Tag Archives: Casinos Austria
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…
Austria – Casinos Austria’s General Director Bettina Glatz-Kremsner to step down
Casinos Austria will have a year to find a new General Director following the news that current General Director Bettina Glatz-Kremsner will not be renewing her contract which runs out in April 2022. The Austrian operator said: “After careful consideration, Ms Glatz-Kremsner informed the Supervisory Board at that she won’t be available for a contract…
Austria – Casinos Austria defends position on advertising following OVWG report
The Austrian Association for Betting and Gambling (OVWG) has presented reports that claim the Casinos Austria group is doing too much advertising, a point the state-owned group rejects. The study by journalism professor Jörg Matthes and other researchers from the University of Vienna, examined the impact of Casinos Austria/lottery advertising on consumers from 2009 to…
Japan – Five partnerships to compete for Nagasaki licence
The Japanese coastal city of Nagasaki has confirmed it has had five responses to its request-for-proposal (RFP) process for companies interested in developing an Integrated Resort casino at the Huis Ten Bosch theme park in Sasebo city with one of the groups still to be named. Nagasaki Vice-Governor Ken Hirata said the required investment needed…
Australia – Reef Casino reports strong end to the year
The Reef Casino in Queensland has reported a ‘solid start to the 2nd half year of 2020’ and has as a result revised its estimated profit. The casino’s performance for the 3rd quarter (July 1to September 30) was described as ‘strong with strong rental income.’ “This has resulted in a strong profit for the Trust…
Japan – Two ‘mid-size’ US casino companies and one Asian operator join Nagasaki race
With just a few days to go until the Japanese coastal city of Nagasaki launches its request-for-proposal (RFP) process for companies interested in developing an Integrated Resort casino, three foreign operators have thrown their names into the mix. Nagasaki politicians want to see a casino resort open on land at Huis Ten Bosch, a theme…
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…
Austria – Casino Linz looking to relocate from Schillerpark
Casinos Austria is looking for a new home for Casino Linz, its venue in the capital city of Upper Austria and third-largest city in Austria. It is currently located in Schillerpark right in the city centre. However, PlusCity and LentiaCity boss Ernst Kirchmayr, who majority owns the Schillerpark property, does not want to offer the…
Austria – Casinos Austria could lay-off 500 staff in ‘largest reorganisation in history’
Casinos Austria’s Supervisory Board has agreed unanimously to a tough restructuring program which it says will be ‘the largest reorganisation in the history of the company.’ Reports in the Austrian media claim it is looking to make 500 employees redundant although it says this will save 1,200 jobs. Company pensions will be reduced and salaries…
