EQS-Adhoc bet-at-home.com AG: bet-at-home.com AG increases its revenue forecast for the current financial year
EQS-Ad-hoc: bet-at-home.com AG / Key word(s): Change in Forecast
PUBLICATION OF INSIDER INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014
bet-at-home.com AG increases its revenue forecast for the current financial year
Düsseldorf, 1 December 2022. bet-at-home.com AG now expects its consolidated gross betting and gaming revenue ("GGR") in the range of EUR 52 million to EUR 54 million in the financial year 2022 (previous: EUR 45 million to EUR 50 million).
This reflects a positive effect in the sports betting segment from the current FIFA World Cup. Due to the successful implementation of various reorganization measures and associated reductions in certain types of costs, the bet-at-home.com Group was able to channel savings into additional investments in marketing measures, also in connection with the FIFA World Cup.
An adjustment of EBITDA guidance as a result of the higher GGR expectation is not made at the moment, due to the fact that it is not conclusively determined to what extent risk provisions associated with former business activities will be required in the annual and consolidated financial statements for the financial year 2022.
The bet-at-home.com AG Group is active in the domain of online sports betting and online gaming. With 5.5 million registered customers, the company (which is listed on the Frankfurt stock exchange) represents, together with its subsidiaries, one of the most popular gaming providers within the European Union. bet-at-home has companies in Germany, Austria, Malta and Gibraltar. The Group holds various licenses via its Maltese companies for online sports betting and online gaming. The licenses allow the company to organize and market online sports betting and online casinos. Since 2009, bet-at-home.com AG has been a part of the Betclic Everest SAS Group, which is a leading French Group in the domain of online sports betting and online gaming. bet-at-home is certified according to ISO/IEC 27001:2013 for all Group companies in Germany, Austria and Malta.
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|Phone:||+49 211 545 598 77|
|Fax:||+49 211 545 598 78|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1502403|
|End of Announcement||EQS News Service|
1502403 01-Dec-2022 CET/CEST