Scout Gaming Group, a licensed and regulated provider of sports betting and Daily Fantasy Sports, announced a strong Q3 2024 performance with total revenues rising by 87% to 11.8 million Swedish crowns, compared to 6.3 million Swedish crowns in the same period last year. B2B revenues increased by 55%, while B2C revenues were up by 70%. Additionally, EBITDA improved to 0.1 million Swedish crowns from -5.9 million Swedish crowns in Q3 2023.
For the January-September period, Scout Gaming reported a 38% year-over-year increase in total revenues, amounting to 30.9 million Swedish crowns. The company also posted a significant improvement in EBITDA, reaching -3.6 million Swedish crowns, compared to -21.8 million Swedish crowns the previous year.
Post-quarter events: Scout Gaming Group signed a contract extension with bet365, covering non-North American territories, further strengthening its international market presence.
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