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BETSSON 2010
CEO Statement
This is Betsson
The Year in Brief
The Quarters in Brief
Board
Management
Employees
The Share and Owners
OPERATIONS
Betsson Business Solutions
Market
Five-year Review
Business Model
Sites and Products
Responsible Gaming
The Future
OTHER INFORMATION
Addresses and Contact
Invitation to AGM
THE QUARTERS IN BRIEF
First quarter 2010
Revenues increased with 17 percent to SEK 367.7 (315.5) million
Operating income increased to SEK 84.2 (82.4) million, an increase of 2 percent
Operating income has been charged with a cost of SEK 9.2 (revenue 5.6) million regarding currency revaluation of balance sheet items
The effect from capitalizations and amortizations of capitalized development cost amounted to SEK 0.6 (7.8) million
Income before tax amounts to SEK 84.6 (83.0) million
Income for the period totalled SEK 80.2 (78.8) million, corresponding to SEK 2.04 (2.01) per share
Cash by the end of the period were SEK 520.4 (436.8) million and the group still has no interest-bearing liabilities
Customer deposit increased with 31 percent to SEK 964.9 (735.6)million
Over one billion in Gross Turnover in Sportsbook, an increase of 89 percent
Betsson has broadened both poker and casino offering
Second quarter 2010
Revenues increased by 29 percent to SEK 366.1 (284.6) million
Operating income increased to SEK 88.0 (61.6) million, an increase of 43 percent
Income before tax amounted to SEK 88.5 (62.0) million
Income for the period totalled SEK 84.0 (58.9) million, corresponding to SEK 2.14 (1.50) per share
At the end of the quarter, cash amounted to SEK 517.8 (287.9) million and the group continues to have no interest-bearing liabilities
The Gross Turnover in Sportsbook amounted to SEK 1 233.1 (644.8) million, corresponding to an increase of 91 percent
The Gross Turnover in Live betting in Sportsbook amounted to SEK 699,7 (227.6) million, corresponding to an increase of 207 percent
Betsson has launched LiveCasino on
www.CasinoEuro.com
Due to legal reasons, Betsson has chosen to block French citizens, this is assumed to have a marginal impact on Betsson's profit in the future
Third quarter 2010
Revenues increased by 22 percent to SEK 385.1 (316.7) million, the largest ever reported quarterly revenue
Operating income increased to SEK 80.7 (79.4) million
Operating income was negatively impacted by a net cost of SEK 13.1 (2.3) million referring to the currency revaluation of balance sheet items
The net effect from capitalizations and amortizations of capitalized development costs amounted to a cost of SEK 2.8 (revenue 4.2) million
Excluding the above effects in currency revaluation and net of capitalization and amortization the operating income totalled SEK 96.6 (77.5) million, corresponding to an increase of 25 percent
Income before tax amounted to SEK 80.7 (79.6) million
Net income totalled SEK 76.3 (75.6) million, corresponding to SEK 1.94 (1.93) per share
Cash amounted to SEK 377.3 (396.0) million and the Group continues to have no interest-bearing liabilities
Gross Turnover in Sportsbook amounted to SEK 1 215.7 (634.9) million, corresponding to an increase of 91 percent
Gross Turnover in Live betting in Sportsbook amounted to SEK 733.7 (194.2) million - an increase of 278 percent
Due to legal requirements, Betsson must shut down the Betsson shop at Götgatan in Stockholm
Fourth quarter 2010
Revenues increased by 26 percent to SEK 484.3 (382.9) million, the largest ever reported quarterly revenue
Operating income increased to SEK 127.7 (93.5) million
Operating income was negatively impacted by a net cost of SEK 2.8 (3.0) million referring to the currency translation of balance sheet items
The net effect from capitalizations and amortizations of capitalized development costs amounted to a cost of SEK 1.5 (revenue 6.1) million
Income before tax amounted to SEK 128.7 (94.3) million
Net income totalled SEK 125.2 (90.0) million, corresponding to SEK 3.19 (2.29) per share
Cash amounted to SEK 497.1 (529.1) million and the Group continues to have no interest-bearing liabilities
Gross Turnover in Sportsbook amounted to SEK 1 894.1 (755.3) million, corresponding to an increase of 151 percent
Gross Turnover in Live betting in Sportsbook amounted to SEK 1 144.0 (231.9) million - an increase of 393 percent
The quarter's customer deposits were in excess of one billion SEK, the Group's highest level of deposits to date for an individual quarter
Betsson established operations in India and secures B2B-contract with Asian operator
Betsson signed agreements to sell Turkish client base and signed B2B-contract for the delivery of complete gaming platform
In line with the B2B-strategy, Betsson has in 2011 entered an agreement with the objective of initiating a Joint Venture in Italy.
Betsson has in 2011 entered an agreement with the objective to establish operations in China, together with a Chinese state owned company
Årsredovisning 2010 (in Swedish) (pdf)
Annual Report 2010 (pdf)
Directors Report (pdf)
Five-year-review (pdf)
Share and owners (pdf)
Consolidated Financial Statements (pdf)
Parent Company Financial Statements (pdf)
Notes (pdf)
Proposed allocation of profits (pdf)
Audit Report (pdf)
Annual General Meeting other info (pdf)
Interim Reports
Q1 (pdf)
Q2 (pdf)
Q3 (pdf)
Q4 (pdf)