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

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.
-
eSports6 days ago
Esports World Cup Foundation Confirms Full Game Lineup, Schedule, and Club Championship Rules for EWC 2025
-
Latest News6 days ago
GR8 Tech Powers Smarter Betting with New Match Trackers
-
Press Releases6 days ago
BonusFinder Launches Practical Player Guide to Mastering Online Casino Bonuses
-
Latest News6 days ago
Midnite creates free limited-edition beer for fans to enjoy at World Snooker Championship
-
Latest News6 days ago
The Free Bet Wheel: Betting.bet Increases Player Engagement with New Gamification Tool
-
Latest News5 days ago
ACR POKER’S NEXT HIGH STAKES ADVENTURE TAKES PLAYERS TO MONTENEGRO FOR PRESTIGIOUS SUPER HIGH ROLLER SERIES
-
Asia6 days ago
100 Exclusive Product Launches to Debut at G2E Asia + Asian IR Expo
-
Conferences in Europe6 days ago
Speaking the Player’s Language: Promatic Group’s Take on Game Localization in CEE