Login/Register
NetEnt
NetEnt
Playtech
BigTimeGaming

Platform investment hits mybet Q3 earnings as key verticals struggle

12th November 2015 9:06 am GMT

Germany’s mybet Holding has reported a €4.0m operating loss for the third quarter of the year, due to the company’s investment in its new Amelco UK-designed IT platform, as well as decline in revenue from its sports betting and casino verticals.

Total revenue for the quarter fell 6.7 per cent year-on-year to €16.7m, with 41 per cent growth in the horse racing betting vertical unable to offset declines in sports betting and casino, [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Oryx Gaming
Pragmatic Play
Skywind Group
Digitain
Playtech
BigTimeGaming