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mybet returns to profit after successful turnaround in 2014

31st March 2015 7:19 am GMT

Germany’s mybet Holding has reported a 5 per cent increase in revenue to €70.4m for the full 2014 year, following a strong performance from its sports betting and horse race betting operations.

The company said that by focusing on its core business, it was able to offset the loss of revenue from the deconsolidation of the Spanish DIGIDIS subsidiary and its exit from lottery operations.

“We increased both our revenue and earnings as planned in 2014,” said [...]

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