Betsson Group has announced another solid quarter, with Italy emerging as the primary catalyst for growth in its Western European operations during Q3 2025.
The company’s financial report, covering the period ending September 30, detailed an overall group revenue increase of 5.6% year-on-year to €295.8 million, supported by strong performances across both casino and sportsbook segments.
EBITDA for the quarter rose by 2.7% to €82.5 million, while operating income climbed 3.7% to €66.9 million.
Revenue from Western Europe experienced robust growth, jumping 27.3% year-on-year to €56.9 million, now accounting for 19% of the group’s total revenue.
The standout performer in the region was Italy, which delivered an all-time high for Betsson, fueled largely by record online casino revenue.
Revenue from all locally regulated markets also grew significantly, rising 16% and comprising 64% of total group revenue, up from 58% in Q3 2024.
Betsson’s Latin American operations also proved pivotal, with regional revenue increasing by 10.2% year-on-year.
LatAm’s casino segment hit a record €56.6 million, offsetting a seasonal decline in sportsbook revenue. Key growth markets in the region included Brazil, Paraguay, Colombia, and Peru.
For the first nine months of 2025, Betsson’s group revenue reached €893.1 million, an increase of 11.7% year-on-year.
Looking ahead, the company reiterated its goal to “sustainably outgrow the market” through organic expansion and entry into new jurisdictions.
In a move focused on shareholder value, Betsson also announced the launch of a share buyback program worth up to €40 million.
Managed by Arctic Securities AS, the initiative began immediately and will run until April 30, 2026, targeting class B shares on the Nasdaq Stockholm exchange.
Pontus Lindwall, CEO of Betsson, commented on the company’s stability:
“We have a proven, successful product portfolio consisting of both casino and sports betting, as well as a well-diversified mix of revenues from different geographical regions, which lowers the risks of periodically weaker developments in individual products or markets.”
