Betsson Reports €303.7 Million in Q2 2025 Revenue, 12 Percent Year Over Year Growth

Betsson has posted steady results for Q2 2025, continuing its upward trend across key financial and operational metrics. Revenue for the quarter came in at €303.7 million, rising from €293.7 million in Q1 2025 and €271.5 million in Q2 2024.

The company also maintained profitability, with a net income of €49.2 million and operating income of €69 million. Gross profit reached €193.9 million, and Betsson reported margins of 63.9% for gross profit, 22.7% for EBIT, and 21.0% for net profit.

Good to know

• Q2 2025 revenue increased to €303.7 million, up 11.9% year-over-year.
• Net income was €49.2 million, with EPS at €0.36.
• Active customers reached 1.38 million, with deposits totaling €1.49 billion.

Operating expenses totaled €124.9 million, with marketing and personnel making up the largest portions at €37.4 million and €46.6 million, respectively. The quarter also included €15.1 million in amortisation and depreciation.

Betsson’s balance sheet remained strong, with total assets at €1.4 billion and equity of €836.2 million. That gives the company an equity-to-assets ratio of 60%. Current liabilities stood at €368.6 million, while provisions and non-current liabilities reached €191.3 million.

Cash flow from operating activities totaled €41.1 million. After investing and financing outflows of €13.9 million and €65.6 million respectively, the net cash flow came in at -€38.3 million.

In terms of customer numbers, Betsson recorded 1.38 million active users and around 30 million registered accounts. Deposits across gaming platforms totaled €1.49 billion.

Regional Performance and Product Growth

Central and Eastern Europe and Central Asia (CEECA) remained Betsson’s top-performing region, contributing €118.2 million in revenue. Latin America and Western Europe also stood out, with each region showing over 35% growth in revenue for the quarter.

Meanwhile, the Nordics saw a 28% drop, largely due to reduced marketing activity. Casino revenue rose 11%, while sportsbook revenue increased by 15%, even though overall betting turnover declined. Betsson also introduced 400 new casino games and expanded its live product line.

The “Rest of World” segment nearly doubled in revenue, helped by the acquisition of Sporting Solutions and continued sportsbook momentum.

Betsson continues to face a complex regulatory landscape, holding licenses in 24 countries. Key updates include a proposed ban on gambling credit in Sweden and a €670,000 fine on Betsson Nordic, currently under appeal. In Italy, the company awaits license renewals. Across Central and Eastern Europe, new restrictions on advertising are taking shape.

Latin American markets like Brazil, Peru, and Colombia are also shifting regulations and tax structures, which could influence operations.

ESG and Sustainability Focus

Sustainability remains a core part of Betsson’s strategy. The company promotes ethical business practices and responsible gaming, with nearly 90% of active users accessing its gaming safety tools. Betsson holds an AAA ESG rating from MSCI and centers its strategy around five areas: customer care, ethics, social responsibility, environmental impact, and employee well-being.

In May, Betsson hosted a Sustainability Hub during NEXT Valletta, where it discussed ESG transparency and sustainable regulation. Regular training and ongoing internal efforts continue to support these initiatives.

CEO Pontus Lindwall summed it up by saying:

“With continued strong customer engagement, continuous product development and a growing market presence, Betsson is well positioned to capture global growth opportunities in the structurally attractive market for online gaming.

“We are entering the third quarter with good pace and confidence. With a constant focus on product development, data-driven marketing and responsible gaming, we are well placed to continue delivering profitable growth.”

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