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Monday May 5,2014 : BET-AT-HOME Q1 REPORTS AN UPWARD TREND
Optimistic start to the financial year
Bet-At-Home.com AG attributed a positive first quarter 2014 to positive developments in gross revenue, efficiency increases in marketing and an ongoing reduction in operating expenses.
Key performance highlights include:
- EBT increased by Euro 4.7 million to Euro 8.3 million (Q1/2013: Euro 3.5 million)
- Increase in gross gaming revenue by 10.9 percent to Euro 25.2 million (Q1/2013: Euro 22.7 million)
- EBITDA reached Euro 8.0 million (Q1/2013: EUR 3.4 million).
- EBIT increased by Euro 4.5 million to Euro 7.8 million (Q1/2013: Euro 3.3 million).
- Group financial result increased to Euro 0.4 million (Q1/2013: Euro 0.2 million).
- Gross betting and gaming revenue was Euro 25.2 million (Q1/2013: 22.7 million), up 10.9 percent
- Gaming volume amounted to Euro 495.2 million, (Q1/2013: 477.5 million), up 3.7 percent
- Sports betting tax and gaming charges amounted to Euro 3.3 million (Q1/2013: Euro 3.2 million)
- Net gaming revenue increased to Euro 21.9 million (Q1/2013: Euro 19.5 million)
- Decrease in marketing spend to Euro 7.7 million (Q1/2013: Euro 10 Million)
- Increase in registered customers to 3.7 million (Q1/2013: 3.3 million).
- Other operating expenses of Euro 3.1 million (Q1/2013: Euro 3.5 million), down 11.2 percent
- Group equity increased substantially to Euro 50.1 million (31.12.2013: Euro 44.6 million), resulting in an increased Group equity ratio of 66.0 percent (31.12.2013: 64.5 percent).
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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