Despite witnessing year-on-year revenue growth in Q1 2025, bet-at-home AG has expressed concerns about the future gambling landscape in core markets.
The Germany-based online gambling and sports betting provider is particularly worried about regulatory developments in neighboring Austria.
Since the start of April, the country has enforced a new betting tax regime which introduced a 150% percentage increase from the previous 2% to a new 5% tax cap.
Sports betting, alongside online betting and generally any other type of gambling that involves stakes or wagers, falls within the new tax bracket, which the government says will increase public revenue and unlock additional revenue streams to combat illegal gambling.
