Saturday, 19 March 2016 05:09

Unibet revenues soars 13.5% to all-time high £354m in 2015

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All Unibet shareholders and stakeholders had reason to smile post the annual financial results, as the company's gross revenues soared by 13.49% to £354.1 million in 2015. Unibet had collected £312 million in 2014/

In terms of profit, the company posted a neat again of  £69.7 for 2015, up 8.06% from the previous year. Q4 result, where revenues increased by 57% to £111 million and profits to £19.4 million, was the main reason behind the company's solid overall performance.

Speaking about the financial results, Unibet CEO Henrik Tjärnström said: 

“The focus on scalability across the Group has enabled us to deliver a new all-time high in underlying EBITDA for the quarter of GBP 27.1 million, up 47 per cent in GBP. Mobile was 56 per cent of gross winnings revenue compared with 51 percent in the third quarter.” 

Among Unibet's offerings, casino games, sports betting and poker generated of £171.6m, £161.2m and  £7.6m respectively. Apart from poker revnues, the remaining two verticals posted a growth as compared to 2014.

However, Unibet Poker remains the 14th best online poker site in the world in terms of traffic, with anaverage of 650 cash players over a 7-day period playing on it.

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