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Fortuna enjoys iGaming progress but overall growth slows in Q1

7th May 2015 12:33 pm GMT

Central European online and land-based operator Fortuna Entertainment Group has recorded a 1 per cent decline in first quarter revenue, with results negatively impacted by unfavourable sporting results in March as well as the abolishment of online betting handling fees in Slovakia.

Revenue declined to €25.1m, with the majority generated by sports betting, though the vertical saw its contribution fall 2 per cent year-on-year to €23.4m. This was partially offset by growth in the lottery business, [...]

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