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Bet-at-home.com AG: Forecast for the Fiscal Year 2022

Published

3 years ago

February 11, 2022

Niji Narayan

Reading Time: < 1 minute

Bet-at-home.com AG had previously disclosed the termination of its online casino offering in Austria, the adoption of a restructuring plan and the winding-up of Malta-based bet-at-home.com Entertainment Ltd.

Considering the effects resulting from this, the management board expects consolidated gross betting and gaming revenue in the range of EUR 50 million to EUR 60 million in the fiscal year 2022 for the bet-at-home.com AG Group. For the fiscal year 2022, a near-balanced EBITDA of the bet-at-home.com AG Group is expected in a range between EUR -2 million and EUR 2 million.

Any potential deconsolidation effects of the Malta-based bet-at-home.com Entertainment Ltd. have not yet been taken into account.

The bet-at-home.com AG Group is active in the domain of online sports betting and online gaming. With 5.5 million registered customers, the company (which is listed on the Frankfurt stock exchange) represents, together with its subsidiaries, one of the most popular gaming providers within the European Union. Bet-at-home has companies in Germany, Austria, Malta and Gibraltar. The Group holds various licenses via its Maltese companies for online sports betting and online gaming.

Related Topics:Bet-at-home.com AG Frankfurt Stock Exchange online gaming online sports betting

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.