German gaming operator mybet has raised €1.86m through the issuing of new shares, just over half the amount it had originally targeted to pursue opportunities in the German sports betting market.
mybet’s board carried out a capital increase on the basis of a rights offering, placing 1,327,551 shares with its shareholders. As a result the capital stock of mybet Holding SE will rise from its current rate of €24.26m to €25.58m, raising gross proceeds of €1.86m.
The [...]