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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Betsson
Betsson (BETS) investor relations material
Betsson Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
Q3 revenue reached a record €326.5M, up 10% YoY; organic growth was 8%, while growth adjusted for Rhino and FX was 6%.
Active customers rose 40% YoY to a record 1.9M; casino and Latin America led growth.
Lower sportsbook margins, higher gaming taxes, revenue mix and lower B2B system-delivery revenue weighed on profitability.
Financial highlights
B2C revenue rose 28% YoY to €280M; B2B revenue declined 39%, or €30M, partly due to lower revenue from one B2B customer.
Gross profit was €181.1M versus €190M; EBIT was €46.1M, down 31% YoY, and net income was €28.2M, down 44%.
Q3 EBITDA was €63.4M, down 23%; EPS was €0.19 versus €0.34. Jan–Sep revenue rose 3% to €922.1M, while EBITDA fell 30% to €171.8M.
Operating cash flow was €54.5M versus €64.8M; customer deposits increased 6.4% to €1,545.4M.
Outlook and guidance
Through 18 October, average daily revenue was 11.0% above full Q4 2025; excluding currency effects and acquisitions, it was 9.4% higher. This was an indicator, not a quarterly revenue forecast.
Sportsbook margin through 18 October was significantly below the prior eight-quarter average; management cited a positive start to October and an intensive year-end ahead.
Management said the business is positioned to return to earnings growth, supported by scalable operations, products and market positions.
Management expects customer activity and levels to remain high, while noting churn and opportunities to expand B2B through existing and new clients.
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Latest events from Betsson
- Record revenue and customer growth, led by Latin America, but margins pressured by taxes and regulation.BETS
Q2 2026 - B2C growth and regulated market focus offset by B2B decline and EBIT down 47%.BETSQ1 2026
- Q4 2025 revenue was EUR 304M, EBIT margin 17.5%, as higher costs pressured profitability.BETSQ4 2025
- Q3 saw 6% revenue growth, record casino results, 16% higher net income, and a €40M buyback.BETSQ3 2025
- Revenue up 12% year-over-year, led by Latin America and strong casino and sportsbook growth.BETSQ2 2025
- Record Q3 revenue and EBIT, driven by casino growth and strong regional performance.BETSQ3 2024
- Record Q2 revenue and EBIT, with strong growth in regulated markets and customer activity.BETSQ2 2024
- Revenue up 18%, EBIT up 11%, and Q2 daily revenue up 17% with strong margins.BETSQ1 2025
- Record 2024 results, strong Q1 2025 start, and 17% higher dividend proposed.BETSQ4 2024
Next Betsson earnings date
Q4 20264 Feb, 2027
Betsson
Next Betsson earnings date
Q4 20264 Feb, 2027
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Frequently asked questions
Betsson AB engages in the online gaming business. It operates through the following segments: Casino, Sportsbook, Poker and Bingo. The Casino segment includes games, such as video slots, table games, other games and local jackpot games. The Sportsbook segment consists of sports betting activities. The Poker segment covers card and casino poker. The Bingo segment refers to online bingo activities. Betsson AB serves customers worldwide. The company was formerly known as Nordic Gaming Group AB and changed its name to Betsson AB in March 2006.