Tag Archives: Techsson

Betsson AB sees Q1 2016 revenue & earnings rise despite exchange rate impactes

SBC News Betsson AB sees Q1 2016 revenue & earnings rise despite exchange rate impactes

Unfavourable currency fluctuations relating to Norwegian Krone (NOK) and Turkish Lira (TRY) exchange rates have impacted Betsson AB core metric performance for its Q1 2016 opening (period ending 31 March). Updating the market, the Stockholm-listed European sports betting operator detailed that group revenues had been impacted circa SEK 45 million (€5 million) due to unfavourable exchange rates during the period. …

Read More »