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bet-at-home.com releases company figures for 2019

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– 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.

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Alex Malchenko Head of Sales at Evoplay

Evoplay enters Austria with win2day content deal

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The supplier’s titles, including The Greatest Catch and Hot Triple Sevens, are now live with Austria’s sole licensed online gambling operator.

Evoplay has entered the Austrian iGaming market through a partnership with win2day, the country’s sole licensed online gambling provider.

Under the agreement, a selection of Evoplay titles is now live on win2day, including The Greatest Catch and Hot Triple Sevens.

Alex Malchenko, Head of Sales at Evoplay, said: “Partnering with win2day is a defining moment for Evoplay as we continue to expand our European footprint. Austria is a highly regulated market, and win2day’s strong reputation makes it the perfect partner to integrate our games with.

“Titles like The Greatest Catch and Hot Triple Sevens have proven appeal with players across multiple markets already, and we’re confident they will resonate just as strongly with Austrian players.”

Georg Wawer, Managing Director of Austrian Lotteries and win2day, added: “As Austria’s sole licensed online gaming operator, maintaining the highest standards of quality, security and player protection is at the core of everything we do.

“We are pleased to welcome Evoplay to the win2day platform. Their strong track record of delivering engaging, high-quality content for regulated markets makes them an excellent fit for our offering. Together, we ensure that all titles meet our strict regulatory and responsible gaming standards. Evoplay’s portfolio will further enhance the safe, innovative and entertaining experience we provide to our players.”

The post Evoplay enters Austria with win2day content deal appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Alina Mihaela Popa Chief Commercial Officer at ICONIC21

ICONIC21 content goes live on Blue Ocean Gaming aggregator

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Deal adds ICONIC21 live casino, slots and RNG titles to Blue Ocean Gaming’s operator network of 140+ content providers.

ICONIC21 has signed a distribution agreement with Blue Ocean Gaming, making the supplier’s multi-vertical catalogue available through Blue Ocean Gaming’s operator network. The integration covers ICONIC21’s live casino, slots and RNG games.

Blue Ocean Gaming said its aggregation platform brings together content from more than 140 providers and offers operators a catalogue of more than 13,000 casino titles across categories including slots, live casino, virtual sports and sportsbook.

ICONIC21’s live casino line-up on the platform includes its Gravity Series game shows, including Gravity Wheel. ICONIC21 said Gravity Wheel keeps multipliers active on every spin and includes four multiplier symbols—Saturn, Moon, Comet and Sun—with the Sun multiplier offering wins of up to 1,000x.

The agreement also includes ICONIC21 slot titles such as Buffalo Wild Collection and Las Piggas, as well as RNG games including Chicken Run, Mines and Crash.

Commenting on the partnership, Alina Mihaela Popa, Chief Commercial Officer at ICONIC21, said: “Being distributed through a platform of this scale, alongside such a strong roster of providers, gives our content exceptional exposure and reach. What makes us proud is that our footprint keeps growing, and it keeps growing very quickly. Each new partnership is a reflection of our strength and potential, and Blue Ocean Gaming is a very meaningful addition to that journey.”

Dejan Jović, CEO at BlueOcean Gaming commented: “ICONIC21 is doing something truly exciting in the live casino space, raising the bar when it comes to player immersion and showmanship. Their ability to take classic table games and supercharge them with dynamic twists like the Gravity series adds a fantastic new layer of entertainment to GameHub. It’s exactly the kind of high-vibe, retention-driven content our operators look for to stand out in a crowded market, and we are thrilled to welcome them on board.”

The post ICONIC21 content goes live on Blue Ocean Gaming aggregator appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Amusnet

SkillOnNet rolls out Amusnet content on RegencyCasino.gr in Greece

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Expansion extends the companies’ existing deal to SkillOnNet’s Greek launch, including Golden Coins Link jackpots and multiple slot titles.

SkillOnNet has expanded its partnership with casino content supplier Amusnet by deploying the provider’s portfolio on its newly launched Greek operation, RegencyCasino.gr.

The rollout brings a selection of Amusnet slots to the RegencyCasino brand, including Shining Crown, 40 Super Hot, Shining Crown Buy Bonus and Burning Hot, alongside the supplier’s four-level progressive jackpot product Golden Coins Link.

SkillOnNet entered the Greek market in May through a partnership with Regency Entertainment, described by the companies as the country’s leading land-based casino operator, launching an online platform under the RegencyCasino brand.

Jani Kontturi, Head of Games at SkillOnNet, said: “Our Greek launch has been a huge success, and adding one of the industry’s biggest providers, particularly with its outstanding jackpot content, is going to take our player offering to a new level.

“Amusnet has been a trusted long-term partner, and we’re delighted to extend that relationship into Greece. It’s one of the biggest and fastest-growing online casino markets in Europe, and we’re excited to continue building on the fantastic momentum we’ve achieved since launching with RegencyCasino in May.”

Jelena Stankovic, Director at Amusnet Greece said: “Greece is one of Europe’s most dynamic regulated markets, where operators increasingly demand proven performance alongside great content. Extending our partnership with SkillOnNet allows us to bring our high-performing portfolio and jackpot products to an even wider audience through RegencyCasino.gr, and represents another important step in our long-term growth strategy for the market.”

The post SkillOnNet rolls out Amusnet content on RegencyCasino.gr in Greece appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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