Betsson AB released its interim financial report for the third quarter of 2026 on October 22, 2026, announcing record-breaking group revenue driven by sustained high customer activity and successful regional expansion.
For the period spanning July to September 2026, group revenue reached three hundred twenty-six point five million euros, marking a 10% increase compared with two hundred ninety-five point eight million euros in the corresponding period of 2025, with an organic growth rate of 8%.
Casino revenue experienced strong momentum, increasing by 14%, while sportsbook revenue rose by 1% with a sportsbook margin of 8.1% compared to 8.8% in the previous year. Consequently, EBITDA for the third quarter stood at sixty-three point four million euros, yielding an EBITDA margin of 19.4%, while operating income (EBIT) reached forty-six point one million euros with an EBIT margin of 14.1%. Net income for the quarter totaled twenty-eight point two million euros, corresponding to nineteen cents per share.
Drivers of growth and Latin American momentum
Commenting on the results, Betsson President and CEO Pontus Lindwall highlighted that customer deposits and total gaming turnover increased significantly, while active B2C customers surged by 40% to reach 1.9 million. This record-breaking performance was bolstered by heightened engagement surrounding the FIFA World Cup and the commencement of major European football leagues.
Geographically, growth was spearheaded by Latin America, where revenues expanded by more than 50%. Peru and Argentina stood out as primary contributors, propelled by high customer activity and targeted marketing campaigns executed during the World Cup. Furthermore, Betsson completed the acquisition of Rhino Entertainment Group at the beginning of August, integrating the business to further reinforce its commercial and geographic diversification. At the close of the quarter, the company also finalized the rebranding of betFIRST to Betsson in Belgium, driving greater brand consistency across international markets.
Product innovation and financial position
During the quarter, Betsson continued to invest in proprietary technology and enhanced product offerings. Upgrades to the sportsbook included expanded betting opportunities during extra time and dedicated team and player pages for major European fixtures. In the casino vertical, the company launched Gates of Inter, a bespoke game featuring graphics inspired by its sponsorship of Inter Milan, following similar exclusive releases for Boca Juniors and Atletico Nacional.
For the broader nine-month period from January to September 2026, group revenue reached nine hundred twenty-two point one million euros, representing a 3% reported increase and a 6% organic rise. EBITDA for the first nine months stood at one hundred seventy-one point eight million euros, and operating cash flow reached one hundred seventy-three million euros. Betsson maintained a strong balance sheet with net debt resting at negative ninety-eight point three million euros as of September 30, 2026.
