bet-at-home (BAH) is a long-established sports betting brand, successfully cross-selling into gaming. Against the tough backdrop of the 2018 World Cup and Swiss IP blocking (from July 2019), BAH reported an encouraging set of Q319 results and now has 5.2m customers. Regulatory risks remain high, as witnessed by the IP blocking in Switzerland but FY19 guidance continues to look conservative. The stock was affected by September’s announcement of increased taxes in Austria but the net cash
11 Nov 2019
bet-at-home - On target to reach top end of guidance
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bet-at-home - On target to reach top end of guidance
bet-at-home (BAH) is a long-established sports betting brand, successfully cross-selling into gaming. Against the tough backdrop of the 2018 World Cup and Swiss IP blocking (from July 2019), BAH reported an encouraging set of Q319 results and now has 5.2m customers. Regulatory risks remain high, as witnessed by the IP blocking in Switzerland but FY19 guidance continues to look conservative. The stock was affected by September’s announcement of increased taxes in Austria but the net cash