Betsson Group declares 2024 its strongest year yet

Betsson Group had its strongest year ever in 2024, setting records for revenue (€306.8 million), net profit (€53.1 million), and EBITDA (€86.4 million). The company saw growth in both its casino and sports betting operations, with Latin America holding the crown. Customer deposits hit a new quarterly record of €1.58 billion, and active customers grew 

Betsson Group had its strongest year ever in 2024, setting records for revenue (€306.8 million), net profit (€53.1 million), and EBITDA (€86.4 million).

The company saw growth in both its casino and sports betting operations, with Latin America holding the crown. Customer deposits hit a new quarterly record of €1.58 billion, and active customers grew to 1.3 million. However, registered players dropped 1.1% to 29.4 million following the decision to exit certain markets.

Pontus Lindwall, Betsson CEO, commented:

“The year was characterized by high growth, strengthened profitability, and strategic investments in line with our long-term goals and our vision to offer the best gaming experience in the industry. Our investments in the Latin America and Central and Eastern Europe and Central Asia (CEECA) regions continue to be a key driver of the group’s growth, and we have successfully built a strong position in several key markets using our expertise in online gaming and our proprietary technology platform and sportsbook.”

Online casino segment

Betsson had a strong Q4, with online casino revenue rising 17% to €213.9 million, boosted by 293 new games. Total casino turnover hit a record €9.75 billion, up 6.4%.

Sportsbook

The sportsbook did not remain behind. Revenue jumped 36% to €91.3 million, led by regional growth at €132.2 million. Latin America comes next with €78.2 million, and Western Europe comes next with €52.7 million. While the Nordics saw a 13.8% decline to €40 million, other markets held steady.