bet-at-home.com: Impact of the European Football Championship still being felt
With EBITDA of EUR 12.3 million in the third quarter of 2016, the listed online provider of sports betting and gaming recorded its best result since the company was founded in 1999. Overall, and taking into account increased marketing costs of
EUR 34.2 milliondue to the European Football Championship in France, the group generated EBITDA of EUR 21.3 million in the first three quarters.
Lacking a major sporting event, this key ratio was EUR 22.1 for the same period of 2015. Also pleasing was the 14.7 per cent increase in gross betting and gaming revenue to EUR 100.4 million.