Bet-at-home reported its annual financial results which showed an unusually big growth in earnings.
According to EU gambling news, Bet-at-home reported great increase in the year-on-year earning throughout the 12 months of 2014. The online gaming and sport betting provider has increased their income from EUR 85. 6 million to EUR 107 million which is a significant growth of 25% compared to their stats from 2013.
The bookmaker’s earnings before taxes have also increased a lot. In the previous year, the sports betting provider made EUR 15.4 million but last year it went up by 78.2 % to EUR 27.5 million. The online gaming provider also enlarged the number of their staff members up to 264, which is 10% more than it was before.
Bet-at-home plans to achieve even better results this year
Online gambling sites in EU quote the words of the operator. “In the reporting period, the positive growth in gross gaming revenue, the effects resulting from the increased efficiency in marketing commenced in 2013 and continued in 2014 as well as reduced other operating costs all had clearly positive repercussions for the earnings growth of the bet-at-home.com AG Group.”
Then the betting company also declared that they expect to grow in the following year as well. “From the current perspective and if the regulatory framework remains unchanged in the 2015 financial year, the board of directors anticipates that the gross betting and gaming revenue will be slightly higher compared with the 2014 financial year.”