Scout Gaming Revenues Up in 2019

Sportsbetting group Scout Gaming has announced that they've upped their revenues and customer numbers in 2019, although the company still posted a loss for the year.

Revenues amounted to SEK 25.7 million, up 76% from 2018. Costs were up 31.5% to SEK 78.5 million, with personnel expenses up to SEK 39.8 million. Taxes paid were SEK 66,000, and posted a net loss of SEK 52.2 million, up 14% from last year.

Commenting on the results Scout Gaming CEO Andreas Ternstrom said, "We are experiencing an accelerating global demand for Scout Gaming's products, which has resulted in an increased client activity both in terms of number of clients and number of products launched on each client.

"Scout's product offering is expanding continuously according to our product roadmap. We aim to beta launch live, a bet builder and cashout functionality for our player odds-related markets during the year.

"We are constantly growing the prize money in our pool games and this spring we will offer the largest prize money on European fantasy football ever. Ahead of the final rounds of the Premier League, Scout's network will offer the opportunity to compete for € 500,000.

"Furthermore, during the year we have plans for several major tournaments in various sports with prize sums in the million-euro class."

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.

Comments

Post new comment

There are currently no comments on this page. Be the first!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.