CASAG Casinos Austria AG

Corruption in Austria: Thomas Schmid Wants to Become a State Witness and Incriminates Kurz Government Heavily

The former head of ÖBAG and Secretary General in the Ministry of Finance, Thomas Schmid, has heavily incriminated ex-Chancellor Sebastian Kurz (ÖVP), his former close companion, in the Casag proceedings triggered by the Ibiza video and wants to become a state witness in the proceedings against Kurz. This was announced by the Economic and Corruption Prosecutor's Office (WKStA). Schmid had approached the investigators with the request, but a formal application had not yet been made.

October 19, 2022

Casinos Austria: Dutchman Erwin van Lambaart Appointed New CEO

The current head of Holland Casino, Erwin van Lambaart (58), will take over from Bettina Glatz-Kremsner the management of the partly state-owned gaming group Casinos Austria AG on April 1, 2022.

November 24, 2021

Ibiza Affair Committee Concludes in National Council: How Corrupt are Austrian Politicians?

How corruptible is Austrian politics? This question was explored by the deputies in the National Council session when discussing the recently published final report of the Ibiza-Affair Investigation Committee. Although the report was unanimously acknowledged, the parties were far apart in their conclusions.

September 23, 2021

ÖBAG: Attorney Edith Hlawati to Succeed Thomas Schmid

The Supervisory Board of Österreichische Beteiligungs AG (ÖBAG) has appointed the internationally recognized business lawyer Dr. Edith Hlawati as the new Chief Executive Officer of ÖBAG. She will succeed Thomas Schmid and take over the management of the state holding on 1 February 2022. Learn more about her and the selection process.

August 30, 2021

Casinos Austria International in Japan: Casino Resort Milestone Completed

CAI, a wholly owned subsidiary of Casinos Austria AG, has cleared an important hurdle in an elaborate selection process in Japan (Nagasaki Prefecture) for one of the three casino licenses to be awarded.

August 20, 2021

Gambling: CEO Neumann Abruptly Left Novomatic

The Group has been in the limelight for a year because of a corruption scandal. Official reasons for the departure are "family reasons", but various media are reporting disagreements with Johann Graf, sole shareholder of the two parent companies Novo Invest GmbH (Austria) and NOVO Swiss AG (Switzerland). Ryszard Presch and Johannes Gratzl are jointly taking over his task.

March 2, 2020

Casinos-Austria Affair: Austria's Previous Finance Minister No Longer Available

Austria's former and potentially future Finance Minister Hartwig Löger is no longer available for another term in office. A connection with the current Casinos-Austria Affair, in which the Office of the Public Prosecutor for Economic Affairs and Corruption (WKStA) is investigating, would not exist.

November 13, 2019

Casinos Austria Appoints Bettina Glatz-Kremsner as New CEO

Ms Bettina Glatz-Kremsner succeeds Mr Alexander Labak as Director of the Management Board of Casinos Austria AG.

April 6, 2019

Palais Esterházy: Oldest Building on Vienna's Kärntner Strasse Restored

Casino Wien, a subsidiary of CASAG Casinos Austria AG, is investing in the preservation of the venerable Palais Esterházy at Wiener Kärntner Straße 41. The heritage-protected facade will be restorated from summer 2019.

April 6, 2019

Austrian State and Industrial Holding will be Reorganized Again

The holding company of the Austrian federal shareholdings (ÖBIB) is to be restructured and given a new boss. The existing structures created by the red-black predecessor government will soon be history again. The law for a new holding company of the Republic is to be examined in the next few days. Its boss is to be Thomas Schmid, general secretary in the Federal Ministry of Finance.

October 3, 2018

Alexander Labak Leaves: Casinos-Austria Seeking New CEO

At yesterday's meeting of the Casinos Austria Supervisory Board, the Management Board presented plans for modernising and strengthening the casino business in Austria and internationally. However, a bang came from CEO Alexander Labak, who will leave the company at the end of 2019.

September 26, 2018

Casinos Austria International Will Not Be Sold

Casinos Austria AG (CASAG) stops the sale of Casinos Austria International (CAI).

April 11, 2018

Czechs Jirí Šmejc and Karel Komárek Want to Take Control of Casinos Austria

The Czech consortium Austrian Gaming Holding (AGH) of billionaires Jirí Šmejc and Karel Komárek, headquartered in Prague may soon be new majority owner of Casinos Austria AG. According to the Federal Competition Authority (BWB), Austrian Gaming Holding intends to increase one hand its stake in Medial to 88.89 percent and on the other hand to acquire 16.79 percent of Casinos Austria AG shares. Through these acquisitions, AGH will hold directly or indirectly 50.82 percent of the shares and thus acquire sole control of the CASAG.

January 21, 2016

UNIQA Insurance Group AG / UNIQA resolves sale of indirect interest in Medial Beteiligungs-GmbH to Novomatic AG

UNIQA Insurance Group AG (UNIQA Group) is to sell its approximately 29% interest in Medial Beteiligungs-GmbH (Medial), which in turn has an approximately 38% stake in Casinos Austria AG, to Novomatic AG. UNIQA's interest in Medial thus equates to an 11.4% interest in Casinos Austria AG.

July 28, 2015

Casinos Austria to Challenge Concessions for Competitors

Casinos Austria, has challenged three new casino licenses. Complaints were submitted to the ministry of finance on Thursday afternoon - "Wiener Zeitung” reported. With this move Casinos Austria wants to hamper the plans of its rivals - Novomatic (concessions for Bruck a.d. Leitha and Prater) and Schweizer Stadtcasinos Baden (Schwarzenberg Palace in Vienna).

July 25, 2014

Austria's Top 10 brands: Red Bull Extends its Lead

The drinks giant has further increased its lead as Austria's most valuable brand. The top ten brands have a value of almost € 33bn.

July 13, 2012

Casinos Austria International Records Massive Losses

Casinos Austria Group posts minimal profits. Losses of the subsidiary Casinos Austria International could be offset by the Austrian division.

April 14, 2012

Casinos Austria to Enter Vietnam

The Austrian gambling company will operate a casino in a luxury hotel in the Vietnamese capital Hanoi. Further expansions are planned.

October 17, 2011

Frank Stronach to Apply for Casino Licenses

The Austro-Canadian founder of Magna and the German Gauselmann Group establish a company with the goal of entering the Austrian gambling market.

August 26, 2011

Casinos Austria Withdraw from Project in Liechtenstein

The Austrian gaming group had applied for the only casino concession in the principality. It now decided to give up its plans due to widely differing ideas of its partner.

July 6, 2011

Novomatic Not Interested in Lottery Concession

The Austrian gaming machine manufacturer is not interested in expanding into the lottery business. The company will only apply for casino licenses.

June 29, 2011

Upheaval in the Austrian Gambling Market

Casinos Austria are going to face competition. The exact conditions for granting the casino concessions have not been decided yet.

May 17, 2011

Casinos Austria: Barely Positive

The gambling group managed to prevent a net loss despite massive losses abroad in 2010. Net income is valued at € 3.7m.

March 31, 2011

Casinos Austria International in Crisis

The foreign holdings of Casinos Austria International pose major problems for the group, as losses continue.

March 1, 2011

Casinos Austria Expands to Italy

Loss-making Casinos Austria hopes for a new and lucrative market in Italy.

January 25, 2011

Protectionism in Favor of Casinos Austria and Novomatic?

The licenses for lotteries and casinos after 2011 are already reserved for Novomatic and Casinos Austria, is the allegation.

November 3, 2010

Online Sports Betting: Competition from William Hill

Local providers of online sports betting get a new competitor. William Hill, Britain's largest betting shop operator (about 2,300 stores) has launched its own Internet offering for Austria.

October 13, 2010

Gambling - Awarding of Austrian concessions not in line with EU laws

After Germany, the domestic monopoly must also be abolished. According to the EU Court of Justice, the awarding of the concession to Casinos Austria is against EU laws due to the lack of a call for tenders.

September 9, 2010

Casinos Austria International in the red

The overseas subsidiary of Casinos Austria, Casinos Austria International (CAI), fell deep into the red in the first six months of 2010.

September 1, 2010

Casinos Austria Opens Casino in Glasgow

Third CAI project in 2010 – total investment of € 50 million.

September 1, 2010