bet-at-home AG has maintained its full-year 2020 corporate guidance, despite undertaking significant changes to its business strategy to mitigate COVID-19 circumstances and incurring DACH market headwinds. Publishing its interim results for the six months ended 30 June 2020, bet-at-home posted net betting and gaming revenues of €49.1 million, down from €58.7 million in H1 2019 which it stated was ‘due …
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Q3 bounce back sees bet-at-home recover its 2018 expectations
The governance of Frankfurt Xetra-listed bet-at-home AG has detailed a significant upturn in its Q3 2018 trading (period ending 30 September), as the company remains confident of delivering its full-year 2018 expectations. Updating investors, bet-at-home reveals a ‘record-breaking’ Q3 2018 EBITDA of €13 million, as the operator benefitted from its ‘intensified marketing measures’ executed for World Cup Russia 2018 during …
Read More »Expensive Euro 2016 marketing outlay sees bet-at-home post 42% decline in H1 2016 earnings
Increased marketing costs attached to Euro 2016 have seen Frankfurt-listed European sports betting operator bet-at-home AG post a 42% decline in corporate earnings to €9.6 million (H1 2015: €16.5 million) for its H1 2016 results (period ending 30 June). Detailing period expenditure, bet-at-home governance specified that the company had spent €26.6 million (H1 2015: €15 million) on advertising its brand …
Read More »bet-at-home posts +50% increase for 2014 earnings
European sports betting operator bet-at-home AG reported improved yearly earnings of €17.9 million (£14 million) up 54% on 2013 earnings performance – €11.6 million (£9.10 million). The operator’s improved financial performance had been driven by increased gross gaming revenues during the 9 month period, with bet-at-home reporting a revenue increase of 30.6% to €80.7 million (£62.8 million) Q1- Q3 2013 …
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