Tag Archives: bet-at-home

Strong growth from Betclic enabled its parent company Banijay Group to record a 10% rise in revenue in Q1 to €1bn and issue a raised EBITDA growth guidance from high single digits to low teens for 2024.  CEO Francois Riahi said this was due mainly to the strong outlook for OSB and iCasino, where revenues were up 31% to €321m …

Bet-at-home AG (BaH) will prioritise the initiatives of its ‘strategic transformation’ in 2024, aiming to enhance its financial performance from H2 onwards, coinciding with Germany hosting the UEFA EURO 2024 championships. Publishing its Q1 accounts, BaH registered an 11.7% decline in gross betting and gaming revenues to €11.7m (Q12023: €13.2m). The decline in corporate revenues is primarily related to continued …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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. …