Tag Archives: Sazka
Czech – Pavel Turek named as KKCG Group’s new Chief Officer of CSR & Global Brand
One of the most experienced experts in sports marketing and the monetization of new areas of sport, Pavel Turek, will join the KKCG Group and SAZKA Group teams. From October 2021, he will assume the position of Chief Officer of CSR & Global Brand both for KKCG Group and for its lottery department, SAZKA Group….
Czech – Karel Komarek evaluating Sazka IPO to ‘lock in record valuations’
Sazka Group could be about to look at reviving plans for an initial public offering. Reports from Bloomberg say Czech billionaire Karel Komarek’s holding company KKCG Group AS is discussing an IPO of Sazka for the second half of this year on the London Stock Exchange to ‘lock in record valuations’ of the company. Bloomberg…
Czech – Sazka looking forward to ‘great year’ as recovery momentum continues
SAZKA Group saw its Gross gaming revenue (GGR) increase by 30 per cent year-on-year to €526m for the three months to 31 March 2021 with Adjusted EBITDA up by four per cent year-on-year to €144m and profit up by 44 per cent year-on-year to €35m. The company stated: “Certain COVID-19 restrictions were reintroduced in our…
Czech Republic – Sazka records 28 per cent profit fall across 2020
Sazka Group’s financial results for 2020 show that consolidated profit after tax from continuing operations decreased by 28 per cent year-on-year to €224m. Consolidated GGR increased by six per cent year-on-year to €2,018m. Excluding the contributions of CASAG and Stoiximan, GGR decreased by 26 per cent year-on-year due to the impact of COVID-19 in the…
Austria – EU Commission approves Sazka and ÖBAG takeover of Casinos Austria
The EU Commission has approved the joint control of Casinos Austria Aktiengesellschaft (CASAG) by the Czech gaming group Sazka and Österreichische Beteiligungs AG (ÖBAG) without any conditions. The EU authority said Tuesday that the takeover would not raise competition concerns because of its limited impact on the market. The merger was therefore examined using the…
UK – Sazka appoints Sir Keith Mills as Bid Chair for National Lottery licence bid
Sazka Group has announced it has appointed Sir Keith Mills as Bid Chair of the UK team for the fourth National Lottery licence competition. Sir Keith, a successful entrepreneur whose creative talent conceived the loyalty programmes so ubiquitous today. He played a pivotal role in London’s successful bid to host the 2012 Olympic and Paralympic…
Czech Republic – Sazka revenues fall 28 per cent
Czech lottery operator Sazka has announced its financial results for the first six months of 2020, with gross gaming revenues down by 28 per cent to €652m, primarily as a result of the impact of COVID-19 on land-based sales. Operating EBITDA decreased by 42 per cent to €167m and adjusted EBITDA, which excludes certain one-off…
Austria – Sazka completes purchase of Novomatic’s shares in Casinos Austria
Sazka Group has completed its acquisition of a 17.19 per cent stake in Casinos Austria previously held by Novomatic Group, taking the Czech company’s stake in the business to 55.48 per cent. Sazka is a Pan-European lottery operator with aggregate amounts staked of more than €17bn and leading market positions in the Czech Republic, Greece,…
Czech – IGT signs facilities management and licensing contract with SAZKA
IGT Global Services has signed a long-term contract with SAZKA, the market-leading operator of lottery and betting games in the Czech Republic, to provide technology products and services through an upgraded lottery central system, next-generation lottery terminals, a new digital lottery platform, and associated content and services. The contract was effective as of March 31,…
