"Betsson's B2B licensing revenue collapsed 43% to 51 million euros, significantly impacting overall performance. The segment's share of total revenue dropped from 31% to 18% in just one quarter."
"The decline in B2B revenue has been attributed to lower activity from a single unnamed customer, which analysts believe is linked to Realm Entertainment operating in Turkey's unregulated market."
"Chief executive Pontus Lindwall acknowledged that while the customer's activity levels have stabilized since December, the B2B segment continues to negatively impact group performance."
Betsson AB reported a significant decline in operating profit, falling 47% to 34 million euros in the first quarter of 2026. Revenue decreased by 3% to 285 million euros compared to the previous year. The B2B licensing segment was particularly affected, with revenue dropping 43% to 51 million euros. This decline was attributed to lower revenue from a single unnamed customer, linked to Realm Entertainment. The company's shares fell over 20% intraday, reflecting investor concerns over ongoing performance issues.
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