{"id":72495,"date":"2026-05-14T06:40:52","date_gmt":"2026-05-14T06:40:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bet-at-home-q1-revenue-falls-16-after-choosing-tax-pass-through-path-rivals-refused\/"},"modified":"2026-05-14T06:40:52","modified_gmt":"2026-05-14T06:40:52","slug":"bet-at-home-q1-revenue-falls-16-after-choosing-tax-pass-through-path-rivals-refused","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bet-at-home-q1-revenue-falls-16-after-choosing-tax-pass-through-path-rivals-refused\/","title":{"rendered":"Bet-at-Home Q1 Revenue Falls 16% After Choosing Tax Pass-Through Path Rivals Refused"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bet-at-Home Q1 2026 GGR fell 16.1% to \u20ac11.34m after Austria tax pass-through started June 2025.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Sportsbook volume dropped \u20ac22m as competitors absorbed Austria\u2019s 5% betting tax instead.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Consolidated loss of \u20ac461K reverses \u20ac887K Q1 2025 profit in first post-Banijay quarter.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Austria Tax Pass-Through Costs Bet-at-Home Q1 Profit as Rivals Hold Pricing Steady<\/h2>\n<p>The German-headquartered operator\u2019s June 2025 decision to pass Austria\u2019s 3-percentage point betting tax increase, effective April 1, 2025, through to customers translated into the activity decline that <a href=\"https:\/\/www.bet-at-home.ag\/wp-content\/uploads\/2026\/05\/bet-at-home.com_Quartalsmitteilung_Q1_2026_eng_final.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Q1 numbers now confirm<\/a> as a 24.4% contraction in stakes.<\/p>\n<p>Several Austrian-licensed competitors took a different operational path on the same tax hike. iGamingBusiness <a href=\"https:\/\/igamingbusiness.com\/finance\/bet-at-home-warns-on-regulation-as-h1-revenue-stays-flat\/\" target=\"_blank\" rel=\"noopener noreferrer\">reported in September 2025<\/a> that bet-at-home\u2019s H1 2025 commentary already signaled the competitive risk, with the pass-through move risking erosion of competitiveness since several rivals had absorbed the increase themselves. Q1 2026 is the first full quarter in which the pass-through has applied across the entire Austrian market for bet-at-home customers, and the activity drop confirms the competitive disadvantage the H1 commentary anticipated.<\/p>\n<p>Q1 2026 is also the first earnings period since Banijay Group N.V. (<a href=\"https:\/\/group.banijay.com\/who-we-are\/\" target=\"_blank\" rel=\"noopener noreferrer\">the French entertainment-and-gaming conglomerate listed on Euronext Amsterdam<\/a>) sold its 53.9% controlling <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-staking\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stake<\/a> in bet-at-home on January 2, 2026, to focus on the integration of Banijay Gaming, the new sports betting and gaming unit formed by the merger of Betclic and Tipico Sportwetten in April this year.<\/p>\n<p>CEO Stefan Sulzbacher reiterated full-year 2026 guidance of \u20ac46m to \u20ac54m GGR with EBITDA before special items of up to \u20ac4m, pointing to the FIFA World Cup in June and July as an expected positive driver. The Q1 marketing budget of \u20ac4.49m \u2013 down 7.4% year-on-year \u2013 is being held back for World Cup-focused customer activity. Bet-at-home\u2019s outlook also faces Germany\u2019s Interstate Treaty on Gambling restrictions and <a href=\"https:\/\/sbcnews.co.uk\/sportsbook\/2025\/05\/15\/bet-at-home-q1-austria\/\" target=\"_blank\" rel=\"noopener noreferrer\">active Austrian discussions<\/a> about raising the betting tax further to 10%, which would place the country among the highest-taxed European jurisdictions.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bet-at-home-q1-revenue-falls-16-after-choosing-tax-pass-through-path-rivals-refused\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bet-at-Home Q1 2026 GGR fell 16.1% to \u20ac11.34m after Austria tax pass-through started June 2025. Sportsbook volume dropped \u20ac22m as competitors absorbed Austria\u2019s 5% betting tax instead. Consolidated loss of \u20ac461K reverses \u20ac887K Q1 2025 profit in first post-Banijay quarter. Austria Tax Pass-Through Costs Bet-at-Home Q1 [&hellip;]<\/p>\n","protected":false},"author":3947362403,"featured_media":72496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72495"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362403"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72495"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72496"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}