Group revenue was EUR 200.3 million, an increase of 18%. Casino revenue increased by 8%, while sportsbook revenue increased by 45% and the sportsbook margin was 8m3%.
EBITDA was EUR 48.6 million, an increase of 19%. The EBITDA margin was 24,3%. Operating income (EBIT) was EUR 38.4 million, an increase of 21%. The EBIT margin was 19.2%.
Net income was EUR 32.6 million, corresponding to EUR 0.24 per share. Operating cash flow was UR 38.5 million. Net debt was EUR -54.7 million and active custormers increased by 7% to 1.056.400.
In Western Europe, the Dutch regulator KSA is still in the process of reviewing the license applications filed by Betsson's operationa subsidiaries. In August, the subsidiaries were asked to provide further information relating to Module B of the license applicatioin, where by additional involvementws and ancillary entities were requested as part of the regulator's reliability investigations.
In Latin America, the Brazilian regulatory decree on sports betting still awaits enacting by the country's president. Despite this, the Ministry of the Economy has commenced work on the technical regulations.
In September, the Ontario's local regulator AGCO issued an Operator registration to GWN Limited, a Btesson operational subsidiary, as well as Gaming Related Supplier registration to Betsson Platform Solutions Limited. The remaining step in the licensing process is to obtain signed agreements with IGO.
In Colorado, USA, the local Betsson subsidiary Betsson U.S Corp. is in the process of renewing its Internet Sports Betting Operator license.
https://betsson.prod-mid-euw3.investis.com/sites/default/files/pr/202210251699-1.pdf
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