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Casinos Austria Board Approves Restructuring Plan with 500 Redundancies

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Casinos Austria Appoints New Members to the Supervisory Board
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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.”

Central Europe

Mindway AI and the DSWV offer self-testing through AI

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Mindway AI and the DSWV offer self-testing through AI
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For the nationwide day of action against gambling addiction 2023, the German Sports Betting Association (DSWV), in cooperation with Mindway AI, is providing a self-test on its homepage that gives players the opportunity to have their gambling behaviour analysed.

Rasmus Kjaergaard, CEO of Mindway AI, explains the principle: “Gamalyze analyzes the game behavior under real-world conditions, namely while the player randomly draws cards with which he either wins or loses money. Even if it’s just play money, the personal risk of risky gambling behavior can be determined much better than with classic questionnaires.”

At the end, players receive a score, an assessment of their risk behavior and actionable tips on their gambling behavior: For example, setting a budget, taking a break or using winnings to treat themselves. Based on neuroscientific findings, Gamalyze analyzes how players react to certain stimuli – such as temporary losses or gains.

For millions of people in Germany, gambling is a harmless leisure activity. Sports betting, in particular, has arrived in the middle of society and is an integral part of the sports experience. But gambling also carries risks: a very small proportion of consumers can develop gambling behaviour that is questionable or even problematic. Gambling addiction is a serious issue and the gambling providers licensed in Germany are always breaking new ground in order to detect an imminent problematic gambling behavior among their customers at an early stage and to take preventive action against it.

“The DSWV is always working with its members and partners to make legal gambling more attractive for customers,” says Mathias Dahms, President of the DSWV. “The fun of the game is what unites us all. Player protection is a central component of this. We are pleased that we can improve player protection in Germany together with Mindway AI and now also make a self-test available to players and interested persons on our homepage.”

Innovation in the gambling industry does not only take place in the gambling offerings. Gambling, which is becoming increasingly digital, also offers new and effective tools in the area of player protection. One of the world’s leading companies in this field is the Danish company Mindway AI, a partner of the German Sports Betting Association. In addition to software for the early detection of problematic gambling behavior, it offers Gamalyze, a neuroscience-based self-test of decision-making in gambling. In this way, the personal risk for risky gambling behavior can be identified in a scientifically sound and playful way.

Mathias Dahms is convinced: “Gambling has never been as safe for customers in Germany as it is today in the legal market. The gambling and sports betting industry is a driver of innovation in many digital areas – including gambling addiction prevention.”

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Central Europe

FeedConstruct Extends Partnership with Czech Handball and Expands Content Portfolio

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FeedConstruct Extends Partnership with Czech Handball and Expands Content Portfolio
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FeedConstruct, a noted real-time data and digital content provider, is excited to announce the extension of its partnership with the Czech Handball Men’s Extraleague. This updated partnership comes with a significant expansion of content offerings, enriching the handball experience for fans worldwide.

According to the partnership, besides Czech Handball Men’s Extraleague, FeedConstruct will now also cover Czech Handball Men’s Cup and Women’s Cup matches, starting from the quarter-final stage of these prestigious tournaments. This promises to bring more thrilling handball action and insights.

Here’s a quick overview of the key details:

  • Tournament Schedule: The Czech Handball Men’s Extraleague runs from August 31 to May, while the Czech Handball Men’s Cup and Women’s Cup take place from September to March.
  • Exclusive Coverage: FeedConstruct will hold the exclusive data coverage rights for the Czech Handball Men’s Extraleague and both video and data rights for the Czech Handball Men’s Cup and Women’s Cup.
  • Number of Teams: The Men’s Extraleague features 13 teams, while the Men’s and Women’s Cups include 8 teams each from the quarter-final round.
  • Extensive Match Coverage: The upcoming season will witness an impressive lineup of over 200 matches for the Men’s Extraleague and a total of 14 exciting matches for the Men’s and Women’s Cups.

Czech Handball is getting ready for the 2023/24 season, which promises some intense competitions. Teams are not only trying to win local championships but also looking to qualify for international tournaments like the EHF Europa League and European Cup. In the men’s competitions, watch out for Talent Plzen, the current champion, and HCB Karviná, who have won 12 times. In the women’s matches, Slavia Prague is ready to challenge Banik Most, the three-time CZ Handball Women’s Cup winner. It’s going to be an exciting season with lots of competition!

With this partnership prolongation and expanded content, FeedConstruct looks forward to delivering an enhanced and immersive handball experience.

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Central Europe

STS Gains Advertising Rights for UEFA Europa League

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STS, the Polish sports betting company that was acquired by Entain in August, will be able to activate advertising rights for the UEFA Europa League and the UEFA Europa Conference League in Poland.

The acquisition was announced on 13 June, with a £750m ($946.3m) proposed fee to purchase the sportsbook operator.

As Entain is already partnered with UEFA Europa League and the UEFA Europa Conference League, the rights can subsequently be activated by STS.

These will include localised marketing activities and services that can be used from the first round of matches.

Paweł Rabantek, CMO of STS, said: “STS has for years been the best-known and most recognisable brand among bookmaker companies in Poland.

“The possibility of synergy in marketing activities after the takeover by Entain brings a number of benefits for us, which will allow, among other things, to strengthen this position.

“I am glad that we have been able to implement all the advertising benefits possible for both the UEFA Europa League and the UEFA Europa Conference League from the first match day.”

STS is also the largest private entity in the domestic sponsorship market, being the official sponsor of the Polish national football team, Raków Częstochowa, Korona Kielce, GKS Katowice, Jagiellonia Białystok, Zagłębie Lubin, Podbeskidzie Bielsko-Biała and Widzew Łódź, as well as the Grupa Azoty ZAKSA Kędzierzyn-Koźle volleyball team.

Rabantek added: “At the same time, I can already announce that the benefits of the partnership will also be perceivable to fans and our customers, including through the opportunity to win tickets through attractive promotional campaigns we plan.”

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