Fortuna Entertainment agrees to buy 70% of Lithuania’s TOPsport
Fortuna Entertainment Group agreed to acquire a 70% stake in Lithuanian betting and gaming operator TOPsport, according to the companies. TOPsport reported 2025 EBITDA of €65 million, a margin above 50% and around 30% compound annual growth since 2020. The transaction is a record investment for Fortuna’s parent company, Penta; no purchase price was stated.
The proposed majority stake gives Fortuna access to Lithuania’s betting and gaming market through TOPsport.