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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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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