Pre-Match Margin Inflation Helps Underpin Unibet Growth

Pre-match sports betting margins at Stockholm-listed Unibet soared to 14.2 percent in the first quarter of 2012, further outstripping the margins generated by the firm’s in-play betting product.

In results published on Wednesday, Unibet reported 36 percent year-on-year growth in gross gaming revenue to £51.1m for the first quarter of 2012.

Unibet’s sports-betting revenues from customers based in Western Europe bounced 83 percent from the same period in 2011 to £8.9m, as the firm benefited from the opening of the Danish online market at the start of the year and the November acquisition of Solfive Group, operator of EurosportBet in France.

To continue reading

Take a Trial