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Mybet has posted its 2014 FY report
Wednesday April 01,2015 : MYBET FULL YEAR BOOSTED BY SPORTS BETTING
2014 progress shows we are on the right track, says CEO.
The online gambling group Mybet has posted its 2014 FY report, noting that a strong performance from the sports betting division was an important contributor to a successful year.
Key metrics highlighted by the company included:
* Revenue up 5.1 percent at Euro 70.4 million;
* Sports betting revenues climbed to Euro 40.3 million (2013 FY: Euro 33.3 million);
* Online casino and poker revenues dipped to Euro 21.9 million (2013 FY: Euro 23.4 million);
* EBITDA of Euro 600,000, a recovery from 013's loss of Euro 11.3 million;
Chief executive officer Sven Ivo Brink reported that the company had introduced a large number of new products and features, including a loyalty card, betting terminals and new, improved mobile applications, and that better cost control had been implemented.
“The performance in 2014 shows that we are on the right track," he said, adding that Mybet expects to report revenues of between Euro 70 and Euro 75 million in 2015.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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