Gaming operator bet-at-home has warned its revenue could fall this year despite a rise of 13.3 per cent year-on-year in 2024 to €52.3m.
The company’s gross gaming and betting revenue climbed from €46.2m in 2023.
However, for 2025 the company has forecast revenues of between €46m and €54m, due to the impending increase in gaming tax in Austria.
Austrian authorities have approved a rise in the tax from two per cent to five per cent from April 1 this year.
Bet-at-home also said the absence of any major off-season sporting events, such as football’s European Championships, which took place in 2024, will impact its performance.
The company’s EBITDA before special items in 2024 hit €4.8m, up from €2.4m, and was above the forecasted range.
