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DGAP-News: bet-at-home.com AG
/ Key word(s): Quarterly / Interim Statement
Düsseldorf, 9 November 2020
Overall, the gross betting and gaming revenue in the first three quarters of 2020 was EUR 93.0 million (Q1-Q3 2019: EUR 106.8 million) and thus below the previous year's figure due to the negative effects of the pandemic and legal restrictions in individual markets. The betting and gaming volume within the bet-at-home.com AG Group totaled EUR 2.1 billion in this period (Q1-Q3 2019: EUR 2.4 billion). Betting fees and gaming levies in the first three quarters of 2020 were EUR 16.1 million due to significantly higher revenue growth for products and countries with higher taxation than in the same period of the previous year (Q1-Q3 2019: EUR 15.4 million). In the same period, VAT on electronic services had a negative impact on earnings of EUR 3.4 million (Q1-Q3 2019: EUR 3.5 million). Accordingly, the net betting and gaming revenue amounted to EUR 73.5 million in the first three quarters of 2020 (Q1-Q3 2019: EUR 87.9 million). Development of operating earnings in the first three quarters of 2020:
Cash and cash equivalents and short-term time deposits within the bet-at-home.com AG Group totaled EUR 49.0 million as of September 30, 2020 (December 31, 2019: EUR 54.8 million).
09.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | bet-at-home.com AG |
| Tersteegenstrasse 30 | |
| 40474 Düsseldorf | |
| Germany | |
| Phone: | +49 211 17934 770 |
| Fax: | +49 211 17934 757 |
| E-mail: | ir@bet-at-home.com |
| Internet: | www.bet-at-home.ag |
| ISIN: | DE000A0DNAY5 |
| WKN: | A0DNAY |
| Listed: | Regulated Market in Frankfurt; Regulated Unofficial Market in Berlin, Hamburg, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1146371 |
| End of News | DGAP News Service |
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1146371 09.11.2020
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