SAZKA Group raises its stake in Casinos Austria AG to 34%
Vienna, January 15, 2018 – The SAZKA Group has increased its indirect stake in Casinos Austria AG from 11.3% to 34%. The increase comes after the European lottery and gaming group completed the acquisition of the indirect shares in Casinos Austria held by LEIPNIK-LUNDENBURG INVEST Beteiligungs AG (LLI) and UNIQA Beteiligungs-Holding GmbH (UNIQA). The transaction received final approval at Casinos Austria AG’s shareholders' assembly after the SAZKA Group received regulatory approvals from all national and international authorities to acquire the shares.
Robert Chvátal, CEO of the SAZKA Group said, “We are pleased to have strengthened our position as the largest strategic shareholder in Casinos Austria and we look forward to continuing our record of successful cooperation with fellow shareholders to support the long-term success of the company. SAZKA Group’s lottery and gaming expertise comes from multiple markets and we are excited about leveraging that experience for the benefit of all of Casinos Austria stakeholders.”
Notes to editors
The SAZKA Group is one of Europe’s largest lottery and gaming operators with household brands in Austria, Cyprus, Czech Republic, Greece and Italy. The aggregate annual amount of bets placed with companies in which the SAZKA Group holds an ownership interest are in excess of EUR 16 billion served through over 62 000 points of sale and offered under respective licences. 100% of the SAZKA Group gaming revenue is regulated and subject to applicable gaming tax. The SAZKA Group is strongly committed to responsible gaming, player protection and corporate social responsibility. The Company is owned by two international investment groups, KKCG and EMMA Capital.