Online betting drives Fortuna's double-digit stakes growth

But firm reports 9.9% dip in profits due to local betting taxes and increased operating costs

Online betting helped drive Fortuna's 23% year-on-year growth in Group stakes for the first nine months of the year, however profits took a near 10% drop due to higher betting tax rates in the Czech Republic and increased operating costs. Total amounts staked for the first nine months of 2016 reached €756m (£673m), a rise…

Czech Republic | Fortuna Entertainment Group | Per Widerstrom | Sports betting | Tax