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The Czech financial market this week might be influenced by the following news stories, press reports and events.
According to Fortuna: Czech-Slovak group, a strong group of production companies based mainly in the Czech and the Slovak Republic and Penta Investments, a central European investment group specialising in long-term value investing, have hiked their stake in betting firm, Fortuna Entertainment Group to 95.8 percent after buying shares from the largest minority shareholder Franklin Templeton.
Sazka: Casag Deputy Chairman Pavel Horak told the Austrian newspaper Der Standard on Sunday: “Austrian gambling technology group Novomatic could sell its 17 percent stake in Casinos Austria (Casag) to Czech lottery and gaming group and fellow Casag investor Sazka Group.”
Slovakia: Following the biggest street protests in decades, Slovakia’s long-serving Prime Minister, Robert Fico faces a deadline on Monday to ditch his closest ally or risk breaking apart his coalition government.
Source: European Gaming News