Fast Track

bet-at-home widens Q1 profit as marketing expenses fall

7th May 2013 7:58 am GMT

Shares in BetClic Everest Group subsidiary bet-at-home.com rose by more than 7 per cent in Frankfurt yesterday after the company posted a 63 per cent improvement in net profit for the first quarter of 2013.bet-at-home.com said that the increase in profitability was a result of a planned reduction in its advertising expenses due to the lack of a major sporting event in the current financial year.Total betting and gaming turnover fell by 10 per cent [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.


Already a subscriber or registered user? Login

Skywind Group
Pragmatic Play