In its most recent filing with Companies House in the UK, detailing the operator’s full-year earnings for the year to March 31st 2024, global betting and iGaming giant bet365 has reported 2023/24 financial year group revenue of £3.72bn (US$4.65bn), showing a 9% increase on the 2022/23 revenue of £3.41bn.
The earnings report states that bet365’s betting and gaming revenues also increased 9% year-on-year to £3.7bn.
The group also reported a pre-tax profit of £596.3m for the year, compared with a loss of £72.6m in 2022/23 when it was expanding in regions such as North America.
bet365 cited product improvements and US expansion as key performance drivers and substantial reductions in the remuneration of senior executives also contributed to the improved profitability.
