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Good Quarter Preformance For BetatHome
Monday May 6,2013 : BET-AT-HOME PLEASED WITH QUARTERLY PERFORMANCE
Increased customer base and reduction in advertising strengthens bottom line
BetClic Everest Group subsidiary Bet-At-Home published its first quarter 2013 results this week, saying the results confirm the operation's growth path.
The company said the continuous and intensive acquisition of new customers, combined with the reactivation of existing customers, successfully strengthened the bet-at-home.com brand further with registered customers now amounting to over 3.3 million.
Key performance indicators for the three month period ending March 31, 2013 include:
• Gross gaming revenue (Hold) increased by 7.5 percent to Euro 22.69 million (Q1/2012: Euro 21.11 million).
• Net gaming revenue (Hold minus betting and gaming tax) improved by 3.3 percent to Euro 19.47 million (Q1/2012: Euro 18.85 million).
• Group result before taxes is Euro 3.55 million (Q1/2012: Euro 2.10 million).
• Betting fees and gambling levies amounted to a cumulative Euro 3.22 million in the first quarter of 2013 (Q1/2012: Euro 2.27 million).
• Advertising expenses amounted to Euro 9.99 million (1st quarter 2012: Euro 11.09 million).
• Group EBITDA increased significantly to Euro 3.45 million (Q1/2012: Euro 1.94 million), up 77.8 percent.
• Group annual net profit increased by 62.9 percent and amounts to Euro 2.33 million (Q1/2012: Euro 1.43 million).
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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.
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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