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mybet to file for insolvency as €4m tax bill looms

15th August 2018 7:43 am GMT

Frankfurt-listed gaming operator mybet is in the process of opening insolvency proceedings following the collapse of talks with a potential investor.

The company said that it has taken the decision due to imminent liquidity issues, with the insolvency application covering all three of its German group companies, including the holding company.

The decision follows two rounds of talks with potential investors. In March the company announced that it was in talks with a Maltese gaming operator regarding [...]

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