Tag Archives: Germany

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

SBC News 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 …

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CVC Capital confirms Tipico acquisition

SBC News CVC Capital confirms Tipico acquisition

Private equity firm CVC Capital Partners furthers its presence in online gambling having acquired a majority stake in German focused sports betting operator Tipico Co Ltd. CVC adds the Malta licensed betting operator to its gambling portfolio, having secured the acquisition of Sky Betting & Gaming in December 2014 for £800 million. As yet no financial terms have been disclosed …

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European casino industry gathers in Berlin for Slot Summit

SBC News European casino industry gathers in Berlin for Slot Summit

Leading figures from the European casino industry have gathered in Berlin for the European Slot Summit, to learn about the new technologies and gaming development facing the gaming floor. Around 100 influential organisations are in attendance for the 3-day networking event. The Summit has an impressive speaker line up, which includes first day talks from Lucien Wijsman, Paul Steelman, Dallas …

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6 of the Best – Mondogoal’s Shergul Arshad

SBC News 6 of the Best - Mondogoal's Shergul Arshad

BetITBest‘s Nico Jansen is interested in discovering the best in people. This week it’s Shergul Arshad. Shergul Arshad is Founder and CEO of Mondogoal, the largest European daily fantasy site which boasts partnerships with the likes of Barcelona, Chelsea, Sports Interactive and more. He was previously Head of Digital at AS Roma and the translator for the Italian team at the 1994 World Cup.  …

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Player activity decline sees Mybet post €8 million losses for 2015

SBC News Player activity decline sees Mybet post €8 million losses for 2015

Frankfurt Xetra listed bookmaker mybet Holdings SE ends a difficult 2015 posting full-year EBIT losses of – €8.8 million (FY 2014: €500,000). Throughout 2015, the German focused bookmaker had been impacted by a downturn in player activity, with its online sports betting division witnessing a wagering decline from €100 million (2014) to €95 million (2015). Presenting 2015 results, mybet would …

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International Football tips on bettingexpert

SBC News International Football tips on bettingexpert

Home-field Advantage: Germany v England The current world champions are favoured in this match. Tipster Notorious points to Germany’s incredible endurance on the field, never winding down in a match – even if they are winning. Notorious predicts that the home team will win by 2 goals in this particular match up. Even with this particular tipster’s confidence, Coral (Notorious’ selected bookmaker) is …

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DSWV welcomes sports betting regulatory reform in Germany

SBC News DSWV welcomes sports betting regulatory reform in Germany

With the German state currently investigating regulatory procedures around sports betting, and with a potential overhaul on the cards, the German Sports Betting Association (DSWV) President Mathias Dahms has welcomed the discussions. Back in October 2015 the state of Hesse presented five guidelines focused on reform and gambling regulation. Government officials will meet this week to discuss what must be done, in terms …

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

SBC News 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 …

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More industry leaders join the SportsPro Live programme

SBC News More industry leaders join the SportsPro Live programme

Organisers of SportsPro Live have announced that senior figures from Virtually Live, The Sports Consultancy and Fnatic have signed on to speak at the next edition of the event at Wembley on 22nd and 23rd March: Thomas Neubert, Chief Commercial Officer, Virtually Live Thomas Neubert is chief commercial officer at virtual reality technology company Virtually Live. A former vice president …

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