{"id":158,"date":"2024-06-17T10:35:22","date_gmt":"2024-06-17T07:35:22","guid":{"rendered":"https:\/\/kudoscasinonodepositbonus.icu\/2024\/06\/17\/bet-at-home-reports-significant-revenue-decline-in-q1-earnings\/"},"modified":"2024-06-20T17:11:45","modified_gmt":"2024-06-20T14:11:45","slug":"bet-at-home-reports-significant-revenue-decline-in-q1-earnings","status":"publish","type":"post","link":"https:\/\/kudoscasinonodepositbonus.icu\/2024\/06\/17\/bet-at-home-reports-significant-revenue-decline-in-q1-earnings\/","title":{"rendered":"Bet-at-home Reports Significant Revenue Decline in Q1 Earnings"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/0re_Ea8QEpI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A prominent internet gaming platform, Bet-at-home, recently published its earnings statement for the first quarter, and the figures are concerning.  Income has been diminished by fifty percent in contrast to the corresponding period last year.<\/p>\n<p>The business declared total gaming proceeds of \u20ac14 million (approximately $15 million), a substantial 54% decrease from the \u20ac30 million generated in the first quarter of 2021.<\/p>\n<p>The internet casino division experienced the most significant impact.  While it yielded \u20ac13 million in the initial quarter of the previous year, this year it only produced \u20ac1.3 million, a 90% decline. The aggregate sum wagered also plunged by 75%, from \u20ac515 million to \u20ac126 million.<\/p>\n<p>These financial setbacks are apparent in the company&#8217;s overall earnings (or absence thereof).  In the first quarter of 2021, Bet-at-home announced a profit of \u20ac4.4 million.  This year, they disclosed a deficit of \u20ac2.7 million.<\/p>\n<p>What transpired?  The corporation attributes the downturn to regulatory hurdles in Germany and the Netherlands, specifically the Netherlands&#8217; resolution to establish a novel regulatory framework for internet gaming that came into force last October.  Similar to numerous operators, Bet-at-home was compelled to cease accepting players from the Netherlands while awaiting licensure.  The corporation did tender its application at the close of March and is hopeful of its endorsement.<\/p>\n<p>Notwithstanding these obstacles, CEO Marco Falchetto maintains a positive outlook. &#8220;Although the preceding year has presented difficulties, I possess confidence in the times ahead and trust that Bet-at-home is progressing favorably and that the actions and endeavors undertaken will yield positive outcomes,&#8221; he stated. <\/p>\n<p>From my initial involvement, I&#8217;ve been incredibly impressed by the immense skillset present throughout the organization. We possess the necessary capabilities to create exceptional offerings, and I&#8217;m enthusiastic to witness us achieve our utmost capacity. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent internet gaming platform, Bet-at-home, recently published its earnings statement for the first quarter, and the figures are concerning. Income has been diminished by [&#8230;]<\/p>\n","protected":false},"author":72,"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 Earnings Plummet: Q1 Profits Down 50%<\/title>\n<meta name=\"description\" content=\"Yikes! 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