Fortuna Entertainment Group (FEG), the Prague- and Warsaw-listed fixed-odds betting operator, posted solid year on year growth in the second quarter of 2011 but below market expectations, analysts said Thursday. FEG, which has operations in Poland, the Czech Republic, Slovakia and Hungary, said it recorded a consolidated net profit for the first half of 2011 of €8.6 million, a 19.1% y/y increase.

A record individual gold purchase on Friday was already surpassed on Monday; such has been the Czech Mint’s experience of the worldwide rush into gold. The producer of gold commemorative coins and medallions is now looking for new ways to tap into the latest gold rush.

The Czech Mint reports unprecedented interest from individuals in gold coins. Brokers offering gold acquisitions on foreign markets are also seeing a surge in demand. On Monday, August 8, gold hit a high of $1,770 an ounce (31.1 grams) for the first time. The Czech Mint is offering gold ingots from 1 gram, currently costing Kč 1,532, up to a kilogram at almost Kč 1 million. On Monday, the mint was offering 1 ounce ingots for Kč 32,827 (around $1,954).

KIT digital, the cloud-based software solutions and services provider for multi-screen video management and delivery listed in Prague and on the Nasdaq, has reported second quarter 2011 results showing a 40 percent year on year (y/y) increase in revenue and 30 percent increase in operating EDITDA.