Pontus Lindwall, the CEO of Betsson Group, announced that the company has experienced «sustained profitable growth» after reporting €893.1 million in revenue over the first nine months of 2025, marking a 12% increase from the previous year.
Reflecting on the performance in the third quarter, Lindwall noted, «Revenue rose by 6 percent, while operating profit surged by 4 percent compared to the same timeframe last year.» The company’s quarterly revenue reached €295.8 million, with operating profit achieving €66.9 million, underscoring Betsson’s consistent growth trajectory.
Lindwall emphasized that «casino revenue reached a new record high during the third quarter,» reporting a 6 percent year-over-year increase. He credited this accomplishment to the company’s balanced business strategy, stating, «Our well-established product portfolio includes both casino and sports betting, along with a diverse revenue mix from various geographic areas, which mitigates risks associated with weaker performance in specific products or markets.»
The sportsbook sector also played a role in the positive results, showing a 4 percent rise in revenue, with regulated markets performing exceptionally well. «Revenue from locally regulated markets grew by 16 percent, comprising 64 percent of total revenue for the quarter,» Lindwall explained.
Western Europe was a significant contributor to growth, posting a 27 percent increase in revenue, largely driven by Betsson’s expanding operations in Italy. «The largest portion of growth during the quarter came from Western Europe, where revenue increased by 27 percent, particularly due to strong performance in Italy, where we continue to capture market share in both the casino and sports betting segments,» Lindwall detailed.
Latin America also emerged as an important market: «Latin America remains a crucial growth area, with a 10 percent increase in revenue this quarter, and casino revenue hitting new highs, although sportsbook revenue faced slight seasonal slowdowns.»
Looking forward, Lindwall expressed positive sentiments regarding Betsson’s ongoing progress and future prospects. «I anticipate a strong finish to the year and look ahead to 2026 with optimism, especially with the upcoming World Cup in football. Our solid balance sheet allows us to continue investing in product development and enhance our market positions, which will facilitate stable profit growth and allow us to provide dividends to our shareholders,» he stated.
With earnings per share rising by 10 percent year-over-year and EBITDA reaching €82.5 million in Q3, Betsson is well-positioned for future events such as the 2026 FIFA World Cup, which typically results in significant increases in global betting activity.
