pferdewetten.de AG
EMH.DE
Deutsche Börse2.68
EUR
+0.08
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pferdewetten.de AG
EMH.DE
(Deutsche Börse)
Recent
price
2.68
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- pferdewetten.de AG engages in the online and offline horse betting business primarily in Germany and internationally through its flagship platform pferdewetten.de and subsidiaries. The company offers fixed and variable odds betting on German gallop and trotting races as well as English, French, and other international horse races; sports betting via sportwetten.de; betting on dog races; retail sports betting operations through physical shops under licenses including sportwetten.de; and B2B services such as consulting and training for sports and horse betting implementation, server hosting, web development, video streaming, payment systems, content management, and shop solutions. Founded in 1997 and headquartered in Düsseldorf, Germany, pferdewetten.de AG, formerly known as Sportwetten.de AG, operates in the gambling and betting industry targeting individual bettors and B2B clients across Europe with expansion into Africa and Latin America. Recent developments include a September 2025 agreement with the bet3000 group for operational collaboration to manage additional retail betting shops; the strategic acquisition of Happybet to bolster its German betting presence; a successful subordinated capital increase in October 2025; bondholder approvals for amended terms on 2023 and 2024 convertible bonds in September and October 2025 respectively; a leadership change with Dr. Andreas Bonhoff assuming the supervisory board chairmanship in September 2025; and quarterly results in November 2025 confirming a business turnaround.