In a recent industry update, Sky Betting & Gaming (SBG) has detailed impressive progress over the past twelve months delivering strong growth across the board and increasing its customer base by 31 percent.
Key highlights for the period ending June 30 2017 include:
Group revenue increase of 38 percent to GBP 516 million (2015/16: GBP 374 million)
EBITDA increased 38 percent to GBP 146 million (2015/16: GBP 105 million)
Sky Bet up 46 percent to GBP 314 million (2015/16: GBP 214 million)
Sky Gaming up 27 percent to GBP 202 million (2015/16: GBP 160 million)
Total customers increased 31 percent to reach 2.6 million(2015/16: 1.95 million)
Over 80 percent of revenues were derived from the mobile channel.
40 percent growth in headcount with continued investment in the company’s Yorkshire base
First international expansion, with the launch of skybet.it
Richard Flint, CEO of Sky Betting & Gaming, commented:
“The business performed very well in 2016/17, with further investments in product, technology and brand delivering strong financial results.
“We enter our 2017/18 financial year with strong momentum, and will maintain our focus on investment in Yorkshire, delivering innovative and quality products and offers to our customers, leaving us confident that we can deliver further growth.”