Page 2/2

Entertainment Industry

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

JoWood: Losses Over 20 Million Euro

The stock exchange listed Viennese computer game manufacturer Jowood Entertainment AG continues showing massive losses for the half year. A capital reduction is imminent.

November 9, 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
Fast News Search