Despite an “organic increase” of 4%, group revenue for igaming operator Betsson slumped 3% in the first quarter of 2026. The company reported €285.3 million (US$334 million) in revenue early on 24 April.
Casino revenues dipped 4% and sportsbook revenue was down 1%. Cash flow was €50 million (US$59 million), a 36% shrinkage.
Still, Betsson posted a profit of €25.5 million (US$29.9 million), down from €48.4 million (US$56.7 million) a year earlier. The company recorded 1.5 million active customers during the first quarter.
Betsson blamed the results on declining business-to-business operations. Business-to-consumer operations, it said, “continued to perform well, with solid growth and strengthened market positions.” Direct-to-consumer business was up 15%, particularly in Latin America.
