ATG has reported its ATG Q1 results, showing stable revenue and improved profitability in the first quarter of 2026 – see more details:
- ATG posted net gaming revenue (NGR) of SEK 1.214bn (ca. EUR 112m) for the quarter, slightly up from SEK1.208bn a year earlier. Operating profit rose to SEK326m, up from SEK267m, reflecting improved cost control and stable income streams.
- Horse betting remained the core product with SEK 866m (ca. EUR 80m) in NGR (Q1 2025: SEK 867m), while sports betting contributed SEK 176m (Q1 2025: SEK 198m) and casino SEK 172m, leaving betting at about 86% of total NGR and casino at around 14%.
- Digital channels generated SEK 1.121bn of NGR, compared to SEK 93m from retail, meaning around 92% of NGR came from online while retail accounted for roughly 8%.
- The group’s operating margin improved to 23%, compared to 19% in the prior-year period. Net profit for the quarter came in at SEK 317m, up from SEK 255m. Cash flow from operations also increased to SEK239m, supporting overall financial stability.
- Denmark continued to contribute to growth, with net gaming revenue up 13% in Swedish kronor terms. The international horse betting segment also showed growth, helping offset flat performance in the core Swedish market. Customer numbers remained stable at around 1.4 million active players.
- Commenting on performance, acting CEO Jörgen Forsberg said: “Casino is under the beginning of the year the area that delivers growth in our business.” He also noted that sports results impacted sportsbook performance during the quarter. The ATG Q1 results highlight ongoing differences between product segments.
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