Fortuna Entertainment Group (FEG) has confirmed that Dieter John will succeed Victor Corcoran as Chief Executive Officer (CEO) of the Central and Eastern European gambling group. The appointment follows Victor Corcoran’s decision to end his three-year tenure as CEO of FEG in 2025. A new executive at FEG, Dieter John joined the CEE gambling group in March, taking on the …
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Romania prohibition of gambling in small towns requires constitutional order
Land-based gambling restrictions ordered by Prime Minister Marcel Ciolacu must be re-examined by the Constitutional Court of Romania to be applied as a federal law. The judgment was announced by the Supreme Court of Cassation and Justice, tasked with evaluating new land-based gambling restrictions that will reform Romania’s Criminal Code. To impose changes to Romania’s Criminal Code, the Supreme Court …
Read More »Penta reportedly eyeing sale of Fortuna Entertainment
Penta Investments is reported to be weighing up a ‘possible sale’ of its gambling asset, Fortuna Entertainment Group (FEG). As reported by Reuters, the Central and Eastern European private equity fund is open to offers to acquire Fortuna Entertainment, recognised as the biggest betting firm of the Czech Republic and Slovakia. The private equity fund of Czech moguls Jaroslav Hascak …
Read More »Bookmakers face tipping point on media & data rights
In life, there are the certain outcomes of death and taxes, whilst for sportsbooks, there are media rights disputes and data fees. The rising costs of operating an online sportsbook have divided opinions across the sector regarding the necessity of exclusive media rights packages and the compounding expenses of data fees. At the SBC Summit Barcelona, a panel of sportsbook …
Read More »Catena confirms Per Widerström boardroom exit
Catena Media Plc has notified investors that Per Widerström has ended his tenure as a Corporate Director of the Stockholm-listed igaming media publisher. The resignation follows Widerström accepting the position to become the new Group CEO of 888 Holdings, commencing from 16 October onwards. Widerström, the former Chief Executive of CEE gambling group Fortuna Entertainment, has served as a Corporate …
Read More »STS and Fortuna launch ‘Play Legally’ campaign against Polish grey market
STS and Fortuna, two of Poland’s largest licenced bookmakers, have announced a new marketing campaign to draw consumers away from ‘grey market’ operators, ‘Play Legally’. The duo will give up branding space on team uniforms and pitch side LED screens in top-flight PKO Bank Polski Ekstraklasa fixtures between 12-15 May to promote the new slogan. Describing ‘Play Legally’ as a …
Read More »Fortuna Entertainment appoints Victor Corcoran as new CEO
Fortuna Entertainment Group (FEG) has confirmed the appointment of Victor Corcoran as new Chief Executive of the Central and Eastern European (CEE) omni-channel gambling business. The move sees FEG conclude its nine-month search to find a leadership successor to Per Widerström who stood down as CEO of the business back in January, choosing to end his eight-year tenure as Chief …
Read More »Tipsport challenges Fortuna for title sponsorship of Czech Liga
Tipsport has submitted a bold tender to the Czech Football League Association (LFA) seeking to replace main market rival Fortuna Entertainment as the title sponsor of Czech Liga 1 and Liga 2 Czech media reports that Tipsport has submitted a CZK 150m (€6m) per season offer to become title sponsor of Czech football’s top two divisions. Tipsport’s offer is reported …
Read More »Fortuna confirms Per Widerström leadership departure
The board of Fortuna Entertainment has confirmed that Per Widerström has chosen to end his seven-year tenure as Chief Executive of the Central and Eastern European (CEE) betting group. David Vaněk, General Manager of Fortuna Entertainment’s Czech unit, has been named as the formal successor of Widerström, who will take charge of group leadership on 1 March. Issuing a personal …
Read More »Fortuna rolls out OpenBet’s SportsCast content in key European markets
Central and Eastern European omnichannel betting group Fortuna Entertainment has gone live with content from OpenBet’s SportCast business. The rollout extends across its online and retail operations within a host of key European markets. As part of the new deal, Fortuna has deployed SportCast’s accumulator service, BetBuilder, which allows consumers to build their own bets within a single event across …
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