Record Sales For Austrian Lotteries

RECORD SALES FOR AUSTRIAN LOTTERIES

03rd February, 2012 at 09:21:29
Source: http://www.azonlinecasinos.com

Online gaming good for 2011 annual results

State-owned Austrian Lotteries and Casinos Austria Group has reported record sales of Euro 3.4 billion for the year 2011 and is looking to online expansion to deliver the same in the year ahead.

Other Key Performance Indicators include:

- Growth driven primarily by Austrian Lotteries which generated Euros 2.899 billion, up 9.7% over 2010

- Twelve Austrian Casinos up 4.3% to Euro 270 million

- Win2day, up 5% representing a staggering Euro 1.125 Billion (excluding poker)

Austrian Lotteries and Casinos Austria Group chief executive officer, Karl Stoss comments: "While the classic casino business in Europe is still in a phase of consolidation, we look at online betting, video lottery terminals, but also in the traditional lottery business for growth opportunities that we can use for our group."

The company has applied for a Belgian licence for its win2day.at online division through its relationship with land-based subsidiary Grand Casino Brussels, moving towards its online expansion strategy.

Additionally its Austrian Lotteries, WINWIN and Better Game Solutions (tipp3) are all exploring several options for new markets in Europe.

Related News Tags:



« News index »



WEST VIRGINIA ONLINE GAMBLING BILL MEETS EARLY OPPOSITION (Update)

25th March, 2017 at 08:38:18
HB3067 faces political and time constraints.

MORE DETAILS ON COSTA ONLINE GAMBLING LEGALISATION BILL IN PENNSYLVANIA (Update)

21st March, 2017 at 21:54:56
Senator Jay Costa introduces his bill SB524 with the support of three other senators.

CALLS FOR HIGHER GAMBLING TAXES IN KENYA

20th March, 2017 at 07:18:24
Operators brace for rising costs as parliamentary advisers call for more taxation.

REPUBLICANS FILE ANTI-ONLINE GAMBLING BILL IN PENNSYLVANIA

14th March, 2017 at 08:11:41
HB801 has echoes of last year's unsuccessful attempt authored by former Representative (now Senator) Mario Scavello.

IGT ACHIEVES ICAP RE-CERTIFICATION

13th March, 2017 at 13:44:19
Compliant with Internet Responsible Gambling Standards.