SOURCE: Gaming Intelligence Group

At the close of 2007 many industry observers set about naming their choice of online gaming companies whose achievements during the year had singled them out from the competition.

For investors, the run-away winner would undoubtedly have to be Betsson, the Swedish online gaming operator whose performance resulted in its share value increasing by more then 380 percent during the year.

In the course of 2007, Betsson’s stock increased in value by 382 percent to end the year with a market capitalization of €352.87 million.

This achievement becomes all the more impressive when viewed in the context of the company’s divestment to shareholders of two of its leading assets, the gaming machines company Cherryföretagen and online casino software supplier Net Entertainment.

Not only was Betsson the best performing online gaming stock of 2007, but it also took the title of best performing stock on the Stockholm Stock Exchange where it is listed on the mid-cap market.

Nor has the company’s triple digit growth rate been restricted to its share price. In the first quarter of 2007 it achieved a 123 percent increase in revenue versus the same period in the previous year, and 147 percent revenue growth in both the second and third quarters, with third quarter operating profit increasing by 416 percent.

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