Hotels, Restaurants and Leisure
Company Overview of mybet Holding SE
mybet Holding SE, a financial holding company, operates in the gaming industry. It operates through Sports Betting, Casino & Poker, Horse Betting, and Other Operating segments. The Sports Betting segment operates as a bookmaker and sets odds on various kinds of sporting events from football and cycle racing to boxing. It offers a total of 30 sports throughout Europe on the mybet.com portal. The Casino & Poker segment provides a range of electronic table games, such as roulette, blackjack, and various card games, as well as online fruit machines; and poker tables. It also operates an online live casino. The Horse Betting segment provides online horse betting to approximately 29,000 registered...
Founded in 1998
Key Executives for mybet Holding SE
Chief Financial Officer and Member of Management Board
Total Annual Compensation: $76.0K
Compensation as of Fiscal Year 2014.
mybet Holding SE Key Developments
mybet Holding SE Revises Earnings Guidance for the Financial Year 2015
Sep 21 15
mybet Holding SE adjusts the previous LBIT forecast (maximum of EUR 0.5 million) and now expects EBIT for the current financial year 2015 to be negative by a single-digit million euro amount. Given present knowledge the management board expects that LBIT adjusted for the non-recurring effects will remain as planned at maximum EUR 0.5 million. The adjustment to the forecast is prompted on the one hand by the introduction of the new technology platform, meaning that the current platform will no longer be used, and a non-cash, non-recurring write-off in the amount of EUR 5.2 million will be taken. On the other hand the capital controls that remain in place in Greece are proving a burden on the industry and consequently also on the activities of mybet Holding SE. The company has taken measures to adjust to the new circumstances and to enable it to continue its activities in Greece successfully going forward. The Management Board consequently expects no further negative impact on earnings in the coming financial year.
mybet Holding SE Presents at ZKK Capital Market Conference 2015, Sep-09-2015 02:30 PM
Sep 7 15
mybet Holding SE Presents at ZKK Capital Market Conference 2015, Sep-09-2015 02:30 PM. Venue: Park Hyatt, Zurich, Switzerland.
mybet Holding SE Reports Earnings Results for the Second Quarter and Half Year of 2015
Aug 13 15
mybet Holding SE reported earnings results for the second quarter and half year of 2015. For the half year, the company reported revenue of EUR 36,293,000 compared to EUR 34,419,000 a year ago. EBITDA was EUR 472,000 compared to EUR 707,000 a year ago. LBIT was EUR 756,000 compared to EUR 361,000 a year ago. Net loss for the period was EUR 238,000 compared to EUR 534,000 a year ago. Loss per share was EUR 0.04 compared to EUR 0.04 a year ago.
For the second quarter, the company reported revenue of EUR 17,949,000 compared to EUR 17,926,000 a year ago. EBITDA was EUR 643,000 compared to LBIDTA of EUR 178,000 a year ago. EBIT was EUR 30,000 compared to LBIT of EUR 688,000 a year ago. Net Profit for the period was EUR 640,000 compared to net loss for the period of EUR 768,000 a year ago.
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