Betsson reported record quarterly revenue in Q2 2026. Results were supported by FIFA World Cup activity and continued customer growth. Higher gaming taxes and weaker B2B revenue reduced earnings.
- Revenue increased 2% to a record EUR 310.2 million. Casino revenue rose 2% to EUR 217.6 million. Sportsbook revenue increased 1% to EUR 91.3 million. Casino represented 70% of total revenue.
- EBITDA declined 31% to EUR 58.5 million. EBIT fell 39% to EUR 42.2 million. Net profit decreased 38% to EUR 30.4 million.
- Active customers increased 32% to 1.83 million. Customer deposits totalled EUR 1.38 billion, down 7% year-on-year.
- Latin America revenue grew 32% to EUR 112.1 million. The region generated 36% of total group revenue, making it Betsson’s largest market. Western Europe revenue increased 8% to EUR 64.2 million. Italy delivered record revenue, turnover and deposits during the quarter.
- Revenue from locally regulated markets increased 17% to EUR 234.2 million. These markets accounted for 75.5% of total revenue, up from 65.7% a year earlier. Betsson Q2 results also showed the company now holds gaming licences in 23 countries.
- Betsson received a sportsbook licence in Santa Fe, Argentina, with a launch planned for Q4 2026. The company also signed a new EUR 75 million revolving credit facility after the quarter.
- Average daily revenue in early Q3 2026 was 13.7% higher than the average for Q3 2025, supported by the FIFA World Cup. CEO Pontus Lindwall said: “The FIFA World Cup has provided a solid start to the third quarter.”
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