{"id":88,"date":"2024-06-13T12:22:08","date_gmt":"2024-06-13T09:22:08","guid":{"rendered":"https:\/\/comicplaynodepositbonus.icu\/2024\/06\/13\/bet-at-home-revenue-plummets-over-50-in-q1-2022-due-to-german-and-dutch-regulatory-hurdles\/"},"modified":"2024-06-17T13:22:42","modified_gmt":"2024-06-17T10:22:42","slug":"bet-at-home-revenue-plummets-over-50-in-q1-2022-due-to-german-and-dutch-regulatory-hurdles","status":"publish","type":"post","link":"https:\/\/comicplaynodepositbonus.icu\/2024\/06\/13\/bet-at-home-revenue-plummets-over-50-in-q1-2022-due-to-german-and-dutch-regulatory-hurdles\/","title":{"rendered":"Bet-at-home Revenue Plummets Over 50% in Q1 2022 Due to German and Dutch Regulatory Hurdles"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/hmVyT4L2gmY\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Online wagering platform, Bet-at-home, experienced a substantial revenue reduction exceeding 50% in the initial quarter of 2022. This decline is primarily attributed to legal obstacles encountered in the German and Dutch markets.<\/p>\n<p>The firm declared a 54% decrease in gross gaming revenue compared to the previous year, plummeting to \u20ac14 million (approximately $15 million) from \u20ac30 million.<\/p>\n<p>This sharp downturn is largely connected to the company&#8217;s withdrawal from the Netherlands in October 2021, following the implementation of updated gambling laws. Although Bet-at-home has sought a license to function within the newly regulated market pending authorization, the effect on earnings was considerable.  Revenue from internet betting alone shrunk from \u20ac13 million to a paltry \u20ac1.3 million.  Likewise, wagering volumes experienced a steep decline, falling by 75% to \u20ac126 million.<\/p>\n<p>Notwithstanding these challenges, CEO Marco Falchetto conveyed a positive outlook for the times ahead. He maintains that the steps taken by the organization will position it for renewed expansion. <\/p>\n<p>From the end of February in 2022, I&#8217;ve held a position on the leadership team. The knowledge and drive I&#8217;ve personally observed, spanning numerous disciplines, fills me with immense hope. I firmly believe we&#8217;re on the verge of genuinely revolutionary product innovations. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online wagering platform, Bet-at-home, experienced a substantial revenue reduction exceeding 50% in the initial quarter of 2022. This decline is primarily attributed to legal obstacles encountered in the German and Dutch markets. The firm declared a 54% decrease in gross gaming revenue compared to the previous year, plummeting to \u20ac14 million (approximately $15 million) from [&hellip;]<\/p>\n","protected":false},"author":94,"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 Revenue Plummets: Legal Hurdles Bite<\/title>\n<meta name=\"description\" content=\"Online betting platform, Bet-at-Home, saw a dramatic revenue drop, exceeding 50% in early 2022. 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