The Swedish online betting and gaming operator reported a 77 per cent increase to SEK 189.7m in fourth quarter net sales, with an almost doubled operating income of SEK 43.5m during the same period. Number of active clients increased to 107,000, up 18 per cent compared to the previous quarter.
The group’s net sales for the full year 2007 increased by 121 per cent to SEK 649.0m, while operating income increased ten-fold to 189.8m. At the end of the year, the number of registered customers reached almost 1 million, up 83% over the end of 2006.
Betsson also said that 2008 started strongly with new record sales in both January and February.
Earlier last week, Redbet announced a 17% increase in January’s turnover over the previous month, while today Swedish gambling monopoly Svenska Spel reported full year 2007 revenues of SEK5.25 billion, up 9% compared to 2006.
In other news, Entraction, formerly 24hPoker, launched a bingo product in cooperation with NYX Interactive. “Bingo completes our offering of attractive, user friendly and secure services within digital entertainment. Moreover, bingo allows our partners to reach new target groups,” commented Peter Åström, CEO of Entraction.
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