November 13, 2015
Having issued a 2015 profit warning in September, Frankfurt Xetra listed mybet Holdings recorded a 7% decline in group net revenues to €16.5 million for Q3 2015 (period ending 30 September). The European operator recorded revenue declines in all key verticals (apart from horse racing), as it posted net losses of -4.2 million for the period (Q3 2015 -€440,000). The …
Read More »September 22, 2015
Frankfurt Xetra listed bookmaker mybet Holdings SE, has issued a profit warning to the market stating that it expects to post a higher operating loss for its 2015 financial performance. Issuing a brief statement the operator detailed that it had broadened its EBIT forecast of -€500,000 to a negative single € million loss for 2015. The bookmaker led by new CEO Zeno …
Read More »April 10, 2014
The Higher Regional Court of Dusseldorf has ordered lottery operator Westdeutsche Lotterie (WestLotto) to pay Mybet Holdings damages of €11.5 million plus interest, as Mybet Holdings won its court hearing regarding its prevention to sell lottery goods in German supermarket chains and petrol stations. WestLotto a government licensed independent lottery supplier, had order an injunction to stop the operator from …
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