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Bet-At-Home strong growth in Q2-2014

Wednesday August 13, 2014 : WORLD CUP WAGERING HELPS BET-AT-HOME QUARTERLY
 
GGR in H1-2014 up 27.9 percent.
 
Betclic Everest Group subsidiary Bet-At-Home.com has delivered further strong growth in Q2-2014, aided by solid business flowing from the World Cup football festival in Brazil during the quarter.
 
Earnings before tax rose y-o-y by Euro 1.9 million to Euro 9.3 million, while GGR for the half-year to June 30 soared 27.9 percent to Euro 53.1 million, with amounts wagered up 18.5 percent year-on-year to Euro 1.078 billion.
 
Despite heavier than usual marketing spend on the World Cup in the quarter, which drove half-year marketing costs up 48 percent to Euro 24.6 million, the company was pleased with the return on investment on the World Cup and performance overall, commenting that the new players brought in by the football festival hold the promise of increased future business.
 
Bet-At-Home's player base increased by 400,000 to 3.8 million, thanks to the World Cup.
 

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Gambling News :

Betsoft Gaming In Deal With SuprNation - Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.

Ladbrokes New SPonsor of The Hennessy Gold Cup - The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.

Ladbrokes Appoints Annemarie Durbin - Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.

Olympus Slot Pays $210k Jackpot to USA Player - “I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”

Divine Fortune SLot Launches - NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.

BetatHome profit guidance for the 2016 financial year - bet-at-home.com AG has lifted its profit guidance for the 2016 financial year following what it terms a “supremely positive business development in the fourth quarter”.

Aussie Millions $1,150 buy-in No-limit Hold’em Accumulator Results - In the latest Aussie Millions event - the A$1,150 buy-in No-limit Hold’em Accumulator, local poker pro Bridges Roe prevailed against a field of 721 to claim the main prize of A$160,725, despite starting the final day at the bottom of the chip counts.

2 Huge Wins at Bovada Casino - Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.

China Internet Clean Up Campaigns - The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:

AOPA to campaign for poker to be left alone - The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.

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