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

PRAGUE Thu Nov 8, 2012 2:36am EST

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)