Betsson Group has published its interim report for Q2 2021, showing group revenue increased by 14% and had an organic increase of 24%.
Betsson’s revenue from April till June was SEK 1.75bn ($202m). Operating income (EBIT) also increased by 76% to SEK 383.4m, with an EBIT margin of 21.9%.
While sportsbook revenue increased by 125%, casino revenue dropped by 5%, the only area where the operator experienced a decline. Net income amounted to SEK 337.9m, while an annual general meeting agreed to approve dividends to shareholders worth SEK 3.68 per share. Operating cash flow reached SEK 570.7m as active customers increased by 25%.
In addition, during the second quarter, the group acquired a 50% stake in JDP Tech and 35% of Strive Platform.
