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mybet posts 2013 loss, to dispose of underperforming assets

28th March 2014 9:27 am GMT

Schleswig Holstein-based gaming operator mybet has failed to hit its revenue targets for 2013 despite lowering its full-year guidance in the third quarter of what the company described as a “deeply unsatisfactory” year for the business.

The operator saw group revenue decline 2.5 per cent year-on-year to €67m, below the revised full-year guidance of €70 to €75m.

Full-year 2013 revenue (€)

The sale of the company’s JAXX lottery platform resulted in [...]

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