Mybet Adjusts Forecast

Impacted by conditions in Greece and the introduction of a new platform

German gaming firm mybet Holding SE has warned of a higher than expected loss in earnings for the current financial year than previously disseminated.
mybet now expects EBIT for the current financial year to be negative by "a single-digit million euro" amount as the company feels the impact of the introduction of a new technology platform and the subsequent write-off of the existing one.
In addition, capital controls in Greece are proving a burden on the activities of mybet Holding SE as it is with others in the industry, a statement said.
The management board expects no further negative impact on earnings in the coming financial year.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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