{"id":6468,"date":"2022-08-18T00:00:00","date_gmt":"2022-08-18T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/europe\/online-betting-in-europe-this-what-regulatory-challenges-affect-companies\/"},"modified":"2022-08-18T00:00:00","modified_gmt":"2022-08-18T00:00:00","slug":"online-betting-in-europe-this-what-regulatory-challenges-affect-companies","status":"publish","type":"europe","link":"https:\/\/www.mundovideo.com.co\/en\/europe\/online-betting-in-europe-this-what-regulatory-challenges-affect-companies\/","title":{"rendered":"Online betting in europe, This what regulatory challenges affect companies"},"content":{"rendered":"<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Bet-at-home has reported its Q2 results, showing the continued impact of regulatory challenges in Germany. <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Having already wound up its Austrian division due to legal cases, Bet-at-home took the decision to permanently leave the British market last month following the suspension of its Gambling Commission license.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The operator reported a profit of &euro;10.6m for Q2 due to a windfall from the winding-up of its Malta-based Austria-facing operations. But with its operations now limited to Germany, revenue continued to fall. Gaming revenue fell to &euro;26.7m, down from &euro;32.8m in the same period last year. EBIDTA for H1 was &euro;1.1m, down from &euro;6.1m in H1 2021.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Bet-at-home is to leave its in-house gaming platform in favour of a turnkey managed services solution from EveryMatrix, a move that it expects to improve its financial situation next year. It&rsquo;s laying off 45 of its 168 staff.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Meanwhile, the company&rsquo;s owner, Betclic Everest, has merged with TV producer Banijay to form FL Entertainment with the intention of going public. Monte-Carlo SBM International (SBM) has transferred its 47.3 per cent stake in Betclic Everest to the new media and betting conglomerate.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">FL Entertainment will merge with the Euronext Amsterdam-listed special purpose acquisition company (SPAC) Pegasus Entrepreneurial Acquisition Company Europe. The combined business will specialize in pan-European sports betting via Betclic and television via Banijay.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">No Copyright infringement intended. Video\/Photo Unknown Direct for credits\/issue or text us +57 3606412 &#8230; | Respect to Photographers &amp; Influencers<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Having already wound up its Austrian division due to legal cases, Bet-at-home took the decision to permanently leave the British market last month<\/p>\n","protected":false},"author":1,"featured_media":6469,"menu_order":410,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[3663,3664,654],"class_list":{"0":"post-6468","1":"europe","2":"type-europe","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-betclick","8":"tag-europe-sport-betting","9":"tag-operator","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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