Fortuna Gambling Profits Soar 34.5 Percent

FORTUNA GAMBLING PROFITS SOAR 34.5 PERCENT

31st August, 2013 at 04:30:07
Source: http://www.azonlinecasinos.com

Eastern European online and land gambling group delivers a net profit of Euro 7.6 million

The Eastern European land and online gambling group Fortuna has turned in a creditable set of half year results, posting a net profit of Euro 7.6 million - up 34.5% year-on-year.

Gross win in H1-2013 came in at Euro 57.4 million - up y-o-y by 4.1% on revenues of Euro 275.9 million, thanks to lottery losses being lower and punter deposits higher.

The company reported EBITDA up 27.4% to Euro 12.9 million.

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