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Betsson AB (BETSb.ST)

BETSb.ST on Stockholm Stock Exchange

46.65SEK
23 Aug 2019
Change (% chg)

0.10kr (+0.21%)
Prev Close
46.55kr
Open
46.65kr
Day's High
48.05kr
Day's Low
46.65kr
Volume
416,927
Avg. Vol
762,857
52-wk High
88.86kr
52-wk Low
46.00kr

Latest Key Developments (Source: Significant Developments)

Betsson: NGG Nordic Fined By The Swedish Gambling Authority
Thursday, 27 Jun 2019 05:00am EDT 

June 27 (Reuters) - Betsson AB ::NGG NORDIC LTD FINED BY THE SWEDISH GAMBLING AUTHORITY.NGG NORDIC LTD, AN OPERATIONAL SUBSIDIARY IN BETSSON GROUP, WHICH OPERATES BRAND NORDICBET IN SWEDEN, HAS BEEN FINED SEK 19,000,000 BY SPELINSPEKTIONEN.CHANGES WERE MADE TO CUSTOMER OFFERING TO SWEDISH MARKET IMMEDIATELY FOLLOWING SGA'S CLARIFICATIONS..SAYS NGG NORDIC LTD INTENDS TO APPEAL SGA'S DECISION.  Full Article

Betsson Q1 EBIT Up At SEK 255.2 Million
Tuesday, 7 May 2019 01:30am EDT 

May 7 (Reuters) - Betsson AB ::REVENUE GROWTH ACROSS ALL REGIONS AND 21% EBIT GROWTH.Q1 EBIT SEK 255.2 MILLION VERSUS SEK 211.4 MILLION YEAR AGO.Q1 REVENUE SEK 1.33 BILLION VERSUS SEK 1.21 BILLION YEAR AGO.WE HAVE NOW SEEN EFFECTS FROM NEW SWEDISH GAMING LAW FOR A FULL QUARTER.BOTH REVENUE AND OPERATING PROFIT WAS NEGATIVELY IMPACTED BY NEW REGULATION IN SWEDEN.MARKET HAS EXPERIENCED A CHALLENGING START.IT IS TOO EARLY TO DRAW ANY LONG-TERM CONCLUSIONS.STILL SEES SWEDEN AS AN IMPORTANT MARKET LONG-TERM,.WE ALSO SEE INCREASED M&A ACTIVITIES..  Full Article

Betsson Q1 operating profit just above forecast
Wednesday, 25 Apr 2018 01:30am EDT 

April 25 (Reuters) - Betsson AB ::Q1 GROUP REVENUE WAS SEK 1,210.0 (1,102.0) MILLION, AN INCREASE OF 10 PERCENT WITH AN ORGANIC GROWTH OF 4 PERCENT.Q1 OPERATING INCOME (EBIT) WAS SEK 211.4 (240.9) MILLION.Q1 OPERATIONAL EXPENSES IN QUARTER INCLUDED A NON-RECURRING RESTRUCTURING COST OF SEK 15 MILLION.SAYS Q2 HAS BEGUN WITH REVENUES SLIGHTLY LOWER THAN AVERAGE DAILY REVENUE FOR Q2 LAST YEAR.SAYS WEAKER START IS DUE TO A DECLINE IN AN ACQUIRED COMPANY AND A WEAKER THAN AVERAGE SPORTSBOOK MARGIN IN BEGINNING OF QUARTER.REUTERS POLL: BETSSON Q1 REVENUES WERE SEEN AT SEK 1,245 MILLION, OPERATING PROFIT AT 207 MILLION.  Full Article

LeoVegas: Authentic Gaming Signs Agreements With Playtech And Betsson Group
Monday, 5 Mar 2018 07:52am EST 

March 5 (Reuters) - LEOVEGAS AB (PUBL) ::LEOVEGAS AB: AUTHENTIC GAMING SIGNS AGREEMENTS WITH PLAYTECH AND BETSSON GROUP.‍AUTHENTIC GAMING WILL GAIN ACCESS TO PLAYTECH'S GLOBAL NETWORK OF OPERATORS​.‍AUTHENTIC GAMING WILL GAIN ACCESS TO PLAYTECH'S GLOBAL NETWORK OF OPERATORS​.‍OPERATORS THAT USE PLAYTECH AS A SUPPLIER WILL GAIN ACCESS TO LIVE ROULETTE TABLES FROM REAL CASINO WORLD​.  Full Article

Betsson Q4 operating profit just beats forecasts
Thursday, 8 Feb 2018 01:30am EST 

Feb 8 (Reuters) - Betsson Ab ::Q4 ‍GROUP REVENUE WAS SEK 1,256.4 (1,118.5) MILLION​.Q4 ‍OPERATING INCOME (EBIT) WAS SEK 218.4 (265.1) MILLION​.SAYS ‍BOARD OF DIRECTORS PROPOSES TO AGM THAT SEK 393.1 (658.9) MILLION, WHICH CORRESPONDS TO SEK 2.84 (4.76) PER SHARE, IS DISTRIBUTED TO SHAREHOLDERS​.SAYS ‍RESTRUCTURING COSTS OF APPROX. SEK 15 MILLION WILL BE TAKEN IN Q1 2018.REUTERS POLL: BETSSON Q4 REVENUES WERE SEEN AT SEK 1,238 MLN, OPERATING PROFIT AT 215 MLN, DIVIDEND AT 2.76 SEK/SHARE​.  Full Article

Betsson Q3 ‍EBIT at SEK 216 mln, above expectations
Friday, 20 Oct 2017 01:30am EDT 

Oct 20 (Reuters) - BETSSON AB :Q3 ‍OPERATING INCOME (EBIT) WAS SEK 216.0 (272.9) MILLION, A DECLINE OF 21 PERCENT​.Q3 GROUP REVENUE WAS SEK 1,180.6 (1,063.3) MILLION, AN INCREASE OF 11 PERCENT​.REUTERS POLL: BETSSON Q3 REVENUES WERE SEEN AT SEK 1,218 MILLION, OPERATING PROFIT 212 MILLION SEK.‍PLANS TO LAUNCH FRONT-END FRAMEWORK OBG FOR CASINO AND SPORTSBOOK ON APPS AND DESKTOP DURING 2018.‍PLANS TO INVEST MORE IN MARKETING TO CAPITALISE ON THE IMPROVED PRODUCT OFFERING.EXPECTS THAT REVENUES FROM REGULATED MARKETS WILL CONTINUE TO GROW AND THEREBY INCREASED BETTING DUTIES PAID​.  Full Article

CEO Ulrik Bengtsson leaves Betsson
Monday, 4 Sep 2017 07:55am EDT 

Sept 4 (Reuters) - Betsson Ab :CEO Ulrik Bengtsson leaves Betsson .Says betsson ab's board of directors has decided to appoint Pontus Lindwall CEO of Betsson until a new CEO has been recruited. Ulrik Bengtsson has chosen to leave his position immediately.In connection with this appointment, Pontus Lindwall’s role as Chairman of the Board will be assumed by the Board member Patrick Svensk until further notice.  Full Article