German gaming firm Mybet Holding SE has warned of a higher than expected loss in earnings for the current financial year than previously disseminated.
mybet now expects EBIT for the current financial year to be negative by a single-digit million euro amount as the company feels the impact of the introduction of a new technology platform & the subsequent write-off of the existing one.
In addition, capital controls in Greece are proving a burden on the activities of mybet Holding SE as it is with others in the industry, a statement said.
The management board expects no further negative impact on earnings in the coming financial year.
source : www.casinos-online.co.uk
