bet-at-home enjoys revenue hike in first three quarters

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Online operator bet-at-home has revealed a year-on-year increase growth in revenue across its betting and gaming services during the nine months through to September 30.

Gross betting and gaming revenue in the three-quarter period totalled €87.5 million ($94.1 million), up 8.4% on the €80.7 million posted at the same point last year.

Profit before income tax was up by 28.8% from €17.9 million to €23.1 million, while bet-at-home also noted that it was able to increase its workforce by 2.8% in the period.

Marketing expenses were also slashed by 21.5% from €34.2 million in the nine-month period last year to €26.9 million this year, due to additional activities for the Fifa World Cup national team tournament last year.

In a statement, bet-at-home said: “Gross betting and gaming revenue again increased and the bet-at-home.com AG Group implemented further efficiency measures to reduce expenditures.

Read more at igamingbusiness.com

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