Tag Archives: Radim Haluza

Opportunity or cautionary tale? The value of ‘local champions’ in Eastern Europe

Opportunity or cautionary tale? The value of ‘local champions’ in Eastern Europe

Is Eastern Europe the next big opportunity for the continent’s igaming sector? Entain and Flutter certainly think so if their acquisition strategies of late are anything to go by, but the region is tricky to traverse. If the views of an SBC Summit Barcelona panel are to be believed, big-name operators will have a more difficult time in Eastern Europe …

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Entain to close STS deal on 24 August

STS

Entain Plc will proceed to finalise its acquisition of STS Holdings, having secured unanimous shareholder approval to acquire the Warsaw-listed online betting group. This afternoon, the board of Entain declared that its £750m acquisition offer had been accepted by “STS shareholders holding a total of 155,591,656 shares, corresponding to approximately 99.3% of the total issued share capital.” As it stands, …

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Entain realises Croatia ambitions as SuperSport takeover finalised

entain supersport croatia

Entain Plc has completed its acquisition of leading Croatian bookmaker SuperSport, keeping track on its growth ambitions in Central and Eastern Europe (CEE). Completed via the FTSE100 global betting and gaming group’s Entain CEE division, the takeover strengthens Entain’s foothold in the ‘highly attractive’ Croatian market, as SuperSport joins Entain’s enlarged CEE portfolio of Optibet (Estonia/Latvia) and Totolotek (Poland). Terms …

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Entain launches new CEE venture in partnership with EMMA Capital 

entain supersport croatia

Entain Plc has disclosed its plans to become the leading Central and Eastern European betting business by launching a new venture, ‘Entain CEE’. As announced this morning in the FTSE100’s gambling group’s H1 2022 Interim results, Entain has agreed to acquire a majority stake in leading Croatian betting group SuperSport for €600m. The deal will see Entain acquire a 75% …

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Highlight Games grows Croatia footprint with SuperSport deal

Highlight Games grows Croatia footprint with SuperSport deal

Croatia’s SuperSport has expanded its virtual sports offering by signing a new partnership with Highlight Games. Through the agreement, the video virtual sports specialist will supply its portfolio of content across SuperSport’s online and mobile channels, including Soccerbet featuring the Italian Serie A league. “I’m delighted to announce that Highlight Games is expanding its offering with SuperSport,” said Nick Gardiner, …

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Highlight Games continues Soccerbet momentum with SuperSport deal

SBC News Highlight Games continues Soccerbet momentum with SuperSport deal

HD virtual sports specialist Highlight Games has secured a new agreement with SuperSport to supply its Soccerbet product. The agreement sees Highlight Games supply both single match and league versions of its Soccerbet product across SuperSport’s online, mobile and retail divisions – both of which will be made available in both English and Italian. Soccerbet will feature footage from English …

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Fortuna Entertainment profits up for 2014

SBC News Fortuna Entertainment profits up for 2014

Czech betting and gambling operator Fortuna Entertainment Group posted a 21% increase in corporate profits for its first nine months of 2014. The operator recorded EBITDA profits of €22 million (£17.3 million) for the period, outlining that growth had been driven by higher customer activity and improved performance of its online gambling verticals. Fortuna Entertainment senior management stated that the …

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Sports betting helps Fortuna boast strong H1 2014

SBC News Sports betting helps Fortuna boast strong H1 2014

Eastern European focused sports betting operator Fortuna Entertainment, cited increased sports betting activity as its key factor for its improved performance during the first half of 2014. Fortuna reported an increase in wagering of 20.8% during the opening half of 2014, with wager amounts totaling €333.2 million (£264 million). Sports betting contributed to 97.6% of wagering with €325,3 million. Due …

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