Fortuna Entertainment Group
- Founded
- 1990-01-01 in Czechoslovakia (now Czech Republic)
- Headquarters
- Prague, Czech Republic
Fortuna Entertainment Group (FEG) is the largest omni-channel betting and gaming operator in Central and Eastern Europe, headquartered in Prague, Czech Republic. Founded in 1990 as the first betting firm in Czechoslovakia, the company has grown from a single Prague branch into an international group operating in Czechia, Slovakia, Poland, Croatia, Romania, Montenegro, and Lithuania. FEG employs over 5,000 people and offers a comprehensive portfolio of digital and retail entertainment services, including sports betting (pre-match and live), online casino games (roulette, blackjack, poker, slots), lottery draws, virtual sports, and scratch cards. The group operates under multiple consumer-facing brands such as Fortuna, PSK, Casa Pariurilor, and the recently acquired TOPsport in Lithuania. Owned by Penta Investments, FEG holds a G4 certification for responsible gaming. In 2025, Dieter John, formerly CFO and COO, was appointed Group CEO, leading the company’s next phase of growth. FEG continues to invest in technology, omnichannel integration, and market expansion, reinforcing its position as the dominant player in Central and Eastern Europe.
Detailed Review
History and Founding
Fortuna Entertainment Group traces its roots to 1990, when it became the first licensed betting operator in Czechoslovakia. From a single branch in Prague, the company expanded across the region over three decades, building a strong retail and online presence. Privately held and owned by the investment group Penta Investments, FEG has grown into the largest CEE betting and gaming operator.
Business Model and Products
FEG generates revenue through both retail betting shops and online platforms across multiple verticals: sports betting (pre-match and live), online casino (table games, live dealer, slots, poker), lottery draws, scratch cards, and virtual sports. The company operates its own proprietary technology stack, with a dedicated tech centre in Prague and a global capability centre in Hyderabad, India (inaugurated May 2026). Omnichannel integration is a key focus, allowing customers to switch seamlessly between retail and digital. FEG's brands include Fortuna (Czechia, Slovakia, Poland, Croatia), PSK and Casa Pariurilor (Romania), and TOPsport (Lithuania, acquired in March 2026). The TOPsport acquisition added approximately €65 million in EBITDA and extended FEG's footprint into the Baltic region.
Market Position and Expansion
FEG is the dominant player in its core CEE markets, facing competition from local and international operators like bet365 and Superbet. The company holds a G4 responsible gaming certification and emphasizes regulatory compliance. Recent expansion includes the Lithuania entry and a €1.7 billion CZK bond offering fully subscribed in June 2026, reflecting strong investor confidence. FEG also sponsors the Polish Speedway National Team and partners with Poland's Kanał Zero media platform.
Leadership and Recent Developments
In January 2025, Dieter John, previously Group CFO and COO, was appointed CEO. Sotiris Haritos joined as CTO in early 2025, replacing Vladimir Klein. Uroš Bibić became Group CFO in September 2025. Carlo Fontana serves as Chief Commercial Officer. Under new leadership, FEG is focused on accelerating digital transformation, expanding into new markets, and enhancing its technology platform. The company continues to invest in responsible gaming and employee growth, with over 5,000 team members.
Key Products
Fortuna
Flagship brand offering pre-match and live sports betting, online casino, games, and lotteries in Czechia, Slovakia, Poland, and Croatia.
PSK
Romanian brand providing omni-channel sports betting and casino services.
Casa Pariurilor
Second Romanian brand targeting local retail and online customers.
TOPsport
Market leader in Lithuania for online sports betting and gaming, acquired by FEG in 2026; includes 54 retail locations.
Fortuna Sportsbook
In-house sports betting engine supporting pre-match and live betting across all markets.
Fortuna Online Casino
Web and mobile casino platform offering slots, table games, live dealer, and poker.
Fortuna Lottery
Online lottery draws and scratch cards.
Virtual Sports
24/7 simulated sports events such as virtual football and horse racing.
Offices & Headcount
5000 employees (approx.)
Key Persons
- Dieter John
Chief Executive Officer (CEO)
- Sotiris Haritos
Chief Technology Officer (CTO)
- Uroš Bibić
Chief Financial Officer (CFO)
Notable past members
- Per Widerström — CEO, Czech Republic Operations
- Per Widerström — Group Chief Executive Officer