Better Collective Reports Q4 Revenue of €85m with EBITDA Down 16%: Full-Year Growth Achieved
Navigating Q4 Financials Better Collective, a prominent affiliate in the iGaming industry, has unveiled its…
Betsson Group, a leading name in the iGaming industry, continues its global expansion strategy with a significant move into the Italian market. This expansion follows the celebration of its 61st company anniversary, showcasing Betsson’s commitment to growth and innovation in key regions worldwide.
With a presence in over 20 markets globally and operations in 14+ countries, Betsson Group has established itself as a formidable player in the iGaming landscape. The recent opening of its Latin American operations center in Bogota, Colombia, underscores Betsson’s dedication to expanding its reach and serving diverse markets effectively.
Betsson.it marks Betsson Group’s latest venture in Italy, complementing its existing Italian presence through StarCasino. The introduction of Betsson.it aligns with Betsson’s strategy to offer a comprehensive range of gaming experiences, including sports betting outlets, slot games, table games, and live casino experiences, catering to Italian customers’ preferences.
Ronni Hartvig, Chief Commercial Officer at Betsson, emphasized the strategic importance of Italy for Betsson’s growth trajectory. The launch of Betsson.it aims to capitalize on Italy’s growing demand for sports betting and position Betsson as a leading sports betting operator in the Italian market, leveraging Betsson’s extensive experience and scalability.
In addition to its Italian expansion, Betsson Group has set its sights on Argentina, partnering with Light & Wonder to introduce its portfolio into the Argentine market. This diversification includes enhancing the Argentine platform betsson.bet.ar with popular games like 88 Fortunes and additional Light & Wonder content, catering to the preferences of Argentine players.
Pontus Lindwall, CEO of Betsson AB, reflected on the company’s successes, citing the fourth quarter’s strong performance as a testament to Betsson’s growth trajectory. With a Q4 group revenue of $270.3 million, Betsson experienced its most successful year in history in 2023, setting the stage for continued growth and industry leadership.
Live casino experiences are set to feature prominently on Betsson.it, following Betsson’s partnership with Games Global to introduce live casino offerings to its portfolio. This strategic move aligns with Betsson’s commitment to delivering innovative and immersive gaming experiences that resonate with players across diverse markets.
As Betsson Group expands its footprint in Italy and explores new opportunities in Argentina, the company remains focused on driving sustainable growth, delivering exceptional gaming experiences, and solidifying its position as a global leader in the iGaming industry. With a strong foundation built on innovation, customer-centricity, and strategic partnerships, Betsson is well-positioned for continued success in 2024 and beyond.