{"id":91,"date":"2024-06-13T17:49:51","date_gmt":"2024-06-13T14:49:51","guid":{"rendered":"https:\/\/paydaycasinonodepositbonus.icu\/2024\/06\/13\/better-collective-reports-continued-growth-in-q1-2024\/"},"modified":"2024-06-17T13:26:54","modified_gmt":"2024-06-17T10:26:54","slug":"better-collective-reports-continued-growth-in-q1-2024","status":"publish","type":"post","link":"https:\/\/paydaycasinonodepositbonus.icu\/2024\/06\/13\/better-collective-reports-continued-growth-in-q1-2024\/","title":{"rendered":"Better Collective Reports Continued Growth in Q1 2024"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Ib4GP0opsYA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A prominent sports wagering media conglomerate, Better Collective, has announced its financial results for the first quarter of 2024, revealing sustained expansion despite facing a challenging benchmark set by the remarkably robust performance in the corresponding period of the previous year. The firm disclosed an 8% year-over-year surge in turnover, attaining \u20ac95 million (equivalent to roughly $103.12 million). This upswing was propelled by a 14% leap in recurring income, which reached \u20ac53.3 million, underscoring the resilience of Better Collective&#8217;s enduring business framework. <\/p>\n<p>Although EBITDA experienced a 13% contraction to \u20ac29 million owing to the exceptionally elevated baseline established in the first quarter of 2023, the enterprise maintains a positive outlook on its future trajectory.  Jesper S\u00f8gaard, Co-founder and Chief Executive Officer of Better Collective, emphasized the favorable momentum, particularly the robust showing of recurring income, which now encompasses substantial contributions from the recent acquisition of Playmaker Capital. <\/p>\n<p>From a geographical standpoint, both the European and Rest of World divisions achieved remarkable 20% growth, with 5% of that being organic. This accomplishment can be attributed to Better Collective&#8217;s widening footprint across diverse markets, fueled by both its proprietary and operated platforms and strategic media alliances. <\/p>\n<p>We are incredibly pleased with the current progress in the North American market, particularly following our initial quarter&#8217;s performance.  Our team has dedicated significant effort to cultivate robust partnerships with key stakeholders within the sector. This positions us advantageously compared to our historical standing.&#8221;<\/p>\n<p>This encouraging update follows Better Collective&#8217;s latest disclosure regarding their acquisition of the sports wagering platform, AceOdds, for a sum of \u20ac42 million. This calculated maneuver underscores their ambition to broaden their footprint within the international sports betting landscape. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent sports wagering media conglomerate, Better Collective, has announced its financial results for the first quarter of 2024, revealing sustained expansion despite facing a challenging benchmark set by the remarkably robust performance in the corresponding period of the previous year. The firm disclosed an 8% year-over-year surge in turnover, attaining \u20ac95 million (equivalent to [&hellip;]<\/p>\n","protected":false},"author":100,"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>Better Collective Q1 2024: Strong Growth Despite Tough Comparisons<\/title>\n<meta name=\"description\" content=\"Better Collective reports impressive Q1 2024 results with an 8% YoY surge in turnover, reaching \u20ac95 million. 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Discover how they achieved sustained expansion despite a challenging benchmark.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/paydaycasinonodepositbonus.icu\/2024\/06\/13\/better-collective-reports-continued-growth-in-q1-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Stay Ahead of the Game with Our Expert Casino Tips &amp; News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T14:49:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:26:54+00:00\" \/>\n<meta name=\"author\" content=\"Violet &quot;Velvet&quot; McIntyre\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Violet &quot;Velvet&quot; McIntyre\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/paydaycasinonodepositbonus.icu\/2024\/06\/13\/better-collective-reports-continued-growth-in-q1-2024\/\",\"url\":\"https:\/\/paydaycasinonodepositbonus.icu\/2024\/06\/13\/better-collective-reports-continued-growth-in-q1-2024\/\",\"name\":\"Better Collective Q1 2024: Strong Growth Despite Tough Comparisons\",\"isPartOf\":{\"@id\":\"https:\/\/paydaycasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-13T14:49:51+00:00\",\"dateModified\":\"2024-06-17T10:26:54+00:00\",\"author\":{\"@id\":\"https:\/\/paydaycasinonodepositbonus.icu\/#\/schema\/person\/ba3c592a126c14ade4a0d140bad0f1d4\"},\"description\":\"Better Collective reports impressive Q1 2024 results with an 8% YoY surge in turnover, reaching \u20ac95 million. 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