Betsson disclosed revenue of €186.3m ($189.5m) from its second quarter results, which saw Latin America become its largest market – while revenue in western Europe fell by almost 40%.

Pontus Lindwall, CEO at Betsson said the business saw progress in most areas throughout the quarter, and spoke highly of its sportsbook progress.

“Betsson’s second quarter featured continued good growth with all-time high revenue and further investments to support our expansion,” said Lindwall. “The group’s organic growth was 13%, mainly driven by Latin America, Central and Eastern Europe and Central Asia, where we see long-term growth potential as these markets still have a low share of online gaming.”