BETBY Reports 179% Surge in Sportsbook Revenue in Q1 2025
BETBY has announced a strong start to 2025, with Gross Gaming Revenue from its sportsbook solution rising by 179% compared to the same period last year. The growth was supported by increases in both the number of active players and total bets placed across its partner network, alongside a significant contribution from its esports division, Betby.Games.
Significant Rise in Sportsbook Performance
BETBY’s core sportsbook operations saw Gross Gaming Revenue climb 179% year-on-year in Q1 2025. This performance was driven by the launch of new projects and the continued success of key clients, according to the company. The number of bets placed increased by 65%, and the number of active players grew by 20% compared to Q1 2024, indicating broader engagement with BETBY’s platform.
The supplier’s proprietary esports product, Betby.Games, also played a notable role in the quarter’s results. The division recorded a 203% increase in GGR, with a 37% rise in active players and a 64% jump in bets placed. Betby.Games accounted for 12% of BETBY’s total GGR during the first quarter of 2025, highlighting its growing relevance in the company’s product portfolio.
Global Expansion and Strategic Focus
The company attributed its strong quarterly figures to the work of its commercial team and an emphasis on international expansion. BETBY has undertaken several strategic initiatives aimed at growing its global presence and enhancing its sportsbook offering.
Commenting on the results, Leonid Pertsovskiy, Chief Executive Officer at BETBY, said:
“These results reflect the strength of our long-term investments in product innovation, team excellence, and strategic partnerships. Our Q1 performance showcases the growing trust our clients have in BETBY and our ability to drive their business growth without ever compromising on quality.”