Central and Eastern European gambling operator Fortuna Entertainment Group (FEG) has vowed to become the top gambling operator in at least five regional markets by 2020.

On Thursday, FEG released its fiscal report card for the first nine months of 2017, during which total amounts staked at the company’s operations surged 69.1% to €1.3b. FEG has a presence in the Czech Republic, Slovakia, Poland and recently expanded into Romania, Croatia and Spain via a pair of high-value acquisitions.

The company said the revenue growth was primarily driven by FEG’s online operations, particularly in fixed-odds betting. In February, FEG launched online operations in the Czech Republic, where the online betting competition is about to heat up now that The Stars Group’s BetStars brand has been granted an online betting license.

FEG’s combined revenue over the nine months to September 30 totaled €185.3m, a year-on-year increase of 54.1%, despite unfavorable sports results early in the year.