bet-at-home.com achieves the highest EBITDA in the history of the company following the Football World Cup
In the third quarter of the financial year In 2018, the listed online betting and gaming provider bet-at-home.com a significant increase in earnings.
At one in comparison to the previous periods increased gross gaming and gaming revenue of 37.6 in the third quarter of 2018 In the months from July to September, the EBITDA reached millions of euros historical high of 13.0 million euros. Internationally designed Advertising campaigns around the FIFA World Cup 2018 in Russia from June 14 to July 15 contributed to the successful acquisition of new customers and Reactivation of existing customers.
On October 11, 2018 cracked the bet-at-home.com AG also registered the 5.0 million mark Customer. In the first three quarters of 2018, the cumulative EBITDA was 23.9 million Euro, whereby the listed online betting and gaming provider in the third quarter of the current financial year with an EBITDA of 13.0 million euros Could reach the highest level in the company’s history.
As a result of Increased marketing efforts in the second quarter of 2018 as part of the Football World Cup, the focus was in the third quarter of 2018 planned on the renewed increase in earnings by the successful acquisition of new customers in the context of the major sporting event.
Gross betting and gaming revenue was 37.6 in the third quarter of 2018 Million euros, this was 104.2 in the first three quarters of 2018 Million Euros. The betting and gaming volume covered the first three quarters the reporting period 2018 a total of 2,305.1 million euros.
“The historic high of EBITDA in the history of bet-at-home.com underpins the full success of the met Marketing measures in the context of the World Cup. After this the majority of marketing investments in fiscal year 2018 already in the first half of the year, the focus in the fourth quarter of 2018 the further expansion of profitability, “says the board of bet-at-home.com AG, Michael Quatember, on the course of business.