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bet-at-home.com posts 9% drop in first half revenue

1st August 2023 9:49 am GMT

Frankfurt-listed bet-at-home.com has reported a 9 per cent fall in gross betting and gaming revenue to €24.2 million for the first six months of 2023.

The year-on-year decline was primarily attributed to the company’s core German market, as well as a weaker than expected performance from its online gaming offering.

bet-at-home reduced personnel expenses by 39 per cent to €4.7 million following two restructuring programs implemented last year, while marketing expenses fell 5 per cent to €5.5 [...]

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