Michael Mubiru (Edison IR) interviews Franz Ömer (CEO of bet-at-home) following the company’s Q120 results.
They discuss the impacts of COVID-19 on gaming and sports betting, as well as updates on regulation and expansion into non-core markets. The company’s attractive liquidity position and dividends were also explored.
bet-at-home (BAH) is an established European online sports betting and e-gaming provider. It largely operates in grey markets that are characterised by strong cash flow. According to H2 Gambling Capital (H2GC), the European online sports betting and gaming market is expected to experience a 6.5% CAGR between 2018 and 2023 to c €33bn (pre COVID-19 impact). See latest research here.