Fortuna announces 7pc rise in gross win

Fixed odds betting operator Fortuna Entertainment announced a rise in total gross win for the first 9-months of 2013 of 6.9 percent, to €83.4m.Total amounts staked for the period reached €405.2m, an increase of 21.3 percent year-on-year, which was driven primarily by the expansion of on-line betting in all the countries where Fortuna operates.

“We are pleased to once more report very good results for the first nine months of 2013. Fortuna accepted total bets in the amount of €405.2m, which is 21.3 percent more than last year and our Group EBITDA reached €18.1m, up 36.2 percent year-on-year. The main driver of our performance was expansion of internet and mobile sports betting which has been growing rapidly this year in all the countries where Fortuna is present. We remain positive concerning our performance for the rest of 2013 and we believe that our targets for this year will be met,” said Radim Haluza, CEO of Fortuna Entertainment Group.

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