Tag Archives: Austria

Austrian tax settlement overshadows bet-at-home’s growth momentum

Publishing its Q3 2019 trading update (period ending 30 September) Frankfurt Xetra-listed bookmaker bet-at-home AG reports continued strong commercial momentum, despite the company booking an €11.5 million Austrian tax charge. Updating investors, bet-at-home reports 2.5% increase year-to-date betting and gaming revenues of €107 million (YTD2018: €104m). The operator highlights that it has been able to maintain its YTD wagering capacity …

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Tipico boosts retail exprience with Bettorlogic content

Leading DACH-region bookmaker Tipico Sportwetten will enhance its betting shop engagement and all-round customer experience by utilising Bettorlogic content and analytics solutions. Securing a new partnership, Tipico will deploy Bettorlogic’s extensive betting content service across its entire German and Austrian retail portfolio. The agreement will see Tipico’s 1,200 betting shops upgraded with Bettorlogic’s comprehensive range of live updates and further …

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Goalbet challenge sees Greek Council revoke OPAP online betting licence

Athens-listed gambling group OPAP SA is facing disruption in its home market of Greece following the decision taken by the State Council to revoke the operator’s online sports betting licence. Judges of Greece’s highest-ranking administrative court upheld an appeal made by Austrian operator Goalbet, who challenged the Hellenic Gaming Commission’s (EEEP) licensing approval of OPAP online sportsbook subsidiary Pame Stoixima. The …

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IBIA notifies EC of Lower Austria’s irrational betting restrictions

The International Betting Integrity Association (IBIA) has submitted its response to the European Commission (EC), in relation to the state of Lower Austria drafting its ‘Sports Betting Act’ which seeks an assessment on compatibility with European Union laws. Last August the executive of Lower Austria, published its draft legislative mandate seeking to comprehensively revamp its state wagering laws, that have …

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bet-at-home admits to €12m Austrian subsidiary tax charge

Issuing a market filing, Frankfurt Xetra-listed betting group bet-at-home AG has disclosed to corporate investors that it anticipates paying €11.9 million tax back charges sanctioned by Austria’s tax authority. The DACH region operator states that its tax demand is attached to its wholly-owned Austrian subsidiary ‘bet-at-home.com Entertainment, Linz, Austria’. The Frankfurt betting group attributes its demand to Austrian tax audits …

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Interwetten continues management refresh appointing Lukas Reichl as sponsorship lead

DACH region online betting group Interwetten Sports, continues its senior management restructure, announcing the appointment of Lukas Reichl as new Sponsorship & Public Relations lead. Reichl joins Interwetten leadership from Sportradar Austrian live sports streaming platform LAOLA1, where he formerly served as Head of Sponsorship for Austria, overseeing the management of key partnerships with Austrian ice hockey, basketball and handball …

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The attack of the killer B’s and the threat of player tracking!

SBC America’s Chris Murphy wonders whether the gaming industry will get on track with the latest proposals around machine play and social responsibility. We can only hope that anyone from the Category B gaming machine sector was seated when they read through the Gambling Commission’s latest missive this week, calling for evidence on said machines. The implied message is that …

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Sportradar launches OTT platform A1now for A1 in Austria

A1

Sportradar has launched A1now, an over-the-top (OTT) product to service users on A1 – a leading digital and telecoms provider A1 in Austria – with both live and on-demand sports content. The OTT service will provide users with Live and Video On Demand (VOD) content across sport, music and entertainment, including matches from the Austrian Football Bundesliga – for which …

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Novomatic appoints Felipe Ludeña as international sports betting lead

Gambling technology and systems provider Novomatic Group has confirmed the appointment of Felipe Ludeña as International Sports Betting Director. Ludeña joins Novomatic senior management team, from Bolsa Madrid gambling firm Grupo Codere, where he served in a number of executive positions, leading Codere’s new market initiatives for LATAM regions and further heading up the Spanish operator’s digital transformation projects. Novomatic has tasked …

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Better Collective unveils Austrian acquisitions

In its first acquisition since its recent IPO, Better Collective has completed the purchase of all shares in Austrian based Bola Webinformation GmbH, including its flagship product Wettbasis.com. Bola Webinformation GmbH marks Better Collective’s largest acquisition and allows the firm to expand its already strong presence in German speaking markets. The purchase price has been agreed to €36.3m, of which €30.8m has been …

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