The results come shortly after subsidiary The Global Draw launched its electronic instant ticket scheme in Jersey. It means the island is the first in Europe to sell tickets via machines that are available across the island. Alan MacLean, the island’s minister for economic development, said: “We’re thrilled to officially launch electronic instant tickets, which will not only make playing the lottery more accessible and fun but also has the potential to boost contributions to Jersey charities that so desperately need the extra support.”
Jersey is the only place in the only channel islands with legislation allowing for the terminals. In your face Alderney and Guernsey!
Online sports betting spared Fortuna Entertainment Group’s blushes as the group as a whole was slightly disappointing in Q3. Online gross win for sports betting was up 31.3% to just over €6m. Costs linked to their Czech lottery start-up affected the balance sheet with EBITDA declining by 58.4%. CEO Jiří Bunda commented: “In the third quarter our sports betting business continued to grow due to a strong performance of online segment, despite a lack of attractive sports events this year. The further development of on-line segment of sports betting business is crucial for our future performance. The expansion of on-line betting has been strongly supported by our existing retail network which significantly contributed to its success. We are fully focused on additional enhancement of our existing on-line and retail sports betting services. We also hope that we will be able to start providing on-line betting in Poland based on local licence very soon.”
They’re hoping to have set up shop in Poland by January as long as government approval is given and they already have 12,000 registered subscribers ready to play.