Bet-At-Home Reports Improved Profits

Online gaming and sportsbetting company Bet-at-home.com has reported a profit before tax of €11.6 million ($15.6 million) for the first nine months of 2013.

The figures, revealed in the company’s interim report for the end of the third quarter, mark a significant improvement of €13.7 million in comparison with the corresponding period last year.

Gross gaming revenue for the nine-month period reached €61.8 million, slightly under last year’s figure, but “efficiency improvements” in marketing and operating costs boosted the figures.

Marketing expense was cut by €15.1 million to €24.8 million year-on-year, although gross revenue remained flat.

In the first three quarters, gaming volume for Bet-at-home.com amounted to a total of €1.343bn, down 13.3% from €1.549 billion last year, with the company citing the lack of a major summer tournament this year following the Uefa Euro 2012 national football team competition last year.

Bet-at-home.com currently has almost 3.5 million registered customers.

bitcoin
Bitcoin (BTC) $ 67,634.12 0.48%
ethereum
Ethereum (ETH) $ 3,725.11 2.25%
tether
Tether (USDT) $ 0.999742 0.04%
bnb
BNB (BNB) $ 591.21 1.33%
solana
Solana (SOL) $ 165.47 2.20%
staked-ether
Lido Staked Ether (STETH) $ 3,723.07 2.40%
usd-coin
USDC (USDC) $ 1.00 0.05%
xrp
XRP (XRP) $ 0.517706 2.37%
dogecoin
Dogecoin (DOGE) $ 0.158463 3.94%
cardano
Cardano (ADA) $ 0.449859 2.87%
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)