DGAP-News: bet-at-home.com AG / Key word(s): Quarterly / Interim Statement 
bet-at-home.com AG: Group figures for the first quarter of 2021 
2021-05-03 / 10:00 
The issuer is solely responsible for the content of this announcement. 
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Düsseldorf, 3 May 2021 
Revenue development in the first quarter 2021: 
In addition to the award of national sports betting licenses since the fourth quarter of 2020, a significant step 
toward liberalization is also foreseeable in the product segment of online gaming in the core market of Germany with 
the new State Gambling Treaty, which comes into force in mid-2021. Accordingly, a national licensing system is also 
envisaged for online slots in addition to the sports betting product for the first time from July 1, 2021. In addition, 
it will be possible to open up the market for classic online casino games such as roulette and blackjack at the level 
of the federal states from this date. 
Since the fourth quarter of 2020, a transitional regulation has come into force, according to which those gaming 
providers will remain exempt from enforcement measures and sanctions that comply with the licensing regulations for 
online casinos imposed in the future as of this date. 
Although the implementation of these requirements lead to significant revenue losses in the online casino segment 
within the bet-at-home.com AG Group, the significantly increased legal certainty and the ability to plan the future 
development of bet-at-home as an established provider with considerable brand awareness in the core market of Germany 
outweigh this. 
Overall, gross betting and gaming revenue in Q1 2021 amounts to EUR 30.5 million, down 5.5% year-on-year (Q1 2020: EUR 
32.2 million). 
Earnings development in the first quarter 2021: 
At EUR 7.4 million, marketing expenses in the first quarter of 2021 are higher than in the same period of the previous 
year (Q1 2020: EUR 6.6 million) due to increased advertising and sponsoring activities. Corresponding to the 
regulatory-induced decline in sales in Germany, other operating expenses in particular were successfully reduced to EUR 
4.7 million (Q1 2020: EUR 5.2 million). 
Thus, EBITDA in the first quarter of 2021 is EUR 6.9 million (Q1 2020: EUR 9.0 million). 
Stable asset and capital structure: 
As a result of the contribution to earnings made in the current reporting period, Group equity increased to EUR 55.3 
million as of 31 March 2021 (31/12/2020: EUR 50.9 million), resulting in a consolidated equity ratio of 55.1% (31/12/ 
2020: 53.5%). 
The bet-at-home.com AG Group also held liquid assets and short-term time deposits in the amount of EUR 59.4 million as 
of 31 March 2021 (31/12/2020: EUR 56.8 million). 
 
Outlook for the fiscal year 2021: 
From the current perspective, the Management Board still expects a gross betting and gaming revenue between EUR 106 
million and EUR 118 million in the financial year 2021. Furthermore, the Management Board still expects EBITDA to 
amount between EUR 18 million and EUR 22 million for the financial year 2021. 
 
Group quarterly statement for the first quarter of 2021: 
The detailed Group quarterly statement can be downloaded on the Group's Investor Relations website at https:// 
www.bet-at-home.ag/en/finance/download. 
About bet-at-home: 
The bet-at-home.com AG Group is active in the domain of online sports betting and online gaming. With 5.4 million 
registered customers, the company (which is listed on the Frankfurt stock exchange) represents, together with its 
subsidiaries, one of the most successful gaming providers within the European Union. bet-at-home.com has companies in 
Germany, Austria, Malta and Gibraltar. The successful development of the company can be attributed to its 283 employees 
as at 31 March 2021. 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. 
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2021-05-03 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      bet-at-home.com AG 
              Tersteegenstrasse 30 
              40474 Düsseldorf 
              Germany 
Phone:        +49 211 17934 770 
Fax:          +49 211 17934 757 
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:  1191472 
 
End of News   DGAP News Service 
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1191472 2021-05-03


 
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May 03, 2021 04:01 ET (08:01 GMT)