No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Great Q1 Earnings for Fortuna Entertainment
Tuesday May 7,2013 : ONLINE REVENUES BOOST CZECH GAMBLING GROUP
Internet sports betting gross win in Q1 2013 increased by 33.8 percent to Euro 13.6 million
Czech online and land betting company Fortuna Entertainment Group posted a 34.4 percent increase in EBITDA in the first quarter 2013 to Euro 11.3 million, with online operations making a substantial contribution.
The steep increase was mainly due to strong growth in sports betting and a positive lottery EBITDA, the company said Tuesday.
The reported financial results confirmed a robust performance, which was a continuation of what was seen in the previous reporting period, as well as outstanding top line figures for all key parameters, and confirmed growth in the main markets where the company operates.
* Total Amounts Staked in Q1 2013 increased by 24 percent to Euro 141.2 million
* Total Gross Win in Q1 2013 up by 9 percent to Euro 33.5 million
* Online sports betting Gross Win in Q1 2013 increased by 33.8 percent to Euro 13.6 million
* Total EBITDA in Q1 2013 grew by 34.4 percent to Euro 11.3 million
Amounts staked across the group for the first quarter of 2013 were Euro 141.2 million, a strong 24 percent y-o-y increase. This growth was driven primarily by the expansion of online betting in the national markets in Europe where Fortuna operates.
Amount staked on sports betting reached Euro 137.1 million in the first quarter of 2013, a 26.2 percent improvement on the first quarter of 2012, whilst amount staked on lottery betting in the first quarter of 2013 totalled Euro 4.2 million.
The Gross Win from sports betting was Euro 31.4 million, an 11.7 percent increase y-o-y. Of this figure, the Gross Win from online betting in the first quarter of 2013 increased to EUR 13.6 million, a substantial gain of 33.8 percent over the same period of 2012.
Gross Win from retail betting in the first quarter of 2013 amounted to Euro 17.8 million, a 0.8 percent decline y-o-y. In the first quarter of 2013, the Gross Win from the lottery business was Euro 2.1 million.
In the first quarter of 2013, total EBITDA increased to Euro 11.3 million, a 34.4 percent increase over the same period of last year. The total is drawn from a 17.4 percent growth in sports betting to Euro 11.3 million and a positive lottery EBITDA of Euro 40,000.
Radim Haluza, CEO of Fortuna Entertainment Group said:
“We are pleased to once more report very solid results, this time for the first quarter of 2013. The results confirm a continuation of the strong momentum that started at the end of last year.
"The main driver of our performance was clearly the online segment in sports betting which continues to deliver double-digit growth in all the countries where Fortuna is present. In addition, we are reporting positive EBITDA in the lottery segment for the first time, which has also boosted our profitability.”
Haluza said that management is proposing to the upcoming AGM to be held this month to pay out a dividend of Euro 0.67 per share consisting of a dividend from the 2012 net profit, a dividend from retained earnings and a share premium distribution.
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.