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Casinos Austria International in Crisis

The foreign holdings of Casinos Austria International pose major problems for the group, as losses continue.
March 1, 2011


bwin: Possible Separation of the Swedish Subsidiary

Following the merger between the Austrian bwin and the British PartyGaming, bwin could be parted from the Swedish Ongame.
February 8, 2011


bwin: Uncertain Future in Austria

After the approval by the shareholders of the merger with the British PartyGaming, the task division is still to be determined.
January 29, 2011


New Sales Record for Novomatic

The Austrian gaming machine manufacturer considers the industry "on the upswing again". Casino licenses contributed to the result.
January 28, 2011


Casinos Austria Expands to Italy

Loss-making Casinos Austria hopes for a new and lucrative market in Italy.
January 25, 2011


Crash of JoWood’s Share

After the insolvency submission, the Austrian game manfacturer’s shares had to be suspended from trading. On the first trading day, the share fell by 30%.
January 12, 2011


Optimism at JoWood After Insolvency

The Austrian manufacturer of computer games is convinced of the continuity of the company. There are already interested parties with whom negotiations are being held.
January 10, 2011


JoWood Applies For Insolvency Proceedings

The Austrian Computer Game Manufacturer has to declare its efforts towards restructuring as failed. Now the procedure of capital reorganization starts.
January 7, 2011


JoWood Sues Former Shareholder

Vienna Stock Exchange listed JoWooD Entertainment AG today filed a law suit demanding payment of an amount of € 2.36m plus interest.
January 5, 2011


Red Bull Massively Invests in Upper Styria

The Austrian energy drink producer Red Bull re-opens the former Formula1 race track in Styria.
January 1, 2011
Merger Between Bwin and PartyGaming Finished

The common company, bwin.party digital entertainment, will be the world’s largest publicly listed online gaming provider.
December 24, 2010


Potential of Austria's Creative Industries

Mitterlehner and Leitl: the Austrian creative industry accounts for 60,000 cross-industry jobs and acts as an export driver.
December 20, 2010
JoWood is Deep in the Red

The Vienna game developer has to accept a loss of over € 25m in the first three quarters. Sales have fallen sharply.
December 17, 2010


A Las Vegas for Europe

On the Austria-Hungarian border, the European “EuroVegas” gaming metropolis is to be built for € 5.0bn.
December 8, 2010
Significant Losses at JoWood

The Vienna computer game manufacturer JoWood released its semi-annual report. The loss amounts to € 24 million.
December 5, 2010
Bwin Announces Q1-Q3 2010 Results

Considerable decline in earnings and profits: EBIT fell by 70%, Result after tax shrank by 67%.
November 18, 2010


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
bwin Notifies Merger with PartyGaming to Competition Authority

Transfer to the London Stock Exchange is bad news for the Viennese financial center. The merger will create the world's biggest betting provider.
October 20, 2010


Bratislava: Investment in Slovak 'Las Vegas' in Danger

Bratislava might lose the planned amusement park "Metropolis", with an investment amount of 1.5 billion euro, if the Slovak government revokes the already approved tax concessions.
October 7, 2010
After its merger with PartyGaming, bwin has moved its headquarters to Gibraltar

The domestic Internet betting provider bwin recently merged with the British PartyGaming, and becomes the world's largest betting provider. However, the company has moved its headquarters from Vienna to Gibraltar after the takeover.
September 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


JoWooD Entertainment AG postpones publication of results for Q2 2010

The current state of the consolidation indicates that the group incurred a substantial loss during the first half of 2010 and the management is currently unable to provide reliable information regarding the extent of such losses.
August 18, 2010