Tag Archives: bet-at-home

Marketing expenses outpace revenue growth for Bet-at-home

Bet-at-home enjoyed a successful third quarter in part due to the European Championships, but it still saw its marketing expenses outpace gross gaming revenue growth for the nine months to September. The Austrian, German and Eastern European-facing operator saw gross gaming revenues for the nine-month rise nearly 15% to €100.4m. Net revenue after gaming taxes and VAT rose 13.5% to …

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 renews legacy betting partnership with Schalke 04

Frankfurt-listed online betting operator bet-at-home AG has confirmed that it has renewed its betting partnership with Rhineland Bundesliga football club Schalke 04 for a further two seasons (contract expires end of Bundesliga 2017/18). The German focused betting operator did not disclose any financial details regarding the partnership. However bet-at-home marketing were pleased to renew its longest standing betting partnership with …

Read More »

Betclic Everest reduces majority stake in bet-at-home by 10%

Issuing a short corporate statement Betclic Everest Group has confirmed that it will reduce its majority shareholding in Frankfurt-listed European betting operator bet-at-home AG by approximately 10%. The Malta based online betting operator which owns circa 67% of bet-at-home equity, will look to place 350,000 of its share capital for sale. Updating stakeholders’ and the market, Betclic governance issued the …

Read More »

bet-at-home high visibility strategy targets + €130 million in revenues for 2016

Issuing a Q1 2016 (period ending 31 March) market update, Frankfurt Xetra-listed European sports betting operator bet-at-home AG recorded group revenues of €30 million up 6.4% on corresponding 2015’s €28.4 million. Despite reporting an improved revenue performance for its 2016 opening, bet-at-home would declare an EBIT of €7.3 million (Q1 2015: €9.6 million). The operator detailed that period marketing costs …

Read More »

Sporting Index bolsters ESSA membership numbers

Sporting Index has joined ESSA, the regulated betting industry’s integrity body. By joining with Sporting Index, ESSA has added sports spread betting to its existing coverage of traditional fixed odds and pool betting markets. ESSA now has 19 members, and represents many of the major regulated international sports betting operators: the ABB, Betclic, Bet-at-Home, Betsson, Bet365, BetVictor, Betway, bwinparty, Digibet, …

Read More »

Champions League Tips: Expect PSG to dump Man City out

Victory on the Road: Manchester City vs Paris Saint Germain Although Man City finished first in Group D, tipster Vermelho believes that PSG has the better team. Since City managed an unexpected draw in Paris, our tipster (who has a 12.31% yield in the league) is expecting PSG to make up for it. Bet365 agrees with the tipster, giving PSG the …

Read More »

bet-at-home sees revenue & earnings boost as efficiency led strategy pays off in 2015

Announcing its full-year 2015 results (12-month period ending 31 December), Frankfurt-listed European betting operator bet-at-home AG has declared earnings of €33 million (£25.7 million) up 20% on FY 2014’s results of €27.5 million (£21.4 million). bet-at-home governance was delighted to have surpassed the strong results posted in 2014, a year which was boosted by the FIFA World Cup. The operator …

Read More »

bet-at-home continues strong 2015 momentum with EBITDA up 29%

European sports betting operator bet-at-home AG continues its strong 2015 momentum recording a 9 month EBITDA profit increase (period ending 30 September) of 28.8% to €23 million (2014 Q1-Q3: €17.2 million). Despite no major summer football tournament, bet-at-home recorded an 8.9% gain in gross gaming/betting revenues to €87.5 million (2014 Q1-Q3: €80 million). bet-at-home governance was pleased to highlight that …

Read More »

William Hill & bet-at-home join German Betting Association

The German Betting Association (Deutscher Sportwettenverband – DSWV), has announced operators William Hill and bet-at-home as new members of its organisation. Founded in 2014, the industry body aims to promote fair market and sector conditions for operators servicing the German sports betting consumers. DSWV grows its member base as numerous political, media and sporting stakeholders urge for the Hesse Ministry to completely …

Read More »