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Additional tax burdens fail to dent bet-at-home.com growth

5th May 2015 7:58 am GMT

Betclic Everest Group subsidiary bet-at-home.com has reported a 7 per cent increase in net gaming revenue to €23.4m for the first quarter of 2015, despite additional tax burdens negatively impacting results during the period.

Amounts wagered in betting and gaming rose 19 per cent to €587.5m compared to the previous year, with gross betting and gaming revenue climbing 13 per cent to €28.4m.

Betting fees and gambling levies were up 6 per cent to €3.5m, with new VAT [...]

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