Brief: Bet-at-home.com Winding up Maltese Group Company

bet at home com AG

22/12/2021 13:51

Dec 22 (Reuters) - BET-AT-HOME.COM AG  ARTG.DE :
    * WINDING UP OF A MALTESE GROUP COMPANY
    * MANAGEMENT BOARD AND SUPERVISORY BOARD HAVE CONCLUSIVELY
(TOGETHER WITH ITS ADVISORS) ANALYZED SITUATION AND DETERMINED
THAT IT IS NOT POSSIBLE FOR MALTESE BET-AT-HOME.COM
ENTERTAINMENT LTD. TO CONTINUE AS A GOING CONCERN
    * IT IS STILL NOT FORESEEABLE THAT ONLINE CASINO WILL BE
OFFERED
AGAIN IN AUSTRIA IN NEAR FUTURE
    * PLAYER BALANCES OF CUSTOMERS ARE IN NO WAY AFFECTED BY
WINDING
UP OF BET-AT-HOME.COM ENTERTAINMENT LTD.
    * BET-AT-HOME.COM AG DOES NOT EXPECT WINDING-UP OF
BET-AT-HOME.COM
ENTERTAINMENT LTD. TO HAVE ANY MATERIAL IMPACT ON GROUP'S
ONGOING BUSINESS ACTIVITIES
    * AS A CONSEQUENCE OF THIS PROCEDURE, MANAGEMENT BOARD IS
EXPECTING THAT THIS WILL ULTIMATELY RESULT IN A DECONSOLIDATION
OF THIS MALTESE ENTITY FROM BET-AT-HOME.COM AG GROUP FINANCIALS

Source text for Eikon:  ID:nEQ5dHmJBa 
Further company coverage:  ARTG.DE 

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