Central Europe
Czech gambling investment groups KKCG and EMMA Capital decide to split on SAZKA
Czech gambling investment companies KKCG and EMMA Capital have agreed up on splitting their share holdings of SAZKA Group.
According to the agreement, KKCG, owned by investor Karel Komarek, will get the following: full ownership of SAZKA Group, the biggest shareholder position in Greek betting firm OPAP, and the shares it holds in its Czech lottery unit, as well as OPAP, Italy’s LOTTOITALIA and Casinos Austria.
EMMA Capital, the investment group of investor Jiri Smejc, will now own SAZKA’s shares in Croatian sportsbook company SuperSport and financial compensation of several hundred million euros. SAZKA Group had previously announced that it was looking at an initial public offering in London to help fund growth in Europe and both Karel Komarek and Jiri Smejc have confirmed such a move is still on the table.
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