Betsson experienced a strong financial performance in 2023, with revenue growing by 22% to €948.2m. The company saw organic growth of 40%. Sportsbook revenue increased by 7% to €267.0m, while deposits rose by 37% to €5.01bn. EBITDA also saw significant growth, up 52% to €262.7m.
In Q4, Betsson’s revenue grew by 14% to €251.9m, with casino revenue up 25.1% to €182.8m. The company’s largest market remains Central & Eastern Europe and Central Asia, which accounted for 42% of total revenue.
Despite challenges such as increased gaming taxes, Betsson remains optimistic about its future growth prospects, with the company recently securing new licences in Serbia and France.