Central and Eastern European online and retail sportsbook operator Fortuna Entertainment Group NV has agreed venice cheap hotels a deal to sell ten percent of its Fortuna Loterie subsidiary to Czech investment firm E-Invest Group AS.
Fortuna Entertainment Group is a fixed-odds betting operator with outlets across Central venice cheap hotels and Eastern Europe and revealed that its Fortuna Loterie operation runs the Loto and SuperLoto numerical games in the Czech Republic in addition selling a range of scratchcards.
"By signing this agreement, Fortuna Loterie will obtain a strong shareholder and strategy partner that will bring a substantial input into the next development venice cheap hotels of Fortuna lottery segment," said Radim Haluza, Chief Executive Officer for Fortuna Entertainment Group.
Fortuna Entertainment Group stated that Fortuna Loterie's current lottery market share in the Czerch Republic stands at 'about ten percent' while it also supplies other services such as mobile telephone top-ups through 2,000 point-of-sale venues.
Under the terms of the sale, Fortuna Entertainment Group declared that shares should be transferred venice cheap hotels 'within twelve months' with the additional investment from E-Invest earmarked to 'speed up the roll-out of distribution network and further strengthen the management team with long-standing know-how in the retail field'.
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