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21 July, 2016 | FinancialSports Betting

Betsson CEO: We fell short in Q2

Betsson CEO Ulrik Bengtsson has expressed disappointment with the operator’s second quarter results, which included a 27% year on-year drop in net income to SEK 146.4m (£12.9m). Income before tax also dropped, going down 26% to SEK 156.4. Bengtsson said: “The results in the second quarter did not live up to our expectations. Many factors made the quarter challenging; primarily unfavourable currency effects, lower than average sportsbook marg...
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