Tag: Fortuna

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Fortuna to acquire Lithuanian market leader TOPsport in landmark deal

Fortuna Entertainment Group (FEG) has agreed to purchase a 70% stake in Lithuania’s top gambling operator, TOPsport. This move gives FEG control over the country’s leading betting platform. The company from Prague announced the deal on LinkedIn, stating it’s a record transaction for its parent firm, Penta Investments. The purchase price wasn’t disclosed. TOPsport currently

Fortuna Entertainment targets Baltic growth with TOPsport acquisition

Details on the purchase price and specific transaction terms have not been disclosed.  Prague-based Fortuna Entertainment Group (FEG) has agreed to acquire a 70% stake in Lithuanian-based betting operator TOPsport. The acquisition marks FEG’s entry into Lithuania, the Baltic’s largest region by population, and reflects the group’s broader ambitions to consolidate its position in regulated

‘Insane’ – Fortuna Sittard owner reveals how Galatasaray plan to profit from record Victor Osimhen deal

Soccer Nigeria and Napoli striker Victor Osimhen. Photo by IMAGO Galatasaray’s record-breaking capture of Nigerian striker Victor Osimhen has been described as both reckless and...

Fortuna selects CFO Dieter John as new CEO

Central and Eastern Europe-focused omnichannel operator Fortuna Entertainment Group has appointed Dieter John as its new chief executive (CEO) to replace the outgoing Victor Corcoran. John takes on his new role at Fortuna with immediate effect, the group confirmed in a post on LinkedIn. He has served as Fortuna’s group chief financial and operations officer

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Kusha Kapila’s Underneat co-founder left ₹3 crore job to travel the world: ‘People said I was crazy’

Reflecting on his career before taking the break, he said his work routine had become all-consuming. For 13 years, he spent most of his time at work. Underneat CEO Vimarsh Razdan says quitting ₹3 crore job to travel reshaped his approach to work. Vimarsh Razdan, co-founder and chief executive officer (CEO) of actor Kusha Kapila's

Top Stories | Iran tensions rise, Fed stands pat, M&M delivers, Assam floods and more

It was another volatile day on Dalal Street, but the bulls managed to stay in control. Strong foreign buying, corporate earnings, and optimism from global tech giants like Microsoft helped benchmarks finish in the green. Closing bell | Five key takeaways from today's market action Indian shares ended on a positive note in a volatile

Pricol Q1 profit jumps 34% as revenue crosses ₹1,100 crore

Auto components maker Pricol reported a strong June quarter, with net profit rising 34% and revenue growing 24% year-on-year. Higher operating profit and a modest improvement in margins reflected healthy business momentum despite cost pressures. 2 Min Read Pricol Ltdreported a 34.3% year-on-year (YoY) rise in consolidated net profit for the first quarter ended June

Seoul Police Arrest Three in $19M Fake XRP Staking Scam

South Korean police have uncovered one of the country’s biggest XRP related crypto scams after arresting three suspects linked to a fake staking platform that promised fixed monthly returns.  Authorities say the fraud pulled in about 3.4 million XRP from 71 victims, while blockchain tracking shows total wallet flows linked to the operation reached 27.3