Betsson posts record €326.5m revenue in Q3 2026

Betsson reported record income of EUR326.5 million in Q3of 2026, up 10% year-on-year, as gambling establishment development and strong efficiency in Latin America balanced out weaker sportsbook margins and decreasing B2B licensing earnings. Greater video gaming taxes and payment expenses weighed on success, with operating revenue falling 31% (EUR46.1 million).

According to the business’s interim report released on October 22, natural profits development reached 8%, while active B2C consumers increased 40% to a record 1.9 million.

The gambling establishment sector generated profits reaching EUR253.5 million, which is a 13.7% boost year-on-year. About 77% of all earnings from the group originated from gambling establishment operations, instead of 75% of the earnings in Q3 2025. Betsson’s video gaming options reported operations generating EUR9.48 billion in gambling establishment turnover for the duration, and the business included an overall of 478 brand-new gambling establishment video games, consisting of 40 special titles, for the quarter.

The sportsbook department reported development of 0.8%, generating EUR71.8 million, regardless of turnover increasing by 8.1%. The sportsbook margin decreased from 8.8% a year earlier and 10.5% in Q2 2026 to just 8.1% now.

Betsson president and CEO Pontus Lindwall shared that the excellent profits outcomes were rather substantial after tape-recording such a low margin for the sportsbook operations.

Betsson’s biggest area has actually been Latin America up until now, which represented 36% of the group’s overall income. Collections totaled up to EUR116.1 million, backed by strong lead to Argentina, Peru, and Colombia. Western Europe carried out rather well too, with income increasing by 13.8% to EUR64.8 million. Italy published its finest profits result to date, while Belgium’s figures were lower both year-on-year and quarter-on-quarter. The business terminated its betFIRST brand name in the area in the last quarter.

CEECA income fell 16.8% to EUR99.2 million, partially since of lower B2B licensing earnings. The business reported development in its B2C operations in Croatia, Georgia, Lithuania, Latvia and Estonia. Nordic income decreased 10% to EUR32.7 million, with Sweden and Denmark both down.

Betsson effectively acquired Rhino Entertainment Group in early August 2023, which permitted it to run in the B2C sector in Ontario and other Canadian markets and brought extra innovation properties that improve the prospective to make profits from the B2B licensing.

The interim report offers an initial purchase cost of EUR73.1 million on a cash-free and debt-free basis with goodwill in the quantity of EUR47.8 million. When the deal was revealed in March, Betsson recommended an approximate purchase cost of EUR64.5 million.

The typical everyday income of Betsson throughout Q4 since October 18, 2023, was 11% greater than the typical day-to-day income for the overall Q4 2025. After leaving out currency effect and acquisitions, the development rate equates to 9.4%.

The business revealed that sportsbook publishers in the start of the quarter deal with a significantly lower margin than it might be observed in previous 8 quarters.

Lindwall stated:

With a scalable organization design, appealing items and strong market positions, we are well placed to go back to profits development and continue producing long-lasting worth for our investors.

The Q3 results highlight the contrast in between Betsson’s broadening consumer base and record profits on one hand, and installing success pressures from taxes, expenses and lower B2B licensing earnings on the other.