bet-at-home’s (BAH’s) Q320 results showed a strong increase in EBITDA of 27% whereas revenue continued to be affected by prior regulatory changes. After many years of uncertainty (and confusion), new regulations in Germany effective from July 2021 and transition regulations effective from the middle of October 2020 will broadly halve expectations for EBITDA next year. Despite the favourable award of a nationwide online sports betting licence to BAH, new restrictions to protect players, for examp ....
12 Nov 2020
bet-at-home - German regulation less favourable
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bet-at-home - German regulation less favourable
bet-at-home’s (BAH’s) Q320 results showed a strong increase in EBITDA of 27% whereas revenue continued to be affected by prior regulatory changes. After many years of uncertainty (and confusion), new regulations in Germany effective from July 2021 and transition regulations effective from the middle of October 2020 will broadly halve expectations for EBITDA next year. Despite the favourable award of a nationwide online sports betting licence to BAH, new restrictions to protect players, for examp ....