Tag Archives: bet-at-home

Betclic Everest owner FL Entertainment has reaffirmed its full-year 2022 guidance as the Pan-European media and entertainment conglomerate completes a successful year-1 listing on the Amsterdam Euronext.  Updating investors, FL cited that it had “enjoyed strong momentum across its two business lines of media production and sports betting throughout 2022’. Flagship sportsbook subsidiary Betclic had “registered high double-digit growth in …

bet-at-home AG has reassured its commitment to growth in its home market of Germany, having renewed its online gambling licences.   On 22 December, the embattled Frankfurt Boerse betting group announced that it had been granted approval by the Darmstadt Regional Council to renew its sports betting licence to operate in Germany’s Fourth Interstate Gambling Treaty (GlüNeuRStv) regime. The GlüNeuRStv sports …

The board of bet-at-home AG has upgraded the full-year revenue guidance of the Frankfurt Boerse online gambling group The upgrade follows a positive period of World Cup trading registered during the closing months of 2022.   Updating shareholders, “bet-at-home.com AG now expects its consolidated gross betting and gaming revenue (GGR) to stand in the range of €52 to €54 million in …

Multimedia betting, gaming and content production company FL Entertainment has reported a strong performance across the board in Q3, despite the liquidation of its bet-at-home brand, with trading bolstered by the Betclic sportsbook and Banijay content division. Updating its Amsterdam Euronext investors on third quarter and year-to-date trading performance, the Paris-based multinational company reported group-wide revenue of €2.7bn from January-September, improving 15% …

bet-at-home AG has cited trading difficulties as its business continues to be impacted by a deluge of negative adjustments across core markets.  Publishing its H1 2022 financial update, bet-at-home disclosed the impact of the Frankfurt Boerse betting group exiting Austria and downsizing its business due to the termination of its Malta subsidiary. Period trading saw bet-at-home generate gross gaming revenues …

Embattled bet-at-home AG has announced that it expects to recoup €11.4m in attributable income related to its discontinued Austrian business.  Dire 2021 trading saw bet-at-home forced to exit Austria’s online gambling marketplace, having lost a long-standing legal dispute against customers who sought a reimbursement for ‘playing on an unlicensed website’. While the Austrian exit saw the firm wind-up its Malta …

EveryMatrix has secured a boost for its German and wider European operations and visibility, striking a deal with bet-at-home. The B2B solutions supplier’s agreement with bet-at-home, a prominent Germany-based operator with a presence across Europe, concerns provision of EveryMatrix’s turnkey solution. Bet-at-home will replace its own proprietary platform with EveryMatrix’s tech offering, in order to support its business activities both …

Bet-at-home AG has chosen to surrender its UK licence and has notified customers that it will exit the marketplace.  The decision sees Bet-at-home choose not to contest its recent licence suspension, sanctioned by the UK Gambling Commission (UKGC) on 7 July. The Frankfurt-listed operator had its licence placed under review by the Gambling Commission due to social responsibility and AML …

The UK Gambling Commission (UKGC) has launched a review of Bet-at-home’s UK operations, suspending the firm’s licence whilst doing so. Making the announcement this morning, the UK national regulator revealed that the German operator – which maintains offices in Malta and Gibraltar – may have been operating contrary to the conditions of the 2005 Gambling Act. Specifically, the UKGC detailed …

bet-at-home has encountered difficulties during the first quarter of the year, as its total group revenue declines by over 50% to €14 million.  However, the Dusseldorf-based betting and gaming operator maintains that this figure – dispute representing a 54% decline on Q1 2021 revenues of €30 million – is still indicative of a strong start to the year. Recorded EBITDA, …