Tag Archives: bet-at-home

Bet-at-home readies for EveryMatrix makeover as year losses mount to €1.5m

bet-at-home

Bet-at-home AG has declared a consolidated net loss of €1.5m for its full-year 2023 results as the Frankfurt Börse online gambling group continues to reorganise its operations. The €1.5m loss figure stands against €11m profit declared in 2022, in which the company recouped a cash reward of €11.5m from its discontinued Austrian business. Headline metrics saw group revenue drop to …

Read More »

EveryMatrix smashes all commercial records in 2023

EveryMatrix

EveryMatrix has proclaimed its “best financial results in its 16-year history” as the igaming and sports betting technology group sets new growth and profitability records. Publishing its Q4 and full-year results, EveryMatrix registered a 75% increase in FY2023 consolidated net gaming revenues (NGR) of €114m (FY2022: €65m). Headline growth reflects EveryMatrix expanding its key client base across all products and …

Read More »

FL Entertainment confident in betting business after ‘solid results’ close Q3

betclic, FL Entertainment

FL Entertainment expects ‘positive momentum’ for its online betting and gaming segment to continue into 2024 despite hurdles faced by bet-at-home, with the Betclic Everest Group being its primary source of confidence. The Paris-based pan-European entertainment group, which is the parent company of Betclic and the majority shareholder in bet-at-home, reported group-wide revenue of €2.9m for the nine months ending …

Read More »

Bet-at-home revises 2023 expectations citing adverse Q3 results

Bet-at-home revises 2023 expectations citing adverse Q3 results

Bet-at-home AG has revised its financial outlook for the remainder of 2023 trading as it continues to face hurdles impacting its sports betting operations. The board of the Frankfurt Boerse-listed online gambling group now expects full year revenue to be in the range of €44m-48m, around 12% to 3% less than previous projections of between €50m-€60m. However, EBITDA is expected …

Read More »

Bet-at-home adopts full EveryMatrix tech stack for long-term vision

bet-at-home

EveryMatrix’s partnership with one of its longest-running clients, Germany-based operator bet-at-home AG, has been enhanced with the integration of the supplier’s full tech stack. The agreement sees the operator adopt the OddsMatrix sportsbook platform and EveryMatrix’s turnkey solution, which includes a casino platform, player management, payments module and affiliate software. By utilising its Malta-based supplier partner’s full solution, bet-at-home aims …

Read More »

Betclic double-digit growth helps FL raise 2023 targets

SBC News Betclic double-digit growth helps FL raise 2023 targets

FL Entertainment has raised its full-year 2023 EBITDA guidance to €750m, as the Amsterdam Euronext media conglomerate benefits from M&A expansion and the enhanced performance of its betting and gaming business. Publishing its H1 Interim trading results, FL, the parent company of Betclic and majority shareholder of Bet-at-Home AG, reported corporate revenues of €1.92bn, marking a 6.8% year-on-year increase on …

Read More »

FL Entertainment hails Betclic as content slowdown drags Q1 results 

betclic Fl Entertainment

FL Entertainment has highlighted the importance of its Betclic business, as the Pan-European media group maintains growth despite encountering ‘seasonal difficulties’ impacting its content and distribution units. Publishing its Q1 2023 trading update, the Amsterdam Euronext group matched corresponding 2022 revenue results of €900m. The stagnant revenue results were attributed to FL’s Content Production unit, registering a 5% decrease in …

Read More »

Betclic World Cup gains boost FL Entertainment’s Amsterdam status 

SBC News Betclic World Cup gains boost FL Entertainment’s Amsterdam status 

FL Entertainment has hailed the positive contribution of its Betclic Everest subsidiary to achieving the objectives of its merger and transformation as a new Amsterdam Euronext enterprise.  The pan-European entertainment group which in H1 listed on the Amsterdam Exchange merging the assets of Banijay Media and Betclic Everest achieved total revenues of €4.05bn – a result matching its upper-end guidance. …

Read More »

bet-at-home prioritises home market growth following dire 2022  

bet-at-home

bet-at-home AG has declared a full-year corporate loss of €585,000, due to the extensive streamlining of its day-to-day operations and reorganisation of its business strategy.  2022 marked a dire year for the Frankfurt Börse betting group, which recorded declines across all core trading metrics as its full-year gaming revenues (GGR) fell by 10% to €53.5m (FY2021: €59.3m). The drop in …

Read More »

Bet-at-home seeks ‘exceptional results’ as EveryMatrix partnership goes live

EveryMatrix

German betting and gaming brand bet-at-home has completed the full migration of its sportsbook operations onto EveryMatrix’s tech stack. Having first signed a deal with the solutions and content services provider at the close of Q4 2022, bet-at-home’s partnership with EveryMatrix will cover all its active markets.  The firm replaces its own existing platform with EveryMatrix’s OddsMatrix sportsbook and comprehensive …

Read More »