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Being assigned as the next functionary, Glawischnig-Piesczek gets her foot in the door of Novomatic

Niji Narayan

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photo credits: https://commons.wikimedia.org
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Defending her former party’s official standing on gambling, Eva Glawischnig-Piesczek has begun to work as the new functionary of Novomatic, an international gambling company. On Friday, the preceding leader of the Austrian Green Party made it loud and clear about she being assigned a new job at the eminent gambling firm, irrespective of the party’s staunch anti-gambling platform.

As commented by Die Presse, Eva Glawischnig-Piesczek’s about-turn was called “the most spectacular in recent political and economic history” which has prompted widespread comment in other media outlets.

Glawischnig-Piesczek had been in the forefront of  the party from 2008 to 2017 and was determined  to back-up anti-gambling measures such as the city of Vienna’s 2015 ban on slot machines, with the exception of those in casinos.

In view of this, going forward, Novomatic’s corporate responsibility and sustainability efforts will rest on he Eva Glawischnig-Piesczek’s shoulder.

In a statement announcing the appointment, Novomatic CEO Harald Neumann said, although Glawischnig-Piesczek had clashed with the company in the past, recently she had “got to know Novomatic better and we saw that for the most part, our views were the same”.

Glawischnig-Piesczek herself said she would not lose her “critical spirit” at the company but that it wasn’t possible to “get rid of gambling just by banning it”.

Many of her former colleagues in the Green Party took to social media to express their outrage and disappointment at her decision.

It comes at a particularly embarrassing moment for the party, still seeking to recover after losing all its MPs in last year’s national elections and facing a similar fate in a regional poll on Sunday in Glawischnig-Piesczek’s home state of Carinthia.

With a turnover of 2.6 billion euros (RM12.6 billion) in 2016, Novomatic is one of the world’s biggest gambling technology companies with operations in dozens of countries worldwide.

Central Europe

New Products Help Mitigate Fall of Gambling Revenue in Poland

Niji Narayan

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New Products Help Mitigate Fall of Gambling Revenue in Poland
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The new figures published by Poland’s finance ministry have revealed that while the gambling revenue decline for the year to date, newly regulated products helped mitigate the falls in online betting and land-based gaming.

The gross gaming yield projections provided by H2 Gambling Capital revealed that the total for the year to June 11 is expected to fall 9.5% from 2019’s figures. This is significantly lower than the 19.6% decline projected across all EU markets.

Poland’s lower projected decline was due to the development of newly regulated verticals such as online casinos and land-based arcades. Online casino revenue grew 96.7% for the year to June 11, aided by growth from Totalizator Sportowy’s Total Casino site.

Total Casino is Poland’s only legal online casino site which was launched in December 2018. The casino saw new player sign-ups grow significantly this year, according to the Ministry. This in turn took revenue from offshore sites, which saw casino revenue fall 25.0% for the period.

Total online revenue was up 0.3%, with a 14.2% decline in sports betting – during a period in which sporting events were suspended during the Covid-19 crisis – offset by growth in online casino and online lotteries (up 26.2%).

For the land-based sector, revenue across all verticals was down 13.1%, largely down to a 27.3% drop in casino yield and a 25.4% decline for betting. Number games such as lotteries saw gross gaming yield fall 8.6%. However, gaming arcades saw their contribution rise 41.4% over the period.

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Central Europe

TV games by TVBET now available at legal Polish operator forBET

George Miller

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TV games by TVBET now available at legal Polish operator forBET
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The leading content provider in the niche of live TV games TVBET has made it possible for players from Poland to wager on versatile products in a convenient way for them. Thus, the chosen 3 card games are now available at the forBET’s offering.

In this way, forBET, a legal sportsbook operating in Poland meets the expectations of local players that are characterized by a strong interest in card games online. The operator offers its clients very attractive odds values, thus obtaining market recognition. Its advantage is also a wide range of events and sport disciplines, which many traditional bookmakers can envy.

It should be noted that games by TVBET are added to the forBET website since June 17 and the players can now enjoy it. The latter includes 3 games as PokerBet, 21Bet, and War of Elements in its brand-new ‘Card Games’ section:

  • PokerBet a popular online game for betting punters with well-known rules of Texas Hold’em Poker. The game takes place in live mode without interruption around the clock;
  • 21Bet (or Black Jack) is one of the most popular card games around the world. The presenter (dealer) leads the game, commenting on the points scored by the imagined players and chances of winning or losing;
  • War of Elements a simple and fast card game between player and dealer. The presenter (dealer) welcomes players with each new draw.

Traditionally, all the content is streamed throughout the world from one point – TVBET’s modern studio. Notably, the prevailing part of employees there, like TV presenters or technical crew, are the Poles, since the studio is based in Warsaw, Poland. And that’s why forBet’s customers will definitely feel even more loyal to the product.

“As one of the largest bookmaking companies on the Polish market, we focus on innovation and user-friendly solutions since the beginning of our activity. We are very pleased to establish cooperation with TVBET, which allows us to offer players unique entertainment on the Polish market. We are convinced that the possibility of betting on the outcome of card games like poker, war or blackjack will be of great interest to our customers”, – said Pawel Majewski, Head of Marketing at forBET.

“In the near future, we plan several promotional campaigns related to the launch of bookmakers’ betting on the results of card games. We are convinced that they will appeal to our players who will find even more, even better entertainment on forBET”.

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Central Europe

Sazka Group Completes its Acquisition of Novomatic’s Casinos Austria stake

Niji Narayan

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Sazka Group Completes its Acquisition of Novomatic’s Casinos Austria stake
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Sazka Group has completed its acquisition of a 17.19% stake in Casinos Austria previously held by Novomatic Group. This sees Sazka increase its stake in the business to 55.48%.

“Together with our fellow shareholders, we are looking forward to increasing the value of Casinos Austria – a treasured national brand – for the benefit of customers, employees, and most importantly of all, Austrian society,” Robert Chvatal, chief executive of Sazka, said.

When the deal was announced, Sazka and Novomatic admitted that the joint control had not led to significant growth for the business and that it would be better served by a single leading shareholder. As Novomatic had a smaller stake, it agreed to sell this to Sazka.

This was followed by an agreement between Sazka and Österreichische Beteiligungs AG (ÖBAG), the body responsible for managing the Austrian state’s investment activities, to jointly manage Casinos Austria in March this year.

ÖBAG, which holds a 33.20% stake in the operator, had come under pressure from the Social Democratic Party of Austria (SPÖ) to exercise its right of first refusal over Novomatic’s stake, rather than allow it to be acquired by a foreign business. Instead, ÖBAG waived these rights.

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