MyBet Shuts Down Online Poker Business

Written by :

Guest

Published on :

27 June, 2016

Malta-based MyBet has announced the abrupt closure of its online poker business as a result of its efforts to focus on improved betting and casino games.

Ad: Open an Online Betting Account Today at Gambling911 Endorsed AceSportsbook. Receive Hundreds of Dollars in Signup Bonuses Here

Last year the company generated €1 million ($1.1 million) in revenue from its poker platform. Mybet’s total revenue for the year was €63 million.

Zeno Osskó, chief executive of mybet, said: “The poker business contributed with only a minor share to our revenue and delivered virtually no contribution to the operating result of the group.

“In addition, we do not see a sufficient growth potential in this area to support the operational turnaround in the short term.

“From our point of view, continuing our poker offering was not expedient, especially in the light of the upcoming introduction of the new mybet platform.”

MyBet’s online poker business will cease operating effective June 30.

- Ace King, Gambling911.com

Rivers Casino Schenectady October 2026 Promos, Events

This month’s highlights include a chance to win cash every Saturday during the Spooky Spins Slot Tournament.

Fort Myers Newspaper Promoting Sweepstakes Casinos Despite AG Crackdown on Reddit, Other Social Media Platforms

Florida's Attorney General, James Uthmeier, this week sent letters to Reddit, Snap and TikTok demanding they stop carrying ads for sweepstakes casino websites. He has given the companies until October 23 to confirm removal and explain their prevention plans.

BetMGM Introduces Record-Setting Game of Thrones™ Slot to Players in New Jersey, West Virginia, Michigan and PA

Everybody loves "Game of Thrones". Now those casino gamblers in four US states will finally have the opportunity to play the Game of Thrones™ online slot for real money from the comfort of their own home, office, the train or where ever they like.

Florida AG Comes After Reddit, TikTok Demanding Social Media Companies Remove Sweepstakes Casino Ads

Florida’s Attorney General has demanded Reddit, Snap and TikTok stop carrying ads for sweepstakes gambling platforms in the state, a move that follows August lawsuits against Stake and VGW brands like Chumba Casino, LuckyLand and Global Poker.