Tag Archives: Penta Investments

Penta reportedly eyeing sale of Fortuna Entertainment

SBC News Penta reportedly eyeing sale of Fortuna Entertainment

Penta Investments is reported to be weighing up a ‘possible sale’ of its gambling asset, Fortuna Entertainment Group (FEG). As reported by Reuters, the Central and Eastern European private equity fund is open to offers to acquire Fortuna Entertainment, recognised as the biggest betting firm of the Czech Republic and Slovakia. The private equity fund of Czech moguls Jaroslav Hascak …

Read More »

Fortuna confirms Per Widerström leadership departure

SBC News Fortuna confirms Per Widerström leadership departure

The board of Fortuna Entertainment has confirmed that Per Widerström has chosen to end his seven-year tenure as Chief Executive of the Central and Eastern European (CEE) betting group. David Vaněk, General Manager of Fortuna Entertainment’s Czech unit, has been named as the formal successor of Widerström, who will take charge of group leadership on 1 March. Issuing a personal …

Read More »

Biggest ever Betting on Football takes on truly international agenda

BOF - international

It’s Betting on Football by name, but so many of the topics to be discussed at next week’s international conference are far from exclusive to the beautiful game. Held at Stamford Bridge from 20-23 March, the #bofcon2018 agenda will combine expert analysis of this year’s football frenzy with a tour of the sports betting world and a breakdown of the …

Read More »

Fortuna Entertainment receives Fortbet takeover offer

SBC News Fortuna Entertainment receives Fortbet takeover offer

Fortuna Entertainment Group has announced that it has reached an agreement with Fortbet Holdings Limited, its majority shareholder, in relation to a takeover bid for the company. Fortbet, a subsidiary of the Central European investment group Penta Investments, currently owns a little under 80% of the firm, but is now bidding for full control after raising its stake from 68% …

Read More »

Betting on Football shows how to follow the leaders

Leaders PR - #bofcon2017

For high level sports betting staff looking for a crash course in leadership, SBC Events has lined up an eight-panel agenda on the first day of Betting on Football 2017, covering key industry topics such as self-regulation, match-fixing, investment, market consolidation, new brands in football betting and affiliate leaders. The Leadership Track is one of four main tracks across the …

Read More »

Penta moves to buy Fortuna Entertainment outright

SBC News Penta moves to buy Fortuna Entertainment outright

Eastern European investment group Penta Group Investments (Penta) has announced that it will move to buy outright the remaining shareholding of Czech-listed gambling operator Fortuna Entertainment (Fortuna). At present, Penta holds 68.25% of the corporate equity in Fortuna through gambling investment subsidiary Fortbet. Penta management will aim to turn Fortuna into a wholly-owned private company, removing the firm from its listings …

Read More »

Penta Investments leads Betting on Football panel on investment opportunities within the betting industry

Penta Investments

Following a year of mass industry consolidation, high-level panelists at Betting on Football 2017 will be discussing whether sports betting is still an attractive proposition for investors. The ‘Managing Risk’ panel at Stamford Bridge on 3 May will feature Valhalla Investments Chairman Mark Blandford, GVC Holdings COO Shay Segev and Dreamworx Online Founder & Investor Christian Edler, alongside Marek Šmrha, …

Read More »