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mybet turnaround underway as 2014 profit forecast raised

13th November 2014 12:40 pm GMT

Efforts by the management board of German gaming operator mybet to return the business to growth have begun to show signs of success with the company posting a 6 per cent increase in revenue for the first nine months of 2014.

Consolidated revenue for the first three quarters of the year was up from €49.3m in 2013 to €52.3m, though this percentage more than doubles to 12.4 per cent after adjustment for the revenue effect of [...]

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