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Fortuna Entertainment H1-2016 Numbers
FORTUNA POSTS H1-2016 INTERIMS
Central and Eastern European betting group reports improvements across core metrics.
Fortuna Entertainment, the Central and Eastern Europe-facing gambling group in the news earlier today with its platform deal with Playtech has posted its H1-2016 numbers, claiming improvements across core metrics.
Highlights of the report include:
* Total Gross Win of Euro 80.5 million, on turnover up 24 percent year-on-year at Euro 511 million;
* Increased player activity;
* Positive EBITDA up 7.7 percent y-o-y to Euro 9.7 million;
* Anticipated net profit up 12.1 percent at Euro 5.4 million;
Per Widerström, CEO, said that the improved performance was driven by online sports betting, especially on mobile devices across the countries where the company operates, with good returns achieved from the Euro 2016 football championships in France.
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Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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