{"id":30575,"date":"2016-11-02T10:33:09","date_gmt":"2016-11-02T10:33:09","guid":{"rendered":"http:\/\/www.gaming-awards.com\/NEWS\/?p=30575"},"modified":"2016-11-02T10:33:09","modified_gmt":"2016-11-02T10:33:09","slug":"unibet-q3-results-set-up-record-year","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/unibet-q3-results-set-up-record-year\/","title":{"rendered":"Unibet Q3 results set up record year"},"content":{"rendered":"

\"unibet-logo\"<\/a>Unibet the online gambling operator announced a record breaking third quarter, the company showed revenues of \u00a3142 million for Q3 compared to \u00a383 million for the same period last year. Profits after tax would be \u00a321 million compared to \u00a312.9 million last year for the quarter.<\/p>\n

Currently the year to date figures look exceedingly good for Unibet with revenues for the year so far at \u00a3391 million compared to \u00a3242 million at the same stage last year. Profits also looks good so far standing at \u00a354 million compared to \u00a336 million last year.<\/p>\n

In reporting the current figures the company project the best ever results for Unibet for the full year.<\/p>\n

Henrik Tj\u00e4rnstr\u00f6m, CEO of Unibet Group, said:<\/p>\n

\u201cStrong performance across all brands and successful acquisitions deliver 65 per cent increase in Gross winnings revenue (42 per cent in constant currency, of which 27 per cent is pure organic growth)\u201d<\/p>\n

\u201cHigh activity levels driven by the ability to retain the customers from the Euro tournament that started in the second quarter has led to a continued gain in market shares. The margin in the sportsbook was in line with the prior year and the long-term averages, so it was pure activity growth that delivered a new all-time high in Gross winnings revenue of GBP 142.3 million.\u201d<\/p>\n

\u201cIt is of course particularly satisfying that the excellent top line growth converted into a new all-time high in EBITDA, demonstrating again the scalability of the Group\u2019s business model which is structured to meet the future challenges of further regulation.\u201d<\/p>\n

\u201cAll our brands performed very well in the third quarter. The Group underlying EBITDA grew by 38 per cent in constant currency. If iGame Group and Stan James Online had been part of the Group for the full third quarter 2015, their combined EBITDA would have grown by 95 per cent in constant currency.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Unibet the online gambling operator announced a record breaking third quarter, the company showed revenues of \u00a3142 million for Q3 compared to \u00a383 million for the same period last year. Profits after tax would be \u00a321 million compared to \u00a312.9 million last year for the quarter. Currently the year to date figures look exceedingly good […]<\/p>\n","protected":false},"author":5,"featured_media":27827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,11,3,8],"tags":[],"class_list":["post-30575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe","category-headlines","category-igaming","category-latest"],"yoast_head":"\nUnibet Q3 results set up record year - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/unibet-q3-results-set-up-record-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unibet Q3 results set up record year - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Unibet the online gambling operator announced a record breaking third quarter, the company showed revenues of \u00a3142 million for Q3 compared to \u00a383 million for the same period last year. 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