Tag Archives: fortuna

Fortuna Entertainment records H1 2017 revenue & KPI growth despite enlargement costs

Presenting its H1 2017 interim results (period ending 30 June), Eastern European gambling operator Fortuna Entertainment Group has detailed a strong revenue performance combined with KPI gains driven by the growth of sports betting and gaming divisions. Updating the market, Fortuna would record a 40% group revenue increase to €720 million (H1 2016: €511 million), of which €650 million would …

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Unfavourable sports results and group development costs impact Fortuna Q1 2017 profits

Unfavourable sporting results combined with higher operational costs have impacted Eastern European gambling operator Fortuna Entertainment Group Q1 2017 performance. Updating investors Fortuna governance would detail ‘robust’ set of metrics during the period as the company recorded a total group wagering of €302 million up 20% on corresponding 2016 performance. Closing the period, Fortuna would further report a Gross Win …

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Betting on Football shows how to follow the leaders

Leaders PR - #bofcon2017

For high level sports betting staff looking for a crash course in leadership, SBC Events has lined up an eight-panel agenda on the first day of Betting on Football 2017, covering key industry topics such as self-regulation, match-fixing, investment, market consolidation, new brands in football betting and affiliate leaders. The Leadership Track is one of four main tracks across the …

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Playtech first to enter Czech online casino market with Fortuna Entertainment

FTSE-listed Playtech Plc has confirmed that it will be the first industry platform provider to launch a licensed online casino property for the Czech Republic in partnership with Eastern European operator Fortuna Entertainment. Updating investors, Playtech governance revealed that on 24 February the Czech Republic Ministry of Finance granted Fortuna the country’s first ever licence to operate ‘online technical games’. …

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Nomination deadline extended for SBC Awards 2016

SBC has decided to extend the nomination deadline for the SBC Awards 2016 by another week. Companies now have until Tuesday 1st November to put themselves forward for one or more of the 15 awards created by SBC to recognise industry excellence in 2016. This means the nomination stage for the SBC Awards 2016 will get a ‘Halloween night’ finale. …

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Is your company a ‘hard hitter’ in the sports betting industry?

SBC is inviting the ‘hard hitters’ in the sports betting industry to put themselves forward for one of 15 awards created to recognise excellence in 2016. If you feel your company deserves special recognition this year, make sure you get your nomination in before October 25. The SBC Awards 2016, which will be held on December 7 at Under the Bridge …

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Argyll Entertainment sponsors star hostess Hayley McQueen for SBC Awards 2016

Award winning producer and TV sports presenter Hayley McQueen is to present the SBC Awards 2016 on Wednesday 7th December. Argyll Entertainment, the company behind the Alan Brazil-branded BetonBrazil sportsbook, has been confirmed as the sponsor of the evening hostess. McQueen, a familiar face to viewers of Sky Sports News HD and Sky Sports’ football coverage, will be opening the …

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20% dip in EBITDA for Fortuna despite revenue growth

European bookmaker Fortuna Entertainment Group has reported a 25% increase in turnover so far in 2015, but this hasn’t prevented the firm from posting a near 20% decline in EBITDA over the same period. In the first nine months of the year, total EBITDA amounted to 17.7m euro million, a 19.6% decline over the same period of last year, with …

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Fortuna Entertainment sees senior departures of CMO & CFO

Czech sports betting operator Fortuna Entertainment Group has announced the senior departures of Chief Financial Officer Michal Vepřek and Chief Marketing Officer Zdeněk. Zdeněk Lang will leave Fortuna Entertainment Group at the end of this year in line with an  agreement made with the betting operators majority shareholder. Commenting on their departures from Fortuna Entertainment Fortuna has achieved long-term strength …

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Fortuna secure Slavia Prague shirt sponsorship

Eastern European focused sports betting operator Fortuna announced the confirmation that it had become official shirt sponsor of Czech Republic ‘Gambrinus Liga’ football club Slavia Prague. The betting operator announced an undisclosed three year deal with the Prague football team. Zdnek Lang, Marketing Director of Fortuna commented on the shirt sponsorship deal: “Fortuna believe in Slavia’s potential, we want to …

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