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Poland’s LV BET becomes the official sponsor of Stal Mielec

Niji Narayan

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Poland’s LV BET becomes the official sponsor of Stal Mielec
Image Source: mielec.pl
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LV BET Zakłady Bukmacherskie company has signed a deal with the Polish football club Stal Mielec to become the official sponsor of the club till 2021.

As part of the deal, the LV BET logo will appear for the first time on the sleeve of the match shirt. The contract also includes sponsor’s displays during matches played at the facility in Mielec. The logo will appear on static bands and LED bands, advertising materials on the stadium and press walls. The cooperation will also include activities in social media, club television and on the club’s website.

“Together, we believe in success and measurable effects of cooperation with new clubs that can achieve a good sports result. This is the basis for long-term activities in the context of sports sponsorship. We consider cooperation with the team from Mielec to be an investment in the future. We are convinced that it will be fruitful for both sides and together we will write the story of Stal, which will refer to the greatest sports successes of the club.” said Łukasz Kieza, LV BET Country Manager.

“I am very happy that I was able to contribute to the cooperation between the highly respected LV BET company and the Stal Mielec club. I am sure that it will bring tangible benefits to both parties and will translate into successful functioning of the club in the years to come.” said Tomasz Poręba, vice president of the Polish Olympic Committee.

“Thank you for trusting us. We are very happy that another serious Sponsor joined our team and became the driving force of Stal Mielec on the way to its former glory.” Stal Mielec President Jacek Orłowski added.

 

Central Europe

Casinos Austria Board Approves Restructuring Plan with 500 Redundancies

Niji Narayan

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Casinos Austria Board Approves Restructuring Plan with 500 Redundancies
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The Supervisory Board of Casinos Austria has approved the restructuring plan which it claims would be “the largest reorganisation in the company’s history.”

According to news in the Austrian media, it plans to make 500 workers redundant as it claims that this would save 1200 jobs. Company pensions will be reduced and up to 25% of salaries could be cut.

SAZKA CEO Robert Chvatal, the majority shareholder in Casinos Austria, said: “This is about saving a company that is in an extremely difficult situation due to its structure and the changed world. We do not want to sell casinos; we want to make them fit for the future.”

General Director Bettina Glatz-Kremsner said: “The Supervisory Board took an important step today to make Casinos Austria AG fit for the future by 2022. The implementation of the ‘ReFIT’ package of measures presented by us today as the board of directors will be the largest reorganisation in the company’s history, which will secure Casinos Austria’s position as THE gaming provider in Austria in the long term.”

“Like many other companies, Casinos Austria was hit hard by the Corona crisis, which made it necessary for the board, the supervisory board and the owners to act quickly and responsibly. Especially because the expected consequences from Corona will also pose great difficulties for us in the near future. But even before the Corona crisis, there was a clear need for action due to the changed framework conditions in our casinos and also at the headquarters and not least because of the smoking ban,” she added.

The two main owners’ representatives are both pleased with the strategy and make it clear they are completely behind the direction they have chosen.

Thomas Schmid, board member of the ÖBAG stated: “It is not about politics or the nationality of the shareholders. It’s not about maximising profits, but about avoiding future losses. It is about saving a company that is in an extremely difficult situation due to its structure and the changed world. We don’t want to sell casinos, we want to make them fit for the future. We support the ReFIT recommendation of the team of experts headed by Bettina Glatz-Kremsner, who worked hard on this plan for several weeks. The concept is based on facts, figures and great judgement as well as valuable inputs from other markets. But it also takes into account the company’s employees by saving 1200 jobs. The management team has our full support to make the company fit again.

“We trust the CASAG management project under the leadership of Bettina Glatz-Kremsner. ÖBAG was particularly committed to preserving as many jobs as possible and all 12 casino locations. It is important to us to carry out the planned measures in a socially acceptable manner and with the involvement of the works council.

“The management assured us that in view of the great challenges for CASAG, the restructuring of the company is essential. The company can only remain successful if the proposed measures are implemented. CASAG is an important company in ÖBAG’s portfolio. As a major tour operator and taxpayer, the company makes a significant contribution to Austria as a business location. The long-term increase in the value of the stake and player protection are central cornerstones of a successful corporate strategy at CASAG.”

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Central Europe

NSoft’s numbers betting for Fortuna Czechia’s web

George Miller

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NSoft’s numbers betting for Fortuna Czechia’s web
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Fortuna Czechia has integrated NSoft’s numbers betting games into its existing online business for the Czech Republic’s market. Lucky Six, the most popular draw-based betting game from NSoft, is now available to Fortuna Czechia’s online players. The web integration has also included Lucky X and Next Six, irreplaceable companions of Lucky Six evergreen.

Lucky Six by NSoft has been thriving in Fortuna Czechia shops. The game was first released at the beginning of 2019 in retail. It exceeded and doubled the results compared to the initial expectations and projections. The popularity of the game among Fortuna Czechia’s players has paid off for one lucky winner in particular. Namely, in February 2020, a lucky Lucky Six’s player won an impressive amount of 24.9K EUR.

“Lucky Six excels. The game is popular at every market and on every channel. Neat design and simplicity are the main assets of Lucy Six followed by clean backend solution and constant improvement of user experience and user interface. It really stands out. We are very happy to have it integrated into Fortuna Czechia web as well, after a successful year and a half in Fortuna’s bet shops” stated Karlo Kralj, Regional Sales Manager at NSoft.

“Based on a great experience with the Lucky Six lottery launched in our retail stores in 2019, I’m happy to announce that also our online customers can enjoy this unique game on mobile and desktop. In addition to Lucky 6, we have introduced another 2 new games and I believe all of them will become very popular and attractive to both our existing and new customers,” said David Vaněk, CEO of Fortuna Czech Republic.

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Central Europe

STS Completes Acquisition of Betsys

Niji Narayan

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STS Completes Acquisition of Betsys
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Polish bookmaking giant STS has completed the acquisition of Czech betting software provider Betsys.

Under the agreement, the terms of which were not disclosed, STS will take full ownership of Betsys, a software business in which it was already the majority shareholder. It acquired a 50% stake in the supplier’s parent company Greep in April 2017.

Betsys is STS’s main provider of software for both online and retail channels, and also counts the likes of Czech gaming conglomerate Sazka among its clients.

STS did not state what impact the acquisition would have on its financial results, but did reveal that Betsys generates “revenues of several million Euros per year.”

“This is a significant investment which secures our further development. The proprietary bookmaking system, and the possibility for its in-house development, constitutes a key advantage in our industry. We have already been generating more than 85% of our revenues via online channels, so further growth in IT solutions is of strategic value to us,” Mateusz Juroszek, chief executive of STS, said.

“The integration of Betsys and STS is not only a confirmation of the high quality of our services but above all, it allows us to expand our competence in the sector of IT solutions for the bookmaking industry, which is growing dynamically,” Jiri Najman, chief executive of Betsys, said.

“Betsys, as part of the STS Group, is guaranteed stable growth and the possibility of creating and developing significant competitive advantages for the bookmaker in terms of technology,” Jiri Najman added.

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