Half Year Report 2011 - Fortuna Entertainment Group EU
Half Year Report 2011 - Fortuna Entertainment Group EU
Half Year Report 2011 - Fortuna Entertainment Group EU
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Czech Republic Sports Betting<br />
Sports betting in the Czech Republic generated 52.9% of total amounts staked for the Company in the first half<br />
of <strong>2011</strong>, a modest increase from 52.4% in the first half of 2010. Total Amounts Staked came to <strong>EU</strong>R 110.7<br />
million, 10.2% more than in the first half of 2010. Gross Win in the Czech Republic sports betting amounted to<br />
<strong>EU</strong>R 21.9 million in the first half of <strong>2011</strong>, 4.3% more than in the previous year. This growth was driven primarily<br />
by online expansion; Gross Win from the online segment climbed by 36.7% YOY and amounted to <strong>EU</strong>R 7.9<br />
million. On the contrary, Gross Win from retail betting in the Czech Republic declined 8.1% YOY and totalled<br />
<strong>EU</strong>R 13.9 million. Gross profit from sports betting in the Czech Republic was <strong>EU</strong>R 18.3 million, 4% more than<br />
in the first half of 2010. This increase was driven by online gross profit, which went up 35.4% and amounted<br />
to <strong>EU</strong>R 6.8 million. Gross profit from retail in the Czech Republic decreased by 8.4% in the first half of <strong>2011</strong><br />
to <strong>EU</strong>R 11.6 million. The gross profit margin from sports betting in the Czech Republic equalled 16.6% in the<br />
first half of <strong>2011</strong>, 1 percentage point less than in the first half of 2010.<br />
Czech Republic Lottery<br />
The newly reported operating segment Czech Republic Lottery included in the first half of <strong>2011</strong> only results from<br />
the sale of the scratch tickets and cannot provide YOY comparison. Total Amounts Staked came to <strong>EU</strong>R 776<br />
thousand. Gross Win in the Czech Republic lottery amounted to <strong>EU</strong>R 426 thousand in the first half of <strong>2011</strong>.<br />
Gross profit from lottery in the Czech Republic was <strong>EU</strong>R 353 thousand. Gross profit margin from the sale of<br />
scratch tickets in the Czech Republic equalled 45.5% in the first half of <strong>2011</strong>.<br />
Slovakia<br />
The share of Slovakia in regard to total amounts staked in the first half of <strong>2011</strong> came to 33.6%, in comparison<br />
with the 32% share recorded in the first half of 2010.<br />
Total amounts staked came to <strong>EU</strong>R 70.3 million, 14.6% more than in the first half of 2010. Gross Win in<br />
Slovakia amounted to <strong>EU</strong>R 16.1 million in the first half of <strong>2011</strong>, 10.9% more than in the same period of the<br />
previous year. Gross Win from online betting was <strong>EU</strong>R 6.6 million, 41.5% more than in the same period of the<br />
previous year. Gross Win from retail betting in Slovakia went down by 3.4% YOY and totalled <strong>EU</strong>R 9.6 million.<br />
Gross profit from betting in Slovakia was <strong>EU</strong>R 12.8 million, 9.9% more than in 2010. This increase was driven<br />
by the online betting segment. Gross profit from online betting in Slovakia went up by 40.6% in the first half of<br />
<strong>2011</strong> to <strong>EU</strong>R 5 million. Gross profit from retail betting in Slovakia went down by 3.6 % in the first half of <strong>2011</strong><br />
to <strong>EU</strong>R 7.8 million. The gross profit margin from betting in Slovakia equalled 18.2% in 2010, 0.8 percentage<br />
points less than in the first half of 2010.<br />
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