Shares in Central European online and land-based gaming operator Fortuna Entertainment Group fell by more than 12 per cent in Prague Thursday after the company warned that its earnings for this year would fall significantly below 2014 levels.

Fortuna recorded strong results for 2014 as total amounts staked rose 19 per cent to €672.4m, above its previous guidance of €645m.

The rise was primarily driven by online growth and increased bets from major sporting events including the Winter Olympics and football World Cup. 

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