Bet-at-Home will stop offering its online casino product to Austrian customers, after determining that continuing to do so “would lead to a steadily increasing risk potential that appears indefensible overall” due to legal questions.

From a company press release announcing the decision:

The AG Group still considers the online casino (de facto) monopoly of the national Austrian gambling regulation to be contrary to European law and accordingly considers itself to be a lawful online casino provider in Austria. Not least due to the necessity derived from the current European Court of Justice case law of a recurring review also by the Austrian courts, which in the opinion of the AG Group is currently not taking place to the required extent, the AG Group has so far assumed a positive development of case law, in particular at the higher courts in the appeal instances, until the end of the first half of 2022.

However, due to a recent decision by the Austrian Supreme Court, it is now unclear whether the AG Group will be able to enforce its legal opinion in Austrian courts in the foreseeable future.

The Management Board therefore decided today in a joint meeting with the Supervisory Board and with its approval to temporarily discontinue the online casino offering in Austria in a timely manner. This is because, although the AG Group also assumes that its actions are lawful under European law and that the lawsuits are also inadmissible under civil law, the continuation of the online casino offering in Austria before final legal clarification over a period of time that is currently no longer foreseeable would lead to a steadily increasing risk potential that appears indefensible overall. The decision on any resumption of the online casino offering in Austria will be made in the future depending on the development of the legal framework
Bet-at-Home also announced new revenue expectations of as much as €98 million, down from €100m-€110m expected after the operator’s H1 results.

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