DGAP-Adhoc: bet-at-home.com AG: bet-at-home.com Group loses legal dispute in Switzerland over network blocks / Forecast adjusted

2022. június 27., hétfő, 20:47





DGAP-Ad-hoc: bet-at-home.com AG / Key word(s): Legal Matter/Change in Forecast


bet-at-home.com AG: bet-at-home.com Group loses legal dispute in Switzerland over network blocks / Forecast adjusted


27-Jun-2022 / 20:47 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




bet-at-home.com Internet Limited, Malta, a subsidiary of bet-at-home.com AG (hereinafter also the "Company"), has so far also offered online sports betting in Switzerland. The Intercantonal Gaming Authority Gespa had issued a blocking order (network blocking) against the offer, against which an appeal was filed. The Swiss Federal Supreme Court has now rejected the appeal in the last instance.


After discussion with the legal advisors of the bet-at-home.com Group, the Management Board decided to close the access from Switzerland.


The Executive Board had previously expected gross betting and gaming revenue of between EUR 50 million and EUR 60 million and EBITDA of between EUR -2 million and EUR 2 million for the 2022 financial year. Due to various recent adverse legal and regulatory developments (see also ad hoc announcement of 3 June 2022), the Executive Board now expects the Group"s gross betting and gaming revenue for the 2022 financial year to be between EUR 45 million and EUR 50 million and EBITDA between EUR -2 million and EUR -4,5 million.


About bet-at-home

The bet-at-home.com AG Group is active in the domain of online sports betting and online gaming. With about 5.6 million registered customers, the company (which is listed on the Frankfurt stock exchange) represents, together with its subsidiaries, one of the most popular gaming providers within the European Union. bet-at-home has companies in Germany, Austria, Malta and Gibraltar. The Group holds various licenses via its Maltese companies for online sports betting and online gaming. The licenses allow the company to organize and market online sports betting and online casinos. Since 2009, bet-at-home.com AG has been a part of the Betclic Everest SAS Group, which is a leading French Group in the domain of online sports betting and online gaming. bet-at-home is certified according to ISO/IEC 27001:2013 for all Group companies in Germany, Austria and Malta.


Contact

Investor Relations

+49 211 545 598 77

ir@bet-at-home.com

www.bet-at-home.ag








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Language: English
Company: bet-at-home.com AG

Tersteegenstrasse 30

40474 Düsseldorf

Germany
Phone: +49 211 545 598 77
Fax: +49 211 545 598 78
E-mail: ir@bet-at-home.com
Internet: www.bet-at-home.ag
ISIN: DE000A0DNAY5
WKN: A0DNAY
Listed: Regulated Market in Frankfurt; Regulated Unofficial Market in Berlin, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1384929





 
End of Announcement DGAP News Service




1384929  27-Jun-2022 CET/CEST







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