Tag Archives: Sazka Group
Czech Republic – SAZKA posts 66 per cent GGR rise
SAZKA’s financial results for the third quarter show consolidated gross gaming revenue increased by 66 per cent year-on-year to €769m. Consolidated operating EBITDA increased by 37 per cent year-on-year to €197m. Consolidated adjusted EBITDA, which excludes certain one-off items, increased by 32 per cent year-on-year to €207m. Consolidated profit after tax decreased by 33 per…
Czech – Apollo Global invests €500m into Sazka Group
Apollo Global Management is investing €500m (£448.1m/$591.8m) into Sazka Group, with the formation of a new company Sazka Entertainment who will own Sazka Group. Sazka, who runs lottery businesses in the Czech Republic, Greece, Cyprus, Austria and Italy, as well as owning Casinos Austria and a 40 per cent share in Greek operator OPAP, said…
UK – Sazka enters race for UK national lottery licence
Sazka Group has announced that it has entered the Gambling Commission’s competition to become the operator of the fourth licence to run the UK National Lottery by completing its response to the Gambling Commission’s Selection Questionnaire. Commenting on the company’s decision to enter the competition, Sazka CEO, Robert Chvatal, said: “As a leader in operating…
Austria – Sazka announces intention to take sole control of Casinos Austria
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…
