{"id":38,"date":"2024-06-11T20:06:27","date_gmt":"2024-06-11T17:06:27","guid":{"rendered":"https:\/\/vegas2web.icu\/2024\/06\/11\/bet-at-home-faces-significant-revenue-drop-in-early-2022\/"},"modified":"2024-06-12T10:37:07","modified_gmt":"2024-06-12T07:37:07","slug":"bet-at-home-faces-significant-revenue-drop-in-early-2022","status":"publish","type":"post","link":"https:\/\/vegas2web.icu\/2024\/06\/11\/bet-at-home-faces-significant-revenue-drop-in-early-2022\/","title":{"rendered":"Bet-at-home Faces Significant Revenue Drop in Early 2022"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/D5cXRk3c54U\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Austrian gaming firm, Bet-at-home, experienced a difficult beginning to 2022.  Their most recent earnings statement shows a substantial revenue reduction compared to the corresponding period last year.<\/p>\n<p>The corporation generated a mere \u20ac14 million in the initial quarter, a sharp 54% plunge from the \u20ac30 million acquired in the prior year. This decrease is primarily attributed to their internet gaming activities, which nosedived by nearly 90%. The sum of money gambled also took a steep decline, plummeting by a massive 75%.<\/p>\n<p>This slump resulted in a \u20ac1.4 million pre-tax deficit, a stark difference from the \u20ac7 million gain they relished the year before. In total, Bet-at-home went from a comfortable \u20ac4.4 million profit in the first quarter of 2021 to a \u20ac2.7 million deficit in the identical period this year.<\/p>\n<p>The business ascribes these financial setbacks to the constantly shifting regulatory environment, particularly in Germany and the Netherlands. Similar to many in the sector, Bet-at-home had to cease accepting Dutch participants when the Netherlands introduced its newly regulated market last October.  However, they are anticipating a recovery, having submitted an application for a license in March 2022.<\/p>\n<p>In spite of the obstacles, CEO Marco Falchetto maintains a hopeful outlook. He is confident that the measures they are implementing will guide Bet-at-home back to profitability. <\/p>\n<p>From the time I became part of the leadership team in late February of 2022, I have been incredibly impressed by the vast knowledge base we possess across various fields. This truly makes me confident that we can accomplish remarkable feats with our offerings going forward. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Austrian gaming firm, Bet-at-home, experienced a difficult beginning to 2022. Their most recent earnings statement shows a substantial revenue reduction compared to the corresponding period last year. The corporation generated a mere \u20ac14 million in the initial quarter, a sharp 54% plunge from the \u20ac30 million acquired in the prior year. This decrease is [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bet-at-home Revenue Plummets in 2022: What<\/title>\n<meta name=\"description\" content=\"Austrian gaming giant Bet-at-home reported a significant revenue decline in early 2022. What caused this sudden downturn, and can they recover? 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Dive into the details and discover the factors impacting their performance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vegas2web.icu\/2024\/06\/11\/bet-at-home-faces-significant-revenue-drop-in-early-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Secrets of Casino Success | Licensed &amp; Trusted\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T17:06:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:37:07+00:00\" \/>\n<meta name=\"author\" content=\"Tyler &quot;Tango&quot; Stewart\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tyler &quot;Tango&quot; Stewart\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/vegas2web.icu\/2024\/06\/11\/bet-at-home-faces-significant-revenue-drop-in-early-2022\/\",\"url\":\"https:\/\/vegas2web.icu\/2024\/06\/11\/bet-at-home-faces-significant-revenue-drop-in-early-2022\/\",\"name\":\"Bet-at-home Revenue Plummets in 2022: What\",\"isPartOf\":{\"@id\":\"https:\/\/vegas2web.icu\/#website\"},\"datePublished\":\"2024-06-11T17:06:27+00:00\",\"dateModified\":\"2024-06-12T07:37:07+00:00\",\"author\":{\"@id\":\"https:\/\/vegas2web.icu\/#\/schema\/person\/a0488a859643b1f4270c06c8a3432144\"},\"description\":\"Austrian gaming giant Bet-at-home reported a significant revenue decline in early 2022. 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