Tag Archives: DACH

bet-at-home sees no summer bounce as DACH taxes drain recovery

bet-at-home AG has maintained its full-year 2020 revenue and earnings outlook despite all corporate metrics trading below 2019 comparatives, as the DACH markets bookmaker returns to full operating capacity.  Publishing its latest Q1-Q3 2020 trading statement, bet-at-home has recorded group revenues of €93 million, tracking 13% below 2019’s €107 million.   Despite its revenue downturn, which the operator attributed to COVID-19 …

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Tipwin advances ‘Germany 2021’ strategy with GiG casino and data upgrades  

Gaming Innovation Group (GiG) has continued its ‘B2B drive’ after announcing that it has secured a multi-services agreement with Tipwin Ltd to serve as the DACH region operator’s lead casino platform and data intelligence provider.  Updating the market, GiG confirmed that it has signed a ‘minimum contract term of three years’, in which it will provide Tipwin’s new online casino …

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Interwetten backs Austrian code on sports integrity

DACH bookmaker Interwetten Sports has become a member of Austrian Sports’  ‘Fair Play Code’, an initiative developed by the government to ensure the integrity of national sports against manipulation. Co-developed by Austria’s Sports Ministry, in partnership with the OFB Football Association and Austria’s Bundesliga, the Fair Play Code aims to educate all national sports stakeholders on preventing match-fixing and corruption. The …

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bet-at-home maintains 2020 outlook despite dire opening 

DACH markets betting group bet-at-home AG has recorded double-digit declines across all topline metrics, publishing its Q1 2020 trading update.    The Frankfurt Xetra bookmaker detailed that tough Q1 trading was compounded by the abrupt postponement of European sports and continued wagering declines recorded in Poland and Switzerland. Dealing with multiple headwinds, bet-at-home saw Q1 2020 wagering volumes drop by 18% …

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Dominik Beier – Interwetten unafraid to test its legacy in Nigeria

Dominik Beier, Group CEO of DACH markets legacy sportsbook Interwetten has spoken to SBC on his firm’s African market ambitions, which will launch imminently within Nigeria. Prior to global betting’s COVID-19 disruption, Interwetten’s executive team had announced that the sportsbook had secured a ‘national licence’ from Nigeria’s Lottery Regulatory Commission (LRC). The announcement sees Beier undertake a key strategic leadership …

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Novomatic sells Casinos Austria stake to Czech SAZKA

Novomatic AG has agreed to sell its 17% stake in Casinos Austria to Czech gambling conglomerate SAZKA Group. Issuing a short statement, Novomatic confirms that it has reached a binding agreement with SAZKA dependent on regulatory approvals. The transaction will see SAZKA increase its shareholding in Casinos Austria to 55% (formerly 38%), after securing majority investment rights in the leading …

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Austrian tax settlement overshadows bet-at-home’s growth momentum

Publishing its Q3 2019 trading update (period ending 30 September) Frankfurt Xetra-listed bookmaker bet-at-home AG reports continued strong commercial momentum, despite the company booking an €11.5 million Austrian tax charge. Updating investors, bet-at-home reports 2.5% increase year-to-date betting and gaming revenues of €107 million (YTD2018: €104m). The operator highlights that it has been able to maintain its YTD wagering capacity …

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bwin places firm responsibility agenda on DFB 2022 extension

GVC Holdings’ European online sportsbook property bwin, has confirmed a four-year extension to its existing partnership with the Deutscher Fussball Bund – DFB – German Football Association. Extended to December 2022, bwin will continue to act as ‘official DFB betting partner’, securing extensive brand coverage across Germany men/women’s national football team matches. In addition, the bwin brand secures advertising rights …

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Generational Change! Interwetten appoints Dominik Beier as betting’s youngest leader

The governance of DACH region online betting group Interwetten Sports has confirmed the upcoming appointment of Dominik Beier as new ‘speaker of the board and lead corporate spokesman’. Updating the market, Interwetten governance expects Beier to take corporate leadership of the betting group from April 2019. Beier will replace current Interwetten leader Werner Becher, who this November confirmed that he …

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Auf wiedersehen… Werner Becher confirms Interwetten leadership departure

Werner Becher long-term Chief Executive of DACH markets betting group Interwetten Sports (Interwetten.com) has confirmed his leadership departure via a LinkedIn post. “Today I informed Interwetten employees today that I will step down as CEO at the end of 2018.” Becher’s Linkedin update. A seasoned European IT and media executive, Becher has led Interwetten since 2011, converting the sportsbook into …

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