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BetatHome Q1 Earning Results

Monday May 2,2016 : SOLID FIRST QUARTER FROM BET-AT-HOME

Marketing investments raise brand profile.

Betclic Everest subsidiary Bet-At-Home.com has released solid first quarter results attributed to ongoing marketing and brand awareness strategies which include its high profile jersey sponsorship of Berlin-situated football Club Hertha BSC.

Key performance indicators for the three month period ending March 31, 2016 include:

-    Gross betting and gaming revenue up by 6.4 percent to Euro 30.3 million (Q1/2015: Euro 20.4 million).

-    Net betting and gaming revenue increased by 4.6 percent to Euro 24.5 million (Q1/2015: EUR 23.4 million).

-    Group betting and gaming volume totalled Euro 648.9 million (Q1/2015: EUR 587.5 million), an increase of 10.4 percent.

-    EBT amounted to Euro 7.9 million (Q1/2015: Euro 9.8 million).

-    EBIT amounted to Euro 7.3 million (Q1/2015: Euro  9.3 million).

-    Betting fees and gaming levies amounted to Euro 3.7 million (Q1/2015: Euro 3.5 million).

-    VAT regulations for electronic service providers in the European Union resulted in an expense of Euro 2.1 million (Q1/2015: Euro 1.6 million).

-    Marketing and sponsorship expenses amounted to Euro 8.8 million (Q1/2015: EUR 6.5 million) .

-    Liquid assets and securities increased to Euro 53.4 million.

-    4.3 million registered customers (Q1/2015: 4.1 million).

The management board said, assuming that the regulatory and fiscal environment remains unchanged, it forecasts a 10 percent increase in gross gaming revenues to Euro 134.0 million in the 2016 financial year and an EBITDA of around Euro 30.0 million.



Gambling News :

MLB Odds: Stroman Gets the Nod Against Royals - The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.

Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

Microgaming QuickFire enters Coloumbia - Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.

Partypoker to sponsor WSOPC Uruguay - Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.

MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

PartyPoker Exits Australia - From 31st August 2017 partypoker players will no longer be able to play from Australia. Players’ deposited funds are safe and available for withdrawal.

Mercury Poker Live on Indian Poker Network - Mercury Poker Live on MPN's Indian Poker Network. MPN India, established in 2015, is a ring-fenced poker network dedicated to the Indian market and operating exclusively in Indian Rupees.

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