Schleswig Holstein-based gaming operator mybet Holdings has warned that it expects to post a higher operating loss than previously forecast, as a result of costs associated with the migration to its new technology platform and capital controls enforced on its operations in Greece.

mybet had originally expected to post negative earnings before interest and tax (EBIT) of €0.5m for the full 2015 year, but now expects this to increase to “a single-digit million Euro amount.”

Premium subscribers continue here to the full article.

Related