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mybet to post higher operating loss after one-off costs impact

22nd September 2015 7:57 am GMT

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.”

This is a result of a number [...]

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