Betsson Achieves Record Financial Results in 2023 Due to Casino Growth

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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.

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Henri Welsh is a seasoned writer with a deep passion for the world of gambling and online gaming. With over a decade of experience in the industry, Henri has cultivated an extensive knowledge of casinos, sports betting, poker, and the rapidly evolving landscape of online gambling. His writing is marked by a keen analytical eye and a talent for breaking down complex topics into engaging, accessible content. Henri's articles provide readers with insightful strategies, industry trends, and in-depth reviews, helping both novices and seasoned players make informed decisions.
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