Tag Archives: Sven Ivo Brinck

mybet confirms resignation of Zeno Ossko as CEO

Frankfurt Xetra-listed betting operator mybet Holdings SE (mybet) has confirmed that Chief Executive Officer Zeno Ossko has stepped down from leadership of the company. Ossko will officially depart mybet on 31 August, with CFO Markus Peuler taking on combined leadership responsibilities on an interim basis. Ossko’s decision to resign as CEO, ends a ten-year career with the German sports betting …

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Decreased player activity & margin impacts hinder mybet H1 2015 performance

A decline in player activity has impacted German sports betting operator mybet SE H1 2015 performance. Issuing a corporate update (period ending 30 June), the operator would record a 5.5% increase in group revenues to €36.3 million (H1 2014 – €34.4 million). The increase in group revenues did not translate to positive earnings and profits performance which saw the operator …

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Sven Ivo Brinck quits as CEO of mybet

The governance of European sports betting operator mybet SE Holdings, has accepted the resignation of CEO Sven Ivo Brinck. Brinck will depart from the operator at the end of the month and will be replaced by Zeno Ossko, current Director of Business Development and Commercials. Ivo Brinck had been appointed CEO of mybet in December 2013 replacing Mathias Dahms. As …

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Margin impacts hit mybet Q1 2015 performance

Reporting on its Q1 2015 opening, European Sports betting operator mybet recorded a slight year-on-year rise in revenues to €18.3 million. The operator revealed that due to player margin impacts in February and March, mybet’s improvements in product wagering and efficiencies had not been reflected in the operators revenues and earnings. Company governance was pleased with the operator’s solid start …

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mybet feels positive for 2015 as operator undergoes 2014 turnaround

The governance of European sports betting operator mybet Holdings has stated that it will continue to focus on repositioning its company within the European sports betting and igaming markets. Reporting on its full year 2014 performance, governance maintained mybet Holdings had performed a ‘turnaround’ in 2014 with corporate revenues up 8% to €70.4 million (FY 2013: €65 million ). Having …

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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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mybet appoints Markus Peuler as CFO

mybet Holdings has announced the appointment of Markus Peuler as Chief Financial Officer. 42 year old Peuler will take over as CFO of mybet, on 15 November Peuler will consequently be supporting CEO Sven Ivo Brinck, who has been covering the position since January 1, 2014. Markus Peuler has worked in the digital industry for over ten years. After various …

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mybet continues restructuring with Italian sale & UK exit

mybet Holdings, holding company of mybet.com have completed a further round of  corporate restructuring with the announcement of the operators exit from the UK betting market and the sale of its Italian business division. This week, the German operator issued a statement to players and media partners that it would no longer be accepting UK wagers on its products. mybet …

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mybet sells off Spanish business division

German based European igaming and sports betting operator mybet have announced the sale of its Spanish business division to Digidas SL, for a reported fee of €275,000. Senior management chose to close operations in the region and sell off the division assets , in order to recover from €5.4 million (£4.3 million) losses posted in 2013. mybet senior management confirmed …

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