Brief: Bet-At-Home Lowers FY EBITDA Forecast To EUR 8-10 Mln

bet at home com AG

20/07/2021 07:29

July 20 (Reuters) - BET-AT-HOME.COM AG  ARTG.DE :
    * SAID ON MONDAY IT ADJUSTS REVENUE AND EARNINGS GUIDANCE
FOR
FISCAL YEAR 2021
    * LOWERS FY EBITDA FORECAST TO EUR 8-10 MILLION (PREVIOUS:
EUR
18-22 MILLION)
    * LOWERS OUTLOOK FOR FY GROSS BETTING AND GAMING REVENUE TO
EUR
100-110 MILLION (PREVIOUS: EUR 106-118 MILLION)
    * UPCOMING IMPLEMENTATION OF CROSS-PRODUCT MONTHLY BETTING
LIMITS
FOR ONLINE SPORTS BETTING LIKELY TO LEAD TO FURTHER REVENUE
LOSSES IN GERMANY IN COMING MONTHS

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

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