deliver support to so many people, all over the world, without socially conscientious operators like Coolbet. Their ongoing contribution demonstrates genuine commitment to player protection and ensures that essential tools remain accessible to those who need them most.”

Coolbet first partnered with BetBlocker in 2023, contributing financially and through staff-led volunteer translations that made the service available in Spanish. The collaboration has since been recognised as a milestone in responsible gaming accessibility for Spanish-speaking audiences worldwide.

The post Coolbet Reaffirms Commitment to Responsible Gaming with Donation to BetBlocker appeared first on European Gaming Industry News.

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