Betsson Posts Record €326.5m Q3 Revenue as Casino and LatAm Drive Growth

On 22 October 2026, global gaming operator Betsson AB published its third-quarter financial results, reporting record quarterly revenue of €326.5 million (£273.7m), a 10% year-on-year increase. The performance lifted the group’s total revenue for the first nine months of 2026 to €922.1 million, representing a 3.2% rise compared to the same period last year. Active customer numbers surged by 40% to an all-time high of 1.87 million, supported by activity from the latter stages of the FIFA World Cup and the kick-off of major European football leagues.

Despite major sporting tournaments, the group’s primary commercial engine was its online casino division rather than sports betting. Casino revenue expanded by 13.7% year-on-year to €253.5 million, generating 77% of total group turnover, while sportsbook revenue remained flat at €71.8 million with lower margins. Geographically, Latin America led the expansion with record revenue of €116.1 million, surging 51.8% year-on-year behind market-leading operations in Argentina, Peru, and Colombia. Western Europe also reached an all-time high of €64.8 million (+13.8%), driven by casino activity in Italy, alongside new regulated entries in Alberta and Ontario.

For iGaming operators and platform providers, Betsson’s results highlight a continuing industry shift toward casino-driven profitability and geographical diversification. As higher local betting duties and gaming taxes squeeze European margins, pushing Betsson’s Q3 betting duties up from €41.4 million to €69.4 million and reducing EBITDA to €63.4 million, operators are increasingly relying on flexible turnkey online casino platforms and high-yield casino content. Deploying modern white label casino solutions across fast-growing emerging markets in Latin America has become essential for operators seeking to offset tightening regulatory costs in mature jurisdictions.

Betsson also expanded its proprietary technological capacity and B2B footprint during the quarter by closing the €64.5 million acquisition of Rhino Entertainment.

Original source: SBC News