• croatiantimes.com
• romaniantimes.at
• salzburgtimes.at
• viennatimes.at
• austrianindependent.com

Today

• Vienna - VESCC English Catholic Mass
• Vienna - Unknown Underground
• Vienna- January and February at the Austrian Film Museum
• Vienna - Art by Petronilla Hohenwarter.
• STOMP at the MuseumsQuartier

04. 03. 10. - 12:00

• more Business news
• RSS Feed Business

04. 03. 10. - 12:00

Bet-at-home.com reports good results

Betting platform bet-at-home.com reported good results for 2009 yesterday (Weds), and predicted it would do even better in 2010.

The firm said its turnover had increased by 37.5 per cent year on year to 927.2 million Euros in 2009, and after-tax profit rose from 0.71 million Euros in 2008 to 2.65 million Euros in 2009.

The firm added that significantly higher outlays for advertising amounting to 31.04 million Euros last year had strengthened its position in many countries and resulted in an increase in customers to 1.8 million.

It reckoned on increased growth in 2010, especially because of 2010 World Cup in South Africa.

Rival online betting platform bwin reported last month that its net revenue had risen by 2.3 per cent year on year to 373 million Euros in 2009.

Gross revenue increased by 6.1 per cent year on year to 446.6 million Euros, but the increase would have been only 2.8 per cent without the contribution made by Italian online poker platform Gioco Digitale, which bwin acquired.

Earnings before interest, taxes, depreciation and amortization (Ebitda) amounted to 100 to 105 million in 2009, lower than the 110 million the firm had expected. The number of bwin’s customers rose from 2.1 million in 2008 to 2.4 in 2009.

Bwin will be included in the Dow Jones Stoxx 600 Index as of 22 March 2010.

Austrian Times

Related articles: business boom

1. Austria registers decrease of business bankruptcies

   » Travel 2012-02-08

   The number of Austrian business bankruptcies is in decline despite increasingly difficult economic circumstances in Europe.

2. Austria registers decrease of business bankruptcies

   » Business 2012-02-08

   The number of Austrian business bankruptcies is in decline despite increasingly difficult economic circumstances in Europe.

3. Satek snatches Zielpunkt

   » Business 2012-02-08

   A German businessman has taken over Zielpunkt.

more related articles tagged "business boom"

Set up tax on financial transactions soon, says Katzian
The head of the Association of Private Employees (GPA-djp) has called for a quick introduction of a tax on financial transactions.

Pühringer rejects U-turn on rightist ball
Young Social Democrats (SPÖ) have appealed to Upper Austrian Governor Josef Pühringer not to attend the Burschenbundball in Linz this Saturday.

FPÖ under fire after trip to Grozny
The Freedom Party (FPÖ) has been harshly criticised for meeting with Chechen President Ramzan Kadyrov.

WKO boss wants pension age hike incentives
Federal Economy Chamber (WKO) President Christoph Leitl has identified attempts to raise the average retirement age as the key issue regarding Austria’s budget.

Woman and child run over in Vienna
A woman and child have died in a road accident in Vienna, Austria. The lorry driver was making a right turn when he drove into a group of pedestrians leaving a 59-year-old and a 12-year-old dead. The mother of the school girl was left with serious injuries.

Schlecker says Austrian jobs are safe
The son of Schlecker founder Anton Schlecker has claimed that the company has no plans to sell its Austrian affiliate.

SPÖ sees smaller parliament as key signal
The general secretary of the Social Democrats (SPÖ) has argued his support for a reduction of the size of the parliament.

Austrian food to feature in organic trade fair
Austria is expected to be well represented at next week’s BioFach 2012 international organic trade fair in Nuremberg, Germany. Some 90 companies and organisations from the Austrian organic good sector will feature at the fair from 15 to 18 February.

Brothel for the homeless in Vienna
Homeless people are queueing up for free rooms in an Austrian brothel after owner Peter Laskaris said it would be unfair not to do everything he could during the current cold spell.

Deep-freeze snacks for orangutans in Schönbrunn
The lucky orangutans who take up residence in Europe’s oldest zoo have been indulging in a twice weekly take-away. Despite the trees in Schönbrunn Zoo in Vienna, Austria now being completely bare the fury friends have fresh branches and leaves delivered twice a week.