November 8, 2012 / 7:37 AM / 5 years ago

Czech Fortuna's 9-month EBITDA drops on taxes, lottery

PRAGUE, Nov 8 (Reuters) - Czech betting company Fortuna Entertainment Group posted a 6.2 percent drop in nine-month core profit (EBITDA) due to higher gaming taxes and costs from a new lottery division, it said on Thursday.

Earning before interest, tax, depreciation and amortisation dropped to 13.3 million euros in the period, below the average estimate of 13.83 million in a Reuters poll. (Reporting by Jason Hovet; Editing by Jana Mlcochova)

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