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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
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Novomatic Takeover of Australian Rival Delayed
The planned investment of the Lower-Austrian gambling group Novomatic in the Australian rival Ainsworth Game Technology has been delayed. Ainsworth will postpone general assembly scheduled for June 3 by up to 30 days. It is at the meeting that shareholders are supposed to approve the deal.
May 25, 2016
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
Romania: Austrian Investors Demand Transparency
In an interview with Business Review Romania, Rudolf Lukavsky, commercial counselor for Romania and Moldova at the Austrian Embassy described the downsides and advantages of the economic environment in the country.
September 17, 2013
Novomatic Expands into U.K.
Astra Games Limited, part of the Austrian Novomatic Group confirmed that, the purchase of trade and assets of the Danoptra Group companies Gamestec Leisure, Bell-Fruit Games, RLMS Sales and Mazooma Interactive Games has now been formally concluded.
July 20, 2012
Red Bull Remains Austria´s Most Expensive Brand
The energy drink producer has Austria´s most valuable brand. Red Bull´s brand value was up by 3.9% and reached € 13.93bn.
July 4, 2012
Rising Revenues at Novomatic
The Austrian vending machine producer recorded a 17.2% in revenues. The gambling segment was Novomatic´s growth driver.
May 22, 2012
Novomatic Continues its Success in Italy
Novomatic celebrates a historic milestone in Italy, Europe’s largest gaming market. Italy is now operating the 10,000th video lottery terminal produced by Novomatic in Gumpoldskirchen, Austria.
October 20, 2011
New Subsidiary of Novomatic Applied for Licenses
In a reaction to the amendment of the Austrian gaming law Novomatic has created a new company as an exclusive operating unit for the Austrian gaming market.
September 16, 2011
Novomatic Abandons IPO Plans
The Austrian gaming machine manufacturer is considering placing a bond in order to raise capital for global growth.
September 8, 2011
Novomatic Continues on Growth Course
The Austrian gaming machine manufacturer achieved a plus in revenue of 17% in the first half of the year. EBIT remained stable at € 108.6m.
August 30, 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
Fourth Applicant for Lottery Concession
The Ministry of Finance received one more application for the lottery license. Meanwhile, the guessing game on names continues.
August 11, 2011
Three Applicants for Lottery Concession
The match for the Austrian lottery license goes into its final round. Three companies have submitted an application.
August 3, 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
Austrian Companies Interested in Greek Lottery
As Greece is forced to put its assets on sale, Austrian gaming companies see chances for an acquisition of the country’s national lotteries.
June 17, 2011
Novomatic Returns to Russia
The Austrian gaming machine manufacturer intends to cooperate with a Russian casino operator after it had to pull out of the country in 2009.
May 23, 2011
Novomatic Considering Application for Lottery Concession
The Austrian gaming machine manufacturer is interested in expanding into the lottery business. An IPO is considered as an option for improving its financing structure.
May 18, 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
Vienna Stock Exchange: Winners and Losers (2010-11-08)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
November 8, 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
Corporate Bond of Novomatic: Surprisingly High Demand
Issuing volume has been doubled. The placement process has been closed very early, Novomatic-boss Wohlfahrt is content with the succesful bond issue.
October 22, 2010
