Interim report, 1 January - 30 June 2010 The second quarter

Interim report, 1 January - 30 June 2010

The second quarter revenues increased by 29 percent

ALL FIGURES IN THIS REPORT ARE IN SEK. UNLESS OTHERWISE SPECIFIED THE
FIGURES IN BRACKETS ARE THE CORRESPONDING FIGURES FOR THE PREVIOUS YEAR.
THIS INFORMATION APPLIES TO THE GROUP UNLESS OTHERWISE SPECIFIED.

 

Second quarter

  · 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

 

Interim period

  · Revenues increased by 22 percent to SEK 733.8 (600.1) million
  · Operating income increased to SEK 172.2 (144.0) million, an increase
of 20 percent
  · Income before tax amounted to SEK 173.1 (145.0) million
  · Income for the period totalled SEK 164.2 (137.7) million,
corresponding to SEK 4.18 (3.51) per share

 

Key Performance Indicators

                                        Q2       Q2          Jan-Jun 
Jan-Jun  Full year
                                        2010     2009        2010    
2009     2009
 Totals                                                       
 Revenues                               366.1    284.6       733.8   
600.1    1 299.7
 Gross Profit                           291.7    224.1       589.0   
479.8    1 045.0
 Operating Income                       88.0     61.6        172.2   
144.0    316.9
 Cash                                   517.8    287.9       517.8   
287.9    529.1
 Active Customers (thousands)           288.7    185.3       288.7   
185.3    288.7
 Registered Customers (thousands)       2 719.3  1 777.1     2 719.3  1
777.1  2 117.8
 Customer Deposits                      911.1    783.1       1 876.0  1
518.7  3 258.0
 Sportsbook                                                   
 Gross Turnover Sportsbook              1 233.1  644.8       2 245.9  1
181.3  2 571.5
 Margin after free bets, Sportsbook     7.4%     4.7%        7.5%    
7.9%     8.9%
 Gross Profit Sportsbook                78.0     25.8        150.0   
83.2     206.6
 Gross Margin Sportsbook  1)            6.3%     4.0%        6.7%    
7.0%     8.0%

 

1)  Margin after allocated costs

 

Fast growing Live betting in Sportsbook

”There are two important trends in the gaming industry today. One is
that Live betting in sports is increasing and second that operators are
focusing in joint online gaming solutions with other companies. Betsson
is well positioned as regards these trends, with a history of successful
cooperation and one of the strongest growing Live betting in Sports. ”
says Pontus Lindwall, Betsson's President and CEO.

 

Presentation of interim report

Today, Friday 23 July, at 09.00 CET, Betsson's CEO Pontus Lindwall will
present the Interim Report through webcast at
http://www.betssonab.com (http://www.betssonab.com/) or
http://storm.zoomvisionmamato.com/player/betsson/objects/4sn2gt8v/ (http
://storm.zoomvisionmamato.com/player/betsson/objects/4sn2gt8v/) or
through phone at +46 (0)8 505 598 53 (Sweden) or +44 (0)20 3043 2436
(UK). The presentation will be in English and will be followed by a
question and answer session.
Interim report, 1 January - 30 June 2010 The second quarter revenues increased by 29 percent

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