Betsson AB: Year-End Report for the period 1 Jan – 31 Dec 2012

  Betsson AB: Year-End Report for the period 1 Jan – 31 Dec 2012

Business Wire

STOCKHOLM, Sweden -- February 8, 2013

Regulatory News:

All figures in this report are expressed in SEK. Figures in parentheses refer
to the corresponding figures for the previous year, unless stated otherwise.
This information applies to the Group, unless stated otherwise.

Fourth quarter revenues increased by 27 percent

Fourth quarter

  *Revenues amounted to SEK 651.9 (515.2) million, equivalent to an increase
    of 27 percent
  *Operating income amounted to SEK 173.4 (172.3) million
  *Income before tax amounted to SEK 173.4 (172.9) million
  *Net income amounted to SEK 166.9 (165.8) million, corresponding to SEK
    3.95 (4.01) per share
  *Income statement is charged with a cost of SEK 39.2 (9.2) million in
    connection with investments in newly regulated markets and software
    development in China. Income statement is also charged with restructuring
    costs amounting to SEK 5.8 (-) million.
  *Gross turnover in Sportsbook, including all gaming solutions, amounted to
    SEK 3,782.8 (2,171.3) million, of which NGG contributed SEK 575.1 million.
    This represents an increase of 74 percent. · Customer deposits in all of
    Betsson’s gaming solutions amounted to SEK 2,154.8 (1,484.5) million,
    which is an All Time High (ATH) and represents an increase of 45 percent ·
    Betsson was awarded “Casino Operator of the Year” at the EGR Operating
    Awards Gala 2012 in London
  *Betsson’s Board of Directors proposes a transfer to the shareholders,
    amounting to SEK 410.9 million. Assuming that the number of shares
    outstanding does not change the proposal involves the transfer of SEK 9.7
    per share.

Full year 2012

  *Revenues increased by 27 percent to SEK 2,203.7 (1,736,6) million
  *Operating income amounted to SEK 577.1 (559.7) million
  *Income before tax amounted to SEK 573.6 (555.4) million
  *Net income amounted to SEK 547.8 (527.8) million, corresponding to SEK
    13.04 (13.12) per share

Key performance indicators

                                     Q4       Q4       Jan-Dec  Jan-Dec
                                       2012      2011      2012      2011
Totals
Revenues                               651.9     515.2     2 203.7   1 736.6
Gross Profit                           548.8     433.3     1 853.7   1 428.9
of which Sportsbook                    165.5     97.2      266.5     326.9
Operating Income                       173.4     172.3     577.1     559.7
Liquid funds                           467.2     509.7     467.2     509.7
Active Customers (thousands)           520.4     403.6     520,4     403.6
Registered Customers (thousands)       5 777.9   3 662.4   5 777,9   3 662.4
Customer Deposits                      1 586.5   1 093.5   5 092,4   3 931.6
Customer Deposits, all gaming          2 154.8   1 484.5   6 888,2   5 237.9
solutions
B2C
Gross Turnover Sportsbook              1 271.1   590.1     3 735.5   1 525.4
Gross Margin Sportsbook 1)             7.5%      6.4%      5.7%      5.4%
Grossprofit Sportsbook                 95.0      37.6      214.5     82.5
                                                                             
B2B
Gross Turnover Sportsbook              2 511.7   1 581.2   8 357.6   6 055.0
Gross Margin Sportsbook 1)             2.8%      3.8%      2.6%      4.0%
Grossprofit Sportsbook                 70.5      59.6      217.5     244.3

1) Refers to margin after allocated expenses. The margin after free bets in
all gaming solutions amounted to 7.4 (8.1) percent.

Betsson with continued strong growth prospects

”- The strong organic growth of 23 percent in revenues, 30 percent in
Sportsbook turnover and more than 100 percent in mobile revenues from last
quarter, shows that Betsson is on the right track. Betsson’s growth is built
on historical investments, and the company continues to invest large amounts
in marketing and technology, which intends to secure a future growth rate
above that of the market growth.” states Magnus Silfverberg, President and CEO
of Betsson.

Presentation of the Year-End Report

Today, Friday 8 February, at 09.00 CET, Betsson's CEO Magnus Silfverberg will
present the Year-End Report from Betsson’s office at Regeringsgatan 28, and
through webcast at www.betssonab.com or
http://storm.zoomvisionmamato.com/player/betsson/objects/9mx3a08r by phone on
+46 (0)8 505 598 53 (Sweden) or +44 (0)20 3043 2436 (UK). The presentation
will be in English and will be followed by a question and answer session.

Betsson AB’s Core Business consists ofowning and administering shareholdings
in companies which, themselvesor through partners, offer gaming to the end
users via the internet. Betsson AB owns Betsson Malta which operates gaming to
the end users either through theirown websitesor through partnerships.
Betsson Malta offers Poker, Casino, Sportsbook, Scratch Cards, Bingo and
Games. The customerscome primarily from the Scandinavian countries and other
parts of Europe. Betsson AB is listed on NASDAQ OMX Nordic Mid Cap List,
(BETS).

This information was brought to you by Cision http://www.cisionwire.com

Contact:

Betsson AB
Magnus Silfverberg, +46 702714700
President and CEO
magnus.silfverberg@betssonab.com
 
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