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Higher marketing costs lead bet-at-home to H1 loss

13th August 2012 9:28 am GMT

BetClic Everest Group subsidiary bet-at-home.com has reported a 28 per cent increase in net gaming revenues to €19.4m (US$23.8m) for the second quarter of 2012, with a significant increase in marketing expenses in the run-up to Euro 2012 leading the company to a net loss during the period.

Betting and gaming turnover rose by 28 per cent to €561.5m during the quarter, which the company said was due mainly to the European Football Championships in Poland [...]

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