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Fortuna agrees to acquire 51% of Montenegro’s Lob

Deals & M&A

Fortuna Entertainment Group agreed to acquire a 51% stake in Lob, entering Montenegro, the company announced. Lob is described in the announcement as Montenegro’s second-largest gaming operator; the deal’s financial terms were not stated.

The proposed stake would give Fortuna a position in Montenegro’s gaming market through local operator Lob.

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