PBV Insights
Log In Get Started
News
21 Oct 2025

Karanovic & Partners Advises Lob on Sale to Fortune Entertainment Group in Montenegro

"Karanovic & Partners has assisted Lob in its sale to Fortune Entertainment Group in Montenegro, with Schoenherr advising FEG. The transaction's value remains undisclosed. Fortune Entertainment Group is noted as the largest betting operator in Central Europe, while Lob is a local entertainment and gaming company. The Karanovic & Partners team involved in the deal included Partners Ivan Nonkovic, Sava Draca, Veton Qoku, and Associate Filip Vukovic."

Karanovic & Partners and Schoenherr were the law firms involved in the recent transaction where Karanovic & Partners advised Lob on its sale to Fortune Entertainment Group (FEG) in Montenegro, while Schoenherr reportedly advised FEG. The transaction involved Lob, a local entertainment and gaming company, being sold to Fortune Entertainment Group, which is recognized as the largest betting operator in Central Europe. The value of the transaction has not been disclosed. The Karanovic & Partners team included Partners Ivan Nonkovic, Sava Draca, and Veton Qoku, along with Associate Filip Vukovic.
Read the full story

Register for free to access daily news.

Register Free
Already registered? Login
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.