One of Germany’s most recognisable sports betting brands, mybet, will be reintroduced to the country’s online market with a new sportsbook powered by Kambi. Due to the recent insolvency of its previous owner, MyBet Holding SE, mybet was withdrawn from the market in the fall of 2018 following 15 years of operation. However, the brand and digital assets have since …
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mybet targets €5 million investment with new issue of convertible bond
Frankfurt Xetra listed bookmaker mybet Holdings SE has issued a market statement detailing that it will look to raise €5 million (£3.5 million) in funds through the issue of new convertible bond. The funds will be used expand mybet’s existing marketing services and further the development of the operator’s new IT platform. mybet governance who issued a 2015 profit warning …
Read More »mybet back on track after improved 2014 performance
German sports betting operator mybet Holding SE reported a 6.1% revenue increase of €52.3 million (2013 – 49.3 million) for its 2014 financial performance (nine months through to 30 September). The operator’s improved performance had been driven by a 23% revenue increase to €30.1 million (2013 – €24.5 million) recorded in its sports betting division. Revenue from horse betting increased …
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