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Online betting drives Fortuna revenue growth in first quarter

5th May 2016 12:36 pm GMT

Central European betting operator Fortuna Entertainment Group has reported an 8 per cent increase in total gross win to €38.1m for the first quarter of 2016, although EBITDA fell by 37 per cent due in part to higher betting tax rates implemented in the Czech Republic at the start of the year.

Amounts staked increased 26 per cent to €251.7m during the quarter, driven by double-digit growth in the operator’s online channel, and low single-digit growth [...]

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