Mybet Sells Off Italian Operation

Via management buy-out

mybet Holding SE has sold off its loss making MYBET ITALIA S.R.L. entity by way of a management buy-out to the company's managing director Gianluca Torricelli.

The sale forms part of a restructuring process as mybet attempts to increase profitability by focusing clearly on core markets.

The consideration was undisclosed.

Online Casino News Courtesy of Infopowa

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