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MarketScreener Homepage  >  Equities  >  Xetra  >  Bet-at-home.com AG    ACX   DE000A0DNAY5

BET-AT-HOME.COM AG

(ACX)
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bet-at-home.com AG: bet-at-home receives nationwide sports betting concession for Germany

11/02/2020 | 02:18pm EST

DGAP-Ad-hoc: bet-at-home.com AG / Key word(s): Legal Matter
bet-at-home.com AG: bet-at-home receives nationwide sports betting concession for Germany

02-Nov-2020 / 20:18 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.


The Regional Council in Darmstadt granted the application of bet-at-home.com Internet Ltd. for a nationwide concession for sports betting in Germany on November 2, 2020.

Most essential conditions:

  • monthly betting limit of EUR 1,000 per customer, which can be increased to EUR 10,000 and to EUR 30,000 for a limited number of customers, provided certain criteria are met and certain loss limits are observed
  • a betting program coordinated with the authorities
  • provisional deposit limits until customer verification processes are completed
  • connection to databases (central player lock database, safe server)
  • inclusion of certain player protection requirements by the concession holder


"We are very pleased that bet-at-home is now one of the concession holders in Germany", says Franz Ömer, CEO of bet-at-home.com AG.
 

About bet-at-home:

The bet-at-home.com AG Group is active in the domain of online gaming and online sports betting. With 5.3 million registered customers, the company (which is listed on the Frankfurt stock exchange) represents, together with its subsidiaries, one of Europe's most successful online betting and online gaming providers. The varied options offered on www.bet-at-home.com include sports betting, poker, casino, games and virtual sports. bet-at-home has companies in Germany, Austria, Malta and Gibraltar. The successful development of the company can be attributed to its 288 employees as at 30 June 2020. The Group holds various licenses via its Maltese companies for online sports betting and 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 gaming and sports betting.

 

Contact:
Klaus Fahrnberger
Head of Investor Relations
+49 211 179 34 770
ir@bet-at-home.com
www.bet-at-home.ag


02-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: 1144871

 
End of Announcement DGAP News Service

1144871  02-Nov-2020 CET/CEST

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Sales 2020 103 M 125 M 125 M
Net income 2020 21,6 M 26,3 M 26,3 M
Net cash 2020 54,5 M 66,3 M 66,3 M
P/E ratio 2020 11,8x
Yield 2020 7,89%
Capitalization 255 M 311 M 310 M
EV / Sales 2020 1,95x
EV / Sales 2021 2,03x
Nbr of Employees 288
Free-Float 99,0%
Chart BET-AT-HOME.COM AG
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Technical analysis trends BET-AT-HOME.COM AG
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 45,50 €
Last Close Price 36,35 €
Spread / Highest target 37,6%
Spread / Average Target 25,2%
Spread / Lowest Target 12,8%
EPS Revisions
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NameTitle
Franz Ömer Co-Chief Executive Officer
Michael Quatember Co-Chief Executive Officer
Martin Arendts Chairman-Supervisory Board
Jean-Laurent Nabet Member-Supervisory Board
Isabelle Andres Members-Supervisory Board
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