No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Bet At Home significant revenue growth during first half 2016
Monday August 1,2016 : BET-AT-HOME HAILS MARKETING INVESTMENT
Delivers significant revenue growth during first half 2016.
Online gaming firm bet-at-home.com AG Group reported positive earnings during its first half 2016 fiscal period, saying an investment in marketing, in the lead up to, and during the Euro 2016 football tournament had proven successful in increasing brand recognition and new customer registrations.
The Betclic Everest Group-owned company reported EBITDA of Euro 9 million (H1/2015: Euro 16 million)
despite what it describes as “intensive marketing investments connected with the European Football Championship”. Second quarter 2016 EBITDA amounted to Euro 1.5 million (Q2/2015: Euro 6.4 million) contributing positive earnings “to the pleasing trend during the period under review”, a company statement reads.
EBIT during the first six months of the 2016 financial year amounted to Euro 8.5 million (H1/2015: Euro 15.5 million). The Groups financial income increased to Euro 1.1 million (H1/2015: Euro 1.0 million). EBT amounted to Euro 9.6 million (H1/2015: Euro 16.6 million).
Bet-At-Home reported “marked growth” in gross betting and gaming revenues which amounted to Euro 65.4 million (H1/2015: Euro 56.7 million), an increase of 15.2 percent. Betting and gaming volume totalled Euro 1,369.6 million (H1/2015: Euro 1,172.3 million), up 16.8 percent year on year.
Betting fees and gambling levies increased 15.7 percent to Euro 8.0 million, reflecting the growth in gross betting and gaming revenue (H1/2015: Euro 6.9 million). VAT regulations for electronic service providers in the European Union cost the company Euro 4.3 million (H1/ 2015: Euro 3.2 million). Net betting and gaming revenue grew by 13.9 percent to Euro 53.1 million as a result (H1/2015: Euro 46.6 million).
Costs of the company’s intensive marketing campaigns totalled Euro 26.6 million, up 75 percent over H1/2015, but attracted an additional 400,000 registered customers.
Other operating expenses, largely resulting from further investments in its broad product portfolio, amounted to Euro 9.5 million in the first half of 2016 (H1/2015: Euro 8.2 million).
Taking account of an equity-reducing dividend payout of Euro 15.8 million in May 2016, the company reported consolidated equity amounting to a total of Euro 84.4 million as of June 30, 2016 (December 31, 2015: Euro 94.0 million), equivalent to a 67.7 percent consolidated equity ratio (December 31, 2015: 74.2 percent).
Liquid assets and current securities amounted to Euro 43.5 million as of June 30, 2016 (December 31, 2015: Euro 50.1 million).
Assuming an unchanged regulatory and tax law environment, Bet-At-Home.com Group AG’s Management Board anticipates growth in gross betting and gaming revenue in the 2016 fiscal year of 10 percent to reach Euro 134.0 million and EBITDA to reach a level of about Euro 30.0 million in the 2016 fiscal year.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.