Central European betting operator Fortuna Entertainment Group has reported a 10.5 per cent increase in total gross win to €163.0m for the 2016 year, with the operator enjoying strong growth online across its core Czech Republic, Slovakia and Poland markets.

Amounts staked rose 23 per cent to €1,039.6m and exceeded the company's guidance for the full year, although EBITDA fell by 18.5 per cent to €22.1m.

"We are pleased to report on strong growth in total amounts staked for the full year 2016," said Per Widerström, CEO and chairman of Fortuna. "The amounts staked grew double digits in all our key markets, primarily driven by the online betting growth and in particular mobile sports betting while Retail grew single digit.

Premium subscribers continue here to the full article.

Related

GIQ Magazine Digital Edition