bet-at-home published its H1 2026 report – see more details:

  • GGR (Gross Betting and Gaming Revenue) was of EUR 24.3m for the first half of 2026, down 4.0% from EUR 25.3m a year earlier. The bet-at-home H1 2026 results also showed negative EBITDA. Higher marketing spending weighed on the period.
  • Sports betting generated EUR 20.68m of GGR, down 7.1% from EUR 22.25m in H1 2025. Online gaming GGR increased 17.8% to EUR 3.63m from EUR 3.08m. This means betting accounted for around 85% of total GGR and gaming for 15% in H1 2026.
  • Net betting and gaming revenue was EUR 19.0m, compared with EUR 19.7m in H1 2025. bet-at-home mainly linked the decline to Austria raising its betting tax from 2% to 5% of stakes. The FIFA World Cup supported GGR during Q2 2026.
  • EBITDA fell to negative EUR 1.85m, after positive EUR 2.34m a year earlier. EBITDA before special items was negative EUR 0.70m, compared with EUR 3.02m. Special items mainly related to customer claims and legal cases.
  • Marketing expenses increased 26% to EUR 10.34m, from EUR 8.18m. The bet-at-home H1 2026 report points to TV and online advertising as well as World Cup promotions. Personnel expenses rose to EUR 4.48m.
  • For 2026, bet-at-home expects GGR of EUR 46m to EUR 54m. EBITDA before special items is forecast between EUR 0 and EUR 4m.

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