BETBY, a leading sports betting solutions provider, experienced strong results in the first half of 2024, with overall sports betting revenue increasing by 192% compared to the same period last year.
This significant growth was driven by the launch of new projects and strong performance from existing key customers.
The substantial increase in turnover is attributed to the strategic initiatives implemented by BETBY's commercial department, which significantly expanded the company's market share over the past year. During this period, BETBY’s global active players also grew significantly by 136%.
Other achievements include the impressive performance of Betby Games, BETBY’s proprietary esports source, which saw a 78% year-on-year revenue increase and a 93% increase in active players. A major achievement for the Betby Games product in the first half of 2024 is the launch of the product in Estonia following approval by the MGA as an odds feed solution.
BETBY's strong performance in the first half of the year sets a positive trajectory towards achieving its ambitious long-term growth targets.
Leonid Pertsovskiy, CEO of Betby, commented: "Looking back at our first half results, we are pleased to see the excellent results of our strategic initiatives. The significant growth in turnover and player activity underlines our continued commitment to delivering top-class sports Gambling Experiences and Solutions We will continue our pursuit of success in 2024.
