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.
