A strategic investor signed a non-exclusive term sheet to acquire Personal Exchange International Ltd. and PNO Casino Ltd. on July 13, 2018. The execution of the transaction is subject to the conclusion of a binding contract and the fulfillment of additional conditions. A strategic investor cancelled the acquisition of Personal Exchange International Ltd. and PNO Casino Ltd. on August, 14, 2018. The transaction failed due to conditions set by the investors which could not be fulfilled. The board of mybet Holding decided to file for insolvency following the failure o this transaction.