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Continuing struggles see mybet slash full year forecast by €16m

27th October 2016 10:57 am GMT

Frankfurt-listed betting and gaming operator mybet Holdings has warned that it expects full year revenue to be €16m lower than previously expected.

After a difficult period for the company during the first half of the year, mybet said that Q3 showed a "continuation of the negative trend in revenues from the previous quarters."

As a result the company expects revenue for the first nine months of 2016 to be around €35m, which represents a year-on-year decline of 34 [...]

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