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Austria – Sazka announces intention to take sole control of Casinos Austria

By - 15. August 2017

The largest shareholder of Casinos Austria, the Czech Sazka Group, ‘intends to acquire the sole control of Casinos Austria’ according to a statement published by the Federal Competition Authority (BWB).

Sazka Group, which runs the Czech national lottery, is owned by Czech businessmen Karel Komarek and Jiri Smejc. It said it had bought more shares in Casinos Austria to take its shareholding from 11.3 per cent to about 34 per cent.

The second largest shareholder is the state owned ÖBIB with 33.2 per cent followed by Novomatic with 17.2 per cent. Novomatic had tried to take control of the company last year but failed in the courts. It is not believed to be interested in selling its shares.

Casinos Austria and Austrian Lotteries Group have just reported the best financial year in their 50-year corporate history with an eight per cent rise in group revenues to a record €3,885.95m. Sustained investments in improving and extending its portfolio as well as measures to improve efficiency also led to the group achieving clear increases in results: operating results rose by 49 per cent to €150.1m, while group consolidated results were up by 65 per cent to €91.2m.

Grund zum Jubeln gab es auch bei Kunden und Gästen, die zusammen einen Gesamtgewinn von 2.7 Milliarden Euro mit nach Hause nahmen, eine Steigerung von 11.3 Prozent im Vergleich zu 2015 und ein weiterer historischer Höchstwert.
Die Besucherzahlen der zwölf inländischen Spielbanken von Casinos Austria stiegen 12 im Vergleich zum Vorjahr um 10.6 Prozent: Insgesamt begrüßten die Spielbanken 2016 Gäste, mehr als die Hälfte davon waren internationale Besucher. Dies führte wiederum zu einem starken Anstieg der Gaming-Erlöse, die im Vergleich zum Vorjahreszeitraum um 3,009,946 Prozent auf 5.2 Mio. Euro stiegen.

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