# Financial developments of pferdewetten.de AG

> Live situation record from CLSTR: https://clstr.news/situations/financial-developments-of-pferdewettende-ag
> Updated: 2026-09-04T17:11:43.000Z. Sources: 2. Developments: 2.

In August 2026, German firms pferdewetten.de AG and Deutsche Payment A1M SE reported weak financial outlooks for 2025. pferdewetten.de AG projected an EBITDA loss between €3.5 million and €3.8 million due to special effects, though it anticipated a positive operating EBITDA in the first half of 2026. Deutsche Payment A1M SE faced an uncertain future following a failed capital increase and reported a provisional loss of approximately €1.2 million.

By September 2026, pferdewetten.de AG announced a capital increase of up to €5.83 million to fund the acquisition of sports betting shops across North Rhine-Westphalia, Hesse, and Rhineland-Palatinate. The company planned to issue up to 2.65 million new shares, supported by backstop commitments from shareholders. This move followed a record month in August for the company’s horse racing business, which saw net gaming revenue reach nearly €2.0 million.

## Timeline

### 2026-09-04: pferdewetten. de AG announces 5.83 million euro capital increase

pferdewetten. de AG is launching a 5.83 million euro capital increase starting September 7, 2026, to acquire sports betting retail locations and expand its market presence.

2 sources. https://clstr.news/cluster/pferdewetten-de-ag-announces-583-million-euro-capital-increase

### 2026-08-06: German firms pferdewetten.de AG and Deutsche Payment A1M SE project 2025 losses

German firms pferdewetten.de AG and Deutsche Payment A1M SE forecast 2025 EBITDA losses and face audit or financing issues.

3 sources. https://clstr.news/cluster/german-firms-pferdewettende-ag-and-deutsche-payment-a1m-se-project-2025-losses

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Cite as: Financial developments of pferdewetten.de AG. CLSTR, https://clstr.news/situations/financial-developments-of-pferdewettende-ag