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Novomatic Acquires Casino Riviera

Niji Narayan

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Novomatic Acquires Casino Riviera
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Novomatic, the Austria based gaming group, has taken over Casino Riviera in the Slovenian seaside resort of Portorož. The acquisition was made a few days ago. Novomatic now controls nine out of 26 licensed casinos in the country.

Novomatic acquired Casino Princess in Nova Gorica in June. In the past few years, Novomatic acquired the casinos Kongo near Grosuplje just south-east of Ljubljana and Lev in Ljubljana from Slovenian entrepreneur Joc Pečečnik.

Under the Admiral Slovenija brand, the Austrian group also operates casinos and hotels in Kozina (Admiral Casino Mediteran), Škofije (Casino Carnevale) and Ptuj (Casino Poetovio) and gaming parlours in Maribor (Casino Joker) and Lesce (Casino Tivoli).

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Central Europe

Czech Ministry of Finance Defends its Decision to Increase Gambling Tax

Niji Narayan

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Czech Ministry of Finance Defends its Decision to Increase Gambling Tax
Photo Source: radio.cz
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The Ministry of Finance of the Czech Republic has defended its decision to introduce higher taxes on certain gambling activities, after a national newspaper claimed the tax hike would harm the country’s land-based market. The Ministry said that income from the higher taxes will help support its efforts to protect people from gambling-related harm.

From January 2020, a new structure will split taxes into three tiers, according to how harmful the government perceives the activity to be. Gambling tax is currently set at 23% of gross gaming revenue (GGR,) with the exception of gaming machines, which are taxed at 35% of GGR. Lotteries, live games and bingo operators will be taxed at 30% of GGR, up from the current rate of 23%, while the rate for fixed-odds betting will rise from 23% to 25%.

Jiří Dolejš, a member of the parliamentary budget committee for the Communist Party of Bohemia and Moravia (KSČM), said the government should reconsider the decision before implementing the new regulations.

Dolejš put forward an alternative proposal whereby the rates for lotteries, live games, bingo and fixed odds betting would remain the same, but the tax rate on gaming machines would be increased from 35% to 38%. He added that the government should be focused on tackling online gambling, claiming the channel was riskier than certain forms of land-based gambling.

“The main intention is to raise taxes for slot machine operators, which are the most harmful. The point is to reasonably maintain different rates of gambling taxation according to social risk, but the Ministry of Finance was not interested in this debate,” Dolejš said.

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Central Europe

Totalizator Sportowy Receives Digital Excellence Award

Niji Narayan

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Totalizator Sportowy Receives Digital Excellence Award
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Totalizator Sportowy has received an award in the Gala Digital Excellence Awards 2019. The award was for the Digital Transformation category.

The award was received by Aida Bella, Director of the Sports Spokesman’s Totalizator Office and Albert Pasek managing the Product and Technology Project Management Team in the company.

“Being among the 10 finalists, we didn’t know until the very end whether we would be awarded in one of the six categories, and yet we were successful – members of the CIONET community voted for us! We have won over projects of several large companies. We can speak of a great distinction, because the CIONET Community category is considered the most unique! This is due to all employees of our company who contributed to the company’s entry into the e-commerce market,” Aida Bella said.

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Central Europe

Superbet Secures Online Betting License in Poland

Niji Narayan

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Superbet Secures Online Betting License in Poland
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Romanian bookmaking company Superbet has secured an online betting license in Poland.

In April, Superbet Zakłady Bukmacherskie submitted the necessary documents to the Ministry of Finance to obtain permission for online sales. The licensing process went smoothly and the regulator issued official permission to conduct online operations of the company based in Katowice.

Superbet is the seventeenth company that can legally offer online betting services in Poland. The Superbet group has undergone many changes in recent months and former CEO of Paddy Power Betfair, Johnny Hartnett, has been appointed as its new CEO.

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