Fortuna Entertainment Group has posted a strong performance for the first nine months of 2017, despite integration and M&A costs having an impact.
Fortuna reported a strong trading performance in the third quarter as it continues to respond to regulatory changes in Slovakia.
European fixed-odds betting company Fortuna has seen a huge drop in first-quarter earnings due to a poor performance in sports betting and regulatory changes in Slovakia.
Fortuna Entertainment group will not pay out a dividend this year as its new management team focuses on investment across infrastructure and product.
Fortuna Entertainment is on course to become the leading online betting operator in Central Europe following year-on-year growth in several key metrics in 2014, according to recently-installed CEO and chairman Per Widerstrom.
Per Widerstrom has pledged to develop Fortuna Entertainment Group's multi-channel strategy after being named as the betting operator's new chief executive and chairman of the management board. Widerstrom, who is currently the managing director of betting and gaming group Gala...