Press Releases
bet-at-home.com releases company figures for 2019
– Gross betting and gaming revenue of EUR 143.3 million at previous year’s level
– EBITDA in financial year 2019 at EUR 35.2 million
– Cash and short-term time deposits at EUR 54.8 million
Revenue development in the financial year 2019:
In financial year 2019, the bet-at-home.com AG group achieved the highest betting and gaming volume in the company’s history with more than 3.2 billion euros. Gross betting and gaming revenue reached EUR 143.3 million, almost exactly the same as the previous year (FY 2018: EUR 143.4 million).
Betting fees and gaming levies in the financial year 2019 were slightly below the level of the previous year at EUR 20.9 million (FY 2018: EUR 21.0 million). VAT on electronic services resulted in a burden on earnings of EUR 4.9 million in the financial year 2019 (FY 2018: EUR 7.3 million).
Accordingly, the net betting and gaming revenue increased by 2.0% to EUR 117.5 million (FY 2018: EUR 115.1 million).
Further strengthening of brand awareness and expanding the customer base:
Due to the lack of a major sporting event, bet-at-home set its marketing focus of the year on the start of the European football leagues after the summer break in 2019 and expanded its involvement in top European sport to include further cooperations in ice hockey, volleyball, beach volleyball and basketball. Overall, marketing expenses in the financial year 2019 were EUR 39.8 million, therefore higher than in the same period of the previous year (FY 2018: EUR 38.3 million).
As of December 31, 2019, the bet-at-home.com AG Group had a total of more than 5.2 million registered customers (December 31, 2018: 5.0 million).
Earnings development in the financial year 2019:
In financial year 2019, EBITDA was EUR 35.2 million, EUR 1.0 million below the reference value of the same period in the previous year (FY 2018: EUR 36.2 million). Earnings before taxes (EBT) in financial year 2019 reached EUR 33.1 million (FY 2018: EUR 35.0 million).
As a result of a fiscal tax audit, corporate tax back payments in Austria from changes in group transfer pricing and, correspondingly, corporate tax reclaims in Malta resulted in a net additional charge of EUR 13.9 million in income taxes in the financial year 2019. This burden resulted in a group tax rate of 45.7% (FY 2018: 6.8%). The group tax rate for the financial year 2019, adjusted for one-time effects from the fiscal tax audit, is 18.2%.
Overall, the consolidated profit for the period in the financial year 2019 was EUR 18.0 million (FY 2018: EUR 32.6 million).
About bet-at-home:
The bet-at-home.com AG Group is active in the domain of online gaming and online sports betting. With more than 5.2 million registered customers, the company (which is listed on the Frankfurt stock exchange) represents, together with its subsidiaries, one of Europe’s most successful gaming providers. The varied options offered on www.bet-at-home.com include sports betting, poker, casino, games and virtual sports. bet-at-home.com has companies in Germany, Austria, Malta and Gibraltar. The successful development of the company can be attributed to its 288 employees as at 31 December 2019. The Group holds various licenses via its Maltese companies for online sports betting and gaming. The licenses allow the company to organize and market online sports betting and online casinos. Since 2009, bet-at-home.com AG has been a part of the Betclic Everest SAS Group, which is a leading French Group in the domain of online gaming and sports betting.
Latest News
PureWager and MIRACL announce new partnership
MIRACL, the world’s only single-step multi-factor authentication (MFA) provider, today announces a new partnership with PureWager Group, an emerging leader in next generation sports betting technology. This new, powerful collaboration will enable seamless player access via MIRACL’s one-step login, enhancing security for both operators and players across PureWager’s network.
PureWager Group leads the way in providing exceptional retail and online sportsbook solutions across North America, with a special emphasis on Tribal Enterprises. They empower clients with innovative Class 2 and on-premises mobile gaming options, as well as engaging social sportsbook and iCasino experiences.
MIRACL is a passwordless, single-step PIN authentication that is recognised by – and ensures compliance with – the latest industry standards, such as GDPR, AML and other international guidelines as an all-in-one full replacement to usernames, passwords and 2FA. In light of growing legislative changes, MIRACL is fast becoming the login of choice for many iGaming providers. With MIRACL, access to play is seamless and with a proven login success rate of 99.9%, any loss of traffic due to login friction is absolutely minimised.
Sandro Di Michele, Chief Revenue Officer at PureWager Group comments,
“Simplicity sits at the heart of the PureWager platform. As we build a next generation sportsbook ecosystem across North America, it’s essential that player access is both seamless and secure. MIRACL’s single-step authentication removes unnecessary friction from the login process while delivering the highest standards of security and regulatory compliance. This partnership strengthens our ability to deliver a modern sportsbook experience that is simple for players, efficient for operators and built for scale.”
Rob Griffin, CEO at MIRACL added, “MIRACL is fast becoming embedded and synonymous with iGaming and Sports Betting enabling the best, most secure user experience login across the sector. As partnerships develop with some of the leading next gen technologies in the sector, not only are we going one step further to eliminate password-related login friction, we are continuing to support growing regulation that requires operators to use non-phishable means of logging in with multi-factor authentication. This new partnership with PureWager will provide even more iGaming players with the best login service – keeping them entertained and loyal, as well as safeguarding their accounts with the best security.”
MIRACL Trust eliminates the need for security practices such as passwords, SMS Texts, push notifications and key-cards. The use of true two-factor authentication coupled with the latest Zero Knowledge Proof (ZKP) patented technology means no personal data is stored or transmitted and there are no “honey-pots” of data exposed to attack, ensuring it is completely GDPR friendly too. With a simple two second login via PIN or biometric, MIRACL customers enjoy average login success rates of 99.88%.
MIRACL’s user-friendly, MFA solution helps to ensure that the online gaming experience is secure and protected against unauthorised access. This is important for both players and operators, as it helps to prevent fraud and to maintain the integrity of the games.
The post PureWager and MIRACL announce new partnership appeared first on Americas iGaming & Sports Betting News.
Arizona
BETER secures supplier licence in Arizona
BETER, the award-winning provider of live streaming, data and odds for esports and sports, has entered a new US state after being granted the Event Wagering Supplier License by the Arizona Department of Gaming.
The supplier licence allows BETER to deliver its fast-betting content, including live streams and live data, to licensed operators in the state for the first time, including its exclusive ESportsBattle tournaments and Setka Cup table tennis series.
Both are now live with tier-one operator bet365, a long-standing partner of BETER. Arizona is the seventh state in which BETER is now licensed as the company ramps up its presence in the state and the wider US market. BETER is also certified in North Carolina, New Jersey, Florida, Indiana, Iowa and Colorado.
BETER exclusively delivers 24/7 live streaming, real-time data and hyper-accurate odds for more than 700,000 fast-paced events annually, offering up to 50 markets per event with an average operator margin of 7.5%+.
Its esports portfolio includes ESportsBattle tournaments featuring eFootball, eBasketball, eHockey and eTennis, while its sports portfolio features the Setka Cup series and BSKT Cup basketball league.
Gal Ehrlich, CEO of BETER, said: “Securing regulatory approval in Arizona is a pivotal moment in our ongoing US expansion strategy. This marks our seventh state, and we are incredibly proud to continue our trajectory of growth in one of the world’s most dynamic betting markets.
“Our mission has always been to provide operators with the most reliable, high-velocity content available, and receiving the green light from the regulator is a testament to the integrity and quality of our offering.
“We are thrilled to kick off this journey with bet365 and look forward to bringing our industry-leading esports and sports content to even more Arizona players in the near future.”
Valeriia Tarchynska, Chief Legal Officer at BETER, added: “We are proud to announce that we have successfully completed the process of obtaining the Event Wagering Supplier License in the state of Arizona.
The process took us a total of eight months and was one of the most challenging journeys for our team. However, thanks to the dedication and expertise of our legal and integrity teams, we successfully navigated it.
This milestone strengthens our commitment to delivering reliable, compliant, and transparent products to our clients.
“We continue to actively work on securing regulatory approvals in key jurisdictions, including Ohio, Kentucky, and Illinois, among others.”
The post BETER secures supplier licence in Arizona appeared first on Americas iGaming & Sports Betting News.
2025 U.S. iGaming landscape analysis
Full regulation doesn’t kill offshore but cuts it by more than half, Blask data show
Legalization in the United States does not eliminate offshore gambling activity but dramatically reduces it. According to Blask’s 2025 U.S. iGaming landscape analysis, fully regulated states offering both online casino and sports betting see offshore market share drop to approximately 38% on average.
By contrast, betting-only states average around 74% offshore share, while unregulated states send 100% of their online gambling value offshore by definition. The data suggests a clear structural pattern: regulation significantly improves channelization — but it is not a binary switch.
National context: 77% offshore
Across all analyzed U.S. states, the national average offshore share stands at 79%, compared to 21% domestic. Even after more than a decade of state-level legalization, offshore platforms still capture the majority of U.S. online gambling value.
However, the distribution varies dramatically depending on the regulatory model.
Fully regulated states: majority domestic
States that have legalized both online casino and sports betting show the strongest domestic capture rates.
- New Jersey captures approximately 73% of its market domestically.
- Michigan captures roughly 75% domestically.
- Across fully regulated states, domestic share averages near 62%.
These markets demonstrate that when players have access to a full licensed product suite — including casino — a majority of value can be retained within the regulated ecosystem.
Betting-only states: structurally capped
The picture changes sharply in states that have legalized sports betting but not online casino.In these jurisdictions, offshore share averages around 74%. Examples illustrate the structural limitation:
- New York, the largest state market by CEB, sees roughly 61% of its value flow offshore.
Ohio shows an even more extreme split, with 82% of market value offshore.
In both cases, the absence of regulated online casinos pushes players seeking slots and table games toward unlicensed platforms. The data indicates that sports betting alone does not meaningfully channelize broader gambling demand.
Time matters
Even within fully regulated states, maturity plays a role. Rhode Island, one of the newest regulated markets, remains below the tipping point, with offshore share exceeding domestic. This suggests that channelization improves over time as licensed brands build product depth, customer trust, and brand equity.
Regulation sets the foundation — but market capture is gradual.
Regulation as a spectrum, not a switch
The U.S. model demonstrates that legalization reduces offshore participation substantially therefore cutting it by more than half in fully regulated environments compared to national averages. However, no U.S. state has fully eliminated offshore activity. For policymakers, the takeaway is pragmatic rather than ideological: full-spectrum regulation meaningfully shifts economic value onshore, but expectations of total elimination are unrealistic.
The debate is therefore no longer whether offshore exists, but how much of it can be practically reduced through comprehensive regulation.
The post Full regulation doesn’t kill offshore but cuts it by more than half, Blask data show appeared first on Americas iGaming & Sports Betting News.
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