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Betsson Group Publishes its Results for Q4 and FY 2024

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.
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The Fourth Annual Ethical Gambling Forum: A Focus on Sustainability, Accountability, and Culture in Gambling Industry

The highly anticipated Fourth Annual Ethical Gambling Forum will take place in Gibraltar aboard the Sunborn Yacht Hotel on April 29-30, 2025. This year’s conference promises to be an exciting and thought-provoking two-day event centered on the critical themes of Sustainability, Accountability, and Culture. Under the theme of “Why ESG Really Matters”, the forum aims to put safer gambling at the heart of what it means to be an ethical operator in the evolving gambling landscape.
With the increased importance of Environmental, Social, and Governance (ESG) practices across industries, many companies have already started reporting on ESG using the Corporate Sustainability Reporting Directive (CSRD). The forum goes beyond traditional reporting methods to inspire more intuitive actions, helping operators to incorporate ethical and responsible measures into their daily operations in 2025 and beyond. From workplace culture to staff recruitment, duty of care, and collaboration, this year’s event will explore a comprehensive range of essential topics.
Key Themes of the 2025 Forum Include:
- Why Sustainability is Paramount: Understanding the role of sustainability in the gambling sector.
- How to Be an Ethical Operator: Moving beyond compliance to true ethical responsibility.
- Collaboration is Key: Exploring the need for seamless collaboration between services to create a safer environment for all.
- Lived Experience in Gambling: The importance of amplifying the voices of those affected by gambling.
- Education, Education, Education: Addressing the critical need for continuous education in ethical gambling practices.
- Why Good Governance Matters: Understanding the significance of governance measures such as AML, SARs, and Regulatory policies.
- Why ESG is the New Bottom Line: Discussing how ESG initiatives shape financial performance and the future of the industry.
Delegates attending the forum will have the opportunity to hear from a stellar line-up of industry leaders, C-level executives, regulators, safer gambling teams, HR professionals, and other experts. Through practical advice, case studies, and open discussions, participants will gain insights into how operators can take action to build a more responsible, ethical, and sustainable gambling industry.
Attendees will also have the chance to engage in discussions and share their perspectives on the most pressing issues facing the gambling industry today.
Join us for this exciting event and be part of shaping the future of ethical gambling.
The post The Fourth Annual Ethical Gambling Forum: A Focus on Sustainability, Accountability, and Culture in Gambling Industry appeared first on European Gaming Industry News.
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Unleash Magical Wins in Potion Power – The Latest Slot Adventure from Peter & Sons

Peter & Sons proudly announces the launch of Potion Power, a spellbinding high-volatility video slot where players can step into a mystical world where bubbling brews and enchanted ingredients hold the key to incredible fortunes!
Set within a hidden alchemist’s laboratory, Potion Power invites players to harness the power of mysterious elixirs to conjure massive wins. Featuring the Grid Plays mechanic, Potion Power plays on a 5×5 grid and is packed with exciting features, including Wild Multipliers, Avalanche Cascades, Mystery Symbols, and a Free Spins bonus with Sticky Wilds. With a maximum win potential of 20,000x the bet, this enchanting slot is set to cast its spell on players worldwide.
Potion Power features Avalanche Cascades, in which matching symbols are eliminated and others fall in, producing chain reactions for subsequent consecutive wins. Wild Multipliers are experienced during cascades, growing in number for each symbol eliminated and combining for bigger returns when more than one Wild is part of the same win.
Mystery Symbols transform into identical symbols, boosting winning opportunities. Free Spins are activated by three or more Scatters and pay 7 first spins, with extra spins added for additional Scatters. Sticky Wilds during Free Spins build multipliers indefinitely. The Golden Bet boosts Scatter occurrences, and the Buy Feature allows the player to buy Free Spins.
Potion Power will be available in 40+ languages and currencies and will launch on 20th March 2025 across all major platforms.
Yann Bautista, Commercial Director and Founder of Peter & Sons said: “Potion Power is a groundbreaking achievement in our dedication to creating unique, high-quality gaming experiences. Its engaging theme, active features, and massive win potential make us eager to provide players with an engaging journey that fuses magic and exciting gameplay. Our developers have invested untold creativity into this release, and we believe that Potion Power will enthral players everywhere with an exciting and fresh addition to the realm of online slots. We look forward to the response from the players to the magic that we have spun.”
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Stakelogic and Coolbet Raise the Stakes with Exclusive Super Boost Blackjack VIP Table

Stakelogic Live, an award-winning innovator in the iGaming industry, has agreed to a landmark partnership with Coolbet to launch an exclusive-branded Super Boost Blackjack VIP table. The deal marks a landmark victory in Stakelogic’s expansion in the live casino space and offers a distinctive blackjack encounter on Coolbet’s most vital markets of Mexico, MGA, Sweden, and Estonia.
Coolbet players are now able to enjoy a Coolbet-branded Super Boost Blackjack VIP table seamlessly integrated through a special partnership with Stakelogic. The VIP table is powered by Stakelogic’s groundbreaking Chromakey Studio, offering an enriched live gaming experience with perfect brand alignment for Coolbet.
Stakelogic has revolutionised live dealer experiences with its new online casino gaming model. The Super Boost Blackjack VIP table is designed to provide a level of excitement never before experienced, with new game dynamics and increased player interaction. Incorporating a custom, high-spec studio setting, players can expect a luxurious, professional experience that captures the excitement of a land-based VIP casino.
With Chromakey technology, Coolbet-branded blackjack table offers a personalised, high-definition gaming experience that takes live casino offerings to the next level. The collaboration also signifies Coolbet’s mission to deliver entertainment to customers to the next level.
The launch of the Coolbet Super Boost Blackjack VIP table caters to several regulated markets including Estonia, Sweden, MGA, and Mexico, and again bolsters Stakelogic’s growing presence within the international live casino market.
Neil Tanti, Head of Sales at Stakelogic, said, “We are thrilled to partner with Coolbet to deliver a truly personalised gaming experience. This agreement showcases our dedication to innovation and personalisation in live casino gaming. Through our groundbreaking Chromakey technology, Coolbet players can now enjoy a fully branded, high-energy blackjack experience like never before.”
Noel Berg, Head of Casino and Games at Coolbet, said, “Coolbet is always looking for new ways to improve the gaming experience for our players, and this deal with Stakelogic allows us to do just that. By adding the Coolbet Super Boost Blackjack VIP table, we’re offering a truly unique and engaging live casino experience that reflects our brand’s commitment to quality and innovation.”
The post Stakelogic and Coolbet Raise the Stakes with Exclusive Super Boost Blackjack VIP Table appeared first on European Gaming Industry News.
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