Betsson sounds Q1 alarm bells as pressure across core markets increases

Thursday, April 9, 2026 7:43 PM
Photo: Shutterstock
  • Patrick Killeen, SBC News

Betsson AB has issued a preliminary warning on its Q1 2026 results, signalling margin performance pressures across its core markets.

The Stockholm-listed operator expects group revenue to reach €285m [$333m], down 3% from €294m [$344m] in Q1 2025, while EBIT is forecast to fall sharply to €34m, a 47% decline (Q1 2025: €64m), reflecting the impact of a changing revenue mix and increased cost pressures – primarily attributed to elevated tax impacts.

Providing a breakdown of geographic performance, Betsson’s Q1 results saw growth in Latin America (€93m, up from €75m) and Western Europe (€61m, up from €56m). Yet market growth is offset by sharp declines in CEECA (€96m, down from €122m) and the Nordics (€31m, down from €38m).