{"id":282,"date":"2024-06-28T17:15:21","date_gmt":"2024-06-28T14:15:21","guid":{"rendered":"https:\/\/spindimensioncasinonodepositbonuscodes.icu\/2024\/06\/28\/sportnco-reports-surge-in-revenue-and-earnings-in-2020\/"},"modified":"2024-06-28T17:15:21","modified_gmt":"2024-06-28T14:15:21","slug":"sportnco-reports-surge-in-revenue-and-earnings-in-2020","status":"publish","type":"post","link":"https:\/\/spindimensioncasinonodepositbonuscodes.icu\/2024\/06\/28\/sportnco-reports-surge-in-revenue-and-earnings-in-2020\/","title":{"rendered":"Sportnco Reports Surge in Revenue and Earnings in 2020"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/EtlCyQ5m-yU\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The sports betting and account management firm, Sportnco, has declared that its revenue and earnings surged in 2020. This expansion was observed across the United States, Latin America, and Europe.<\/p>\n<p>Sportnco&#8217;s revenue for 2020 amounted to 19 million euros, equivalent to approximately 16 million pounds or 23 million dollars. This represents a 35.7% rise compared to the previous year, when their earnings stood at 14 million euros.<\/p>\n<p>Sportnco emphasized that while they generate income from both corporate and individual clients, their business-to-business segment experienced more significant growth.<\/p>\n<p>Revenue from individual customers climbed by 89% to 10 million euros, whereas revenue from businesses saw a more modest increase of 3% to 9 million euros.<\/p>\n<p>Sportnco also attributed the rise in their earnings in 2020 to the acquisition of Tecnalis, a Spanish company specializing in online gambling platforms.<\/p>\n<p>In addition to increased revenue, Sportnco reported a 68% surge in earnings before taxes and other expenses, from 3.7 million euros to 6.1 million euros. Their profit after taxes also experienced a 50% increase, reaching 1.8 million euros.<\/p>\n<p>By the end of 2020, Sportnco was supporting 36 companies offering real-money gambling services in 13 different countries across Europe, Latin America, and the United States.<\/p>\n<p>Sportnco&#8217;s chief executive, Herv\u00e9 Schlosser, stated, &#8220;The past year has demonstrated the strength and resilience of Sportnco.&#8221; <\/p>\n<p>Sportnco has demonstrated its resilience during the recent health crisis and continues to expand its reach by acquiring Tecnalis and their impressive Alira player account management system.<\/p>\n<p>The global sports betting and gaming industry is experiencing increased regulation, and Sportnco is well-positioned to capitalize on this trend in the years to come.<\/p>\n<p>Earlier this year, Sportnco made its entry into the US iGaming market by introducing a complimentary sports betting application for SuperDraft, a leading daily fantasy sports provider.<\/p>\n<p>SuperDraft holds the distinction of being the official fantasy sports platform of Caesars Entertainment, which made a strategic investment in the company earlier this year.<\/p>\n<p>Subscribe to the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The sports betting and account management firm, Sportnco, has declared that its revenue and earnings&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sportnco Soars: Revenue &amp; 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