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Sky Betting and Gaming Financials Impress

Gaming firm Sky Betting & Gaming has posted their 2016-2017 financial results, noting that revenues were up 38% from the year prior.

Key financial indicators for the year ending September 30th, 2017 were:

  • Group revenue of £516 million, up 38% from the £374 million posted last year
  • Sky Bet revenue up 46% to £314 million
  • Sky Gaming revenue up 27% to £202 million
  • EBITDA up 38% to £146 million from £105 million
  • Total customers up 31% to 2.6 million
  • Workforce expansion of 40% thanks to international operations

Speaking about the deal Sky Betting & Gaming CEO Richard Flint said, "The business performed very well in 2016-17, with further investments in product, technology, and brand delivering strong financial results. During the year, we invested in people and technology in our Yorkshire base, with a 40% increase in headcount, helping us to cement our position as the UK's most popular online betting brand."

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bgsharpe
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sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
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14 November 2017 - 7:55am
#1

I pretty much like the way their sportsbook looks and although I'm not allowed to play there I think it's quite good from what I saw...too bad they are not widely spread across Europe still.

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