Fortuna Entertainment Group (FEG), the premier omni-channel gaming entertainment provider in Central and Eastern Europe, has finalized an agreement to acquire a 51% stake in Lob, Montenegro’s second-largest operator in the industry.

This acquisition represents one of the most significant foreign direct investments in Montenegro in recent years and serves as a crucial milestone in enhancing FEG’s presence throughout Southeast Europe.

Dieter John, Group CEO, remarked: “This significant step supports our long-term ambition to lead regulated gaming entertainment markets across Central and Eastern Europe. Lob’s robust market position and digital-first approach make it an ideal partner for our expansion in the region.”