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Bet-at-home’s earnings increase

George Miller
November 7, 2018
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Bet-at-home’s earnings increaseReading Time: 1 minute

 

Bet-at-home, the German betting company, has posted significantly higher earnings during third quarter than on previous quarters. The company posted a record EBITDA of €13m in the third quarter. EBITDA of the last two quarters were €9.3m (Q1) and €1.6m (Q2).

So far in 2018, Bet-at-home posted an EBITDA of €23.9m.

Bet-at-home AG stated: “From the current perspective, and assuming an unchanged regulatory and tax law environment, the management board expects gross betting and gaming revenue increasing to €150m in the fiscal year 2018. Furthermore, the management board assumes EBITDA to reach a level between €36m and €40m in 2018.”

A few months back, Kansspelautoreit, the Dutch gambling regulator, has slapped a 410,000 Euro fine on Bet-At-Home for actively promoting online gambling services and products to Dutch citizens and allowing them to access company websites.


Source: Latest News on European Gaming Media Network

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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