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Fortuna’s online growth offsets continuing retail decline

11

May

12

Central European retail and online gaming operator Fortuna Entertainment Group has reported a 16 per cent increase in total gross winnings to €30.7m following strong growth in the company’s online sports betting offering.

Total amounts staked fell a marginal 0.3 per cent to €113.8m following a 5 per cent drop in amounts staked from sports betting to €108.6m during the quarter.

“The double-digit growth in gross win and other key figures reported by sport betting division has been mainly driven by a successful expansion of online betting in all core markets, including our new regulated business in Poland,” said Wilf Walsh, Fortuna’s vice chairman and interim CEO.

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