Tag Archives: Czech Rep

The government of the Czech Republic has been urged to clarify its figures related to the exposure of national consumers to black market gambling activities. This demand is led by the trade group and policy reformists, the Institute for the Regulation of Gambling (IPRH), who highlight glaring discrepancies in gambling-related data published by the Czech government. The IPRH has questioned …

Allwyn International has vowed to improve the financial performance of its Allwyn UK subsidiary, having officially taken on the duties of operating steward of the National Lottery. In its Q1 trading update, Allwyn International reported that its global lottery brands achieved combined ‘unaudited revenues’ of €2bn-to-€2.05bn. This marks Allwyn’s first €2bn revenue quarter (Q1 2023: €1.59bn), mainly due to the …

Following a short break in Q1, Jake Pollard’s Market Make-up series returns with Propus Partners dissecting the online sportsbook trends of dynamic CE markets of Poland and the Czech Republic. Vying  for a larger slice of market share in Poland and the Czech Rep, sportsbooks have deepened their offerings of secondary sports such as MMA, ice hockey and esports, spearheaded …

Penta Investments is reported to be weighing up a ‘possible sale’ of its gambling asset, Fortuna Entertainment Group (FEG). As reported by Reuters, the Central and Eastern European private equity fund is open to offers to acquire Fortuna Entertainment, recognised as the biggest betting firm of the Czech Republic and Slovakia. The private equity fund of Czech moguls Jaroslav Hascak …

Allwyn International cites confidence in achieving its full-year 2023 corporate objectives as group subsidiaries (legacy and acquired) maintain ‘organic growth’.  Publishing its Q2 ‘preliminary results’, an enlarged Allwyn sees its lottery portfolio generate consolidated revenues of €2bn for the first time and adjusted EBITDA of €381m (+35%). Headline growth reflects a 115% year-on-year increase, primarily driven by the recent acquisition …

Robert Chvatal, Group CEO of Allwyn International, has asserted that the pan-European lottery conglomerate can balance its organic and M&A growth in what promises to be a transformative 2023. Speaking to SBC following the publication of Allwyn International’s Q1 results, which incorporated the performance of Camelot UK assets, the transaction resulted in an impressive 80% surge in revenues to €1.6bn, …

Allwyn International has showcased its new business profile after incorporating Camelot UK to its European gaming and lottery subsidiaries portfolio.  Publishing its Q1 2023 unaudited accounts, an enlarged Allwyn generated consolidated revenues of €1.64bn, an 80% surge on 2022 comparative results of €914m. As reported, Q1 trading saw Allwyn execute the acquisitions of Camelot UK Lotteries Limited and Camelot Lottery …

IMG Arena has filed against Stats Perform over alleged breaches of exclusive data collection rights during Austrian, Czech, German, Greek, and Swiss soccer matches.  In the claim, IMG Arena alleges: “At various times, Stats Perform has for the purposes of its businesses been operating a multijurisdictional, unauthorised ring of data collectors (or unofficial ‘scouts’), which it sends to matches at …

The Ministry of Finance of the Czech Republic has notified national media of its intent “to implement tax changes on gambling”.  The notice was declared by Czech Finance Minister Zbyněk Stanjura, who is currently drafting new measures for the national budget in which the Civic Democratic (ODS) government has “emphasised delivering savings of Kč 70bn (€3bn).” The savings target is …

Oddin.gg has announced that it will provide exclusive data services for the upcoming Czech Championship Tipsport MCR CS:GO, in collaboration with event organiser PLAYzone. The partnership will see the Czech CS:GO Championships indexed on Oddin.gg’s platform, allowing audiences to wager safely on the event and opening up a new service of official data rights for PLAYzone. A pioneer in esports …