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NOVOMATIC Group catches the lion share of attention at ICE Totally gaming with its grand appearance

Niji Ng

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NOVOMATIC GROUP, one of the biggest international producers and operators of gaming technologies in Europe captured the lion share of attention once again with its biggest appearance at ICE Totally Gaming London, the world’s most important gaming fair. Here a total of 25 group companies presented the NOVOMATIC Group’s comprehensive product portfolio from February 6th-8th, across an expanse of approximately 4,700 m². The offers at the NOVOMATIC exhibition stand ranged from high-tech casino equipment, systems and cash management solutions to arcade and pub products, sports betting, online, mobile and social gaming etc.

Harald Neumann, the CEO of NOVOMATIC AG said at a press conference at ICE London: “With this trade show appearance, which was again the largest, NOVOMATIC persists  to prove that as a full-service provider, we are among the world’s leading gaming technology groups.”

During the fair, Harald Neumann made an initial assessment of the 2017 fiscal year of the NOVOMATIC Group. The initial assessments revealed that the accumulated revenue of the NOVOMATIC Group witnessed a hike by around 10 percent to more than EUR 4.8 billion in 2017. Accordingly, Neumann expects to achieve a new revenue record.

NOVOMATIC is all determined to set its focus this year on leveraging the synergies between its approximately 300 companies, following the acquisition of a 52 percent stake of Ainsworth Game Technology. However, further acquisitions are not ruled out.

According to Neumann, initial calculations indicate that the NOVOMATIC Group will generate an accumulated revenue of EUR 4.8 billion in the 2017 fiscal year (2016: EUR 4.4 billion). The NOVOMATIC Group includes – in addition to NOVOMATIC AG – the Swiss companies ACE Casino Holding AG and Gryphon Invest AG.

NOVOMATIC AG itself will also be able to report a record revenue again this year, with figures increasing by a further 10 percent compared to 2016. The NOVOMATIC Group additionally achieved a new record in terms of headcount with around 29,500 employees.

The NOVOMATIC Group has seen strong growth in recent times, primarily through strategic acquisitions. The company now has 300 shareholdings, around 230 of which are consolidated in the balance sheet. Indeed, on January 5 this year, the finalisation of the majority holding in the Australian industry giant, Ainsworth Game Technology Limited marked a significant milestone in the history of NOVOMATIC AG. “Having grown a lot over the past few years, we will this year focus on increasing synergies between companies and, correspondingly, on more effective internal structures,” added Neumann. “Nevertheless, we will continue to watch the market and make purchases, where it makes sense,” He concluded.

About NOVOMATIC
The NOVOMATIC Group is one of the biggest international producers and operators of gaming technologies and employs around 29,500 staff worldwide. Founded by entrepreneur Professor, Johann F. Graf in 1980, the Group has locations in more than 50 countries and exports high-tech electronic gaming equipment and solutions to more than 75 countries. The Group operates around 270,000 gaming terminals and video lottery terminals (VLTs) in it’s some 2,100 plus gaming operations as well as via rental concepts.

Through its numerous international subsidiaries, the NOVOMATIC Group is fully active in all segments of the gaming industry and thus, offers a diversified Omni-channel product portfolio to its partners and clients around the world. This product range includes land-based gaming products and services, management systems and cash management, online/mobile and social gaming solutions as well as lottery and sports betting solutions together with a range of sophisticated ancillary products and services.

Niji 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. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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AXES Network to supply products for Totalizator Sportowy

Niji Ng

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AXES Network to supply products for Totalizator Sportowy
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AXES Network, the Canadian company offering cloud technology in the field of information management, will supply its products, including 1200 gaming machines in 50 salons for Totalizator Sportowy to launch its new pilot package.

The products from AXES Network, including solutions and applications, are designed to improve security and integrity in the field of data collection and management. The company also offers tools that increase operational and organisational efficiency. The company provides support to the whole spectrum of betting and gambling businesses: government monopolists, casino network operators and slot game salons, manufacturers of gaming machines and AWP operators in over 20 countries.

The AXES platform offers native applications and solutions such as: jackpot system, loyalty system, reward generation but in particular non-cash and accounting operations necessary to improve network efficiency and customer profitability. The advantage of the AXES system is simple: you can connect to any type, number of machines at any time and location.

The AXES Information Management System (AIMS) is a cloud-based solution for managing all aspects of the game. AIMS performs analysis of players, can conduct marketing work, tracks all operations, ensures security and reporting to units with access and all other requirements regarding the performance of financial and accounting operations.

AXES Smart Card Cashless System is a chip-based transaction system that streamlines cash management in casinos and arcades, used in the Merkur Group machines currently in operation at Totalizator Sportowy in the newly opened slot game salons.

 

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Yggdrasil to enter Czech Republic with Tipsport gaming deal

George Miller

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Yggdrasil to enter Czech Republic with Tipsport gaming deal
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Innovative gaming supplier to enter new market for the first time after partnering with the country’s largest operator

 

13 August, 2018 ­­– Yggdrasil is set to make its debut in the regulated Czech Republic igaming market after agreeing to supply leading brand Tipsport with its portfolio of innovative, high-quality casino games.

Tipsport is the country’s largest betting and gaming brand, with more than 1,000 retail outlets and a rapidly growing online offering that will now feature some of Yggdrasil’s slot games, including latest releases Vikings Go To Hell and Tut’s Twister.

The leading Czech operator will also use Yggdrasil’s unique in-game promotional tool BOOST® that enhances player experience via in-game tournaments, cash races and missions.

Yggdrasil games are expected to go live in the Czech Republic with Tipsport in the coming months, in full compliance with the Czech Republic’s requirements.

The Czech Republic’s online regulated market came into force on 1st January 2017, following the introduction of a new Gambling Act. The market generated €1.58 billion in gross win in 2017 with online contributing €380 million of that total, according to H2 Gambling Capital data.

Yggdrasil’s games are live in a host of regulated and newly regulated markets including the UK, Italy, Estonia, Latvia, Belgium and Denmark, with its games due to imminently launch in Spain, alongside Czech Republic.

Fredrik Elmqvist, CEO, Yggdrasil, said: “In February this year we signed a deal to enter Spain, one of Europe’s fastest-growing and most exciting jurisdictions, and today we’re announcing our entry into the Czech Republic with leading brand Tipsport.

“As part of our long-term strategy we are committed to expanding our regulated market footprint. If we feel an environment is right for our leading games and promotional tools, then we will enter it with the best possible partners. We’re exctited to be going live with Tipsport and fostering a long-term partnership.”

Jakob Lorentzon, Head of Online Casino, Tipsport, said: “We are delighted to be partnering with such an innovative and dynamic business as Yggdrasil. Their games perform very well in regulated markets and we are very much looking forward to offering them to our large and expanding customer base.”

 

 

About Yggdrasil

Yggdrasil is a provider of superior online gaming solutions for igaming operators. The business was founded in 2013 and has since emerged as one of the industry’s most respected and acclaimed suppliers. The business model is highly scalable and covers three product verticals Casino Slots, Table Games and Bingo, in addition to the business verticals Yggdrasil White Label Studios, YGS Masters and Yggdrasil Dragons. Yggdrasil has since its inception embarked on a solid growth trajectory enabled by a strong corporate culture focused on innovation, creativity, quality and technology leadership. Yggdrasil is headquartered in Sweden and has offices in Malta (operational HQ), Poland and Gibraltar.

 

About Tipsport

Tipsport is the leader on the Czech market of sports betting. Established in 1991 as a regional player with one branch only, Tipsport quickly became an international holding company and the major bookmaker in Central and Eastern Europe. Today, 3,000 employees work for Tipsport and Chance brands in the Czech Republic, and Tipsport brand in Slovakia. With overwhelming majority of bets being placed online, the company’s main focus is technology. Thanks to its unique, in-house solutions, Tipsport is No.1 sports betting operator in the Czech Republic and one of the major players in the sports betting industry in Europe.

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Slovakia’s new legislation aims to ease online restrictions

George Miller

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Slovakia's new legislation aims to ease online restrictions
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The countries online gaming sector greets the Slovak government’s new proposal for a regulated market which could be implemented in 2019.

Slovakia aims to replace the current legislation with a new one which could open up the market for private operators from March 1, 2019. The new legislation is set to mirror the neighbouring countries positive realizations in the field.

The now submitted legislation has a three-month period of standstill as the European Commission examines whether it is constitutional.

The new law is a significant change for Slovakia, which has black-listed more than 200 gambling domains – including household names such as Bet365 and 888 – since a previous bill was passed in 2016. Currently, online casino and poker activity remains the sole responsibility of the state-owned TIPOS national lottery.

“The state began blocking illegal companies. But that was only the first step. Now comes the second, clear rules for everyone – anyone who wants to offer online casino games will be able to do so if they meet the prescribed conditions,” said Peter Papanek, head of the Association of Betting Companies of the Slovak Republic, according to Sport Aktuality.

“Experience from abroad shows that, if the state wants to intervene against tax evasion and illegal gambling, it must go through the liberalisation of the market and the setting of fair conditions, inter alia, to motivate operators to operate legally.

“Illegal companies thus lose the incentive to circumvent the rules, and the state, in addition to income, also gains the certainty of consumer protection. The countries that have been chosen liberalisation have rapidly reduced the share of the black market.”

In its submission, Slovakia’s Ministry of Finance, which will have responsibility for gambling, said it wants to “relax restrictions on access to the internet gambling market”. Companies with a base in Slovakia or another EU state are able to apply for a licence.

A new Regulatory Office for Gambling is proposed in order to centralise activities in the gambling sector. With the exception of legislation, the office’s scope would cover all activities related to the gambling sector, in particular licensing, supervision, imposing sanctions and the administration of fees.

Online operators would pay a 23% tax rate under the new regime, with various operational charges.

The Slovakian authorities said they were inspired by European countries that have introduced new regulated gambling frameworks in recent years such as Denmark, Sweden, Romania and the Czech Republic.

“[The draft act] would take technological progress and the findings of regulatory authorities in other European countries into account more fully, while simultaneously improving the protection of players from possible harmful effects directly related to services provided in this sector,” the Ministry said in a statement.

The Ministry explained that operators would need to provide the newly created regulatory authority with access to a server so that it can have oversight of data.

 

Source: igamingbusiness.com

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