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Revenue of bet-at-home.com Increases in Q1

George Miller
April 30, 2019
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Revenue of bet-at-home.com Increases in Q1Reading Time: 1 minute

 

Bet-at-home.com, the German betting operator, has recorded gross betting and gaming revenue and EBITDA for Q1 2019. Gross betting and gaming revenue was €37.2m in the first quarter of 2019 is 12.1%.

Betting fees and gambling levies increased slightly to €5.3m and VAT on electronic services led to a negative impact on earnings of €0.9m. Net betting and gaming revenue increased by 18.8% to €31.1m.

The company stated: “From the current perspective, and assuming an unchanging regulatory and tax law environment, the management board expects a gross betting and gaming revenue between €130m and €143m in the fiscal year 2019. The decline in gross betting and gaming revenue compared to the financial year 2018 is attributable to legal uncertainties in Switzerland. Furthermore, the management board expects EBITDA to amount between €29m and €33m in the fiscal year 2019.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Revenue of bet-at-home.com Increases in Q1

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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Our impact extends far beyond the digital page. EEGaming.org is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

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