Tag Archives: Czech Rep

SAZKA counts costs of volatile 2020 trading

SAZKA Group said that it will demonstrate the corporate benefits of its transformed group strategy, which saw its enlarged company units interrupted by the unprecedented events of a volatile 2020.   Publishing its full-year 2020 results, SAZKA group recorded ‘consolidated group revenues’ of €2 billion – up 6% on FY2019 corresponding results of €1.9 billion. However, excluding the performance of the …

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Vodafone backs Allwyn to be the National Lottery’s next steward

Telecoms giant Vodafone has backed the Allwyn bid to win the UK government’s Fourth National Lottery Licence competition. Vodafone has committed to serve as ‘connectivity partner’ of Allwyn’s National Lottery tender, helping digitise the National Lottery’s operations and services for a new generation of customers. Allwyn, the new British venture of Czech gambling conglomerate SAZKA Group, branded Vodafone’s backing as …

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Winning Post: Playing it straight on black market threats

Regulus Partners sets the record straight on how betting incumbents should represent black market threats, where the emphasis should be placed on understanding player habits and protecting integrity over market size impacts.   Whenever a regulator or government seeks to make ‘illiberal’ changes to gambling policy, the dangers of a black market will almost inevitably be wheeled out in evidence …

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NHL nets first European betting partnership with Tipsport

The NHL has licensed Tipsport as its first European sportsbook partner, allowing the Czech betting group to utilise its official brand logo and matchday data. The partnership will see Tipsport serve as the NHL’s ‘official betting partner’ for the markets of the Czech Republic and Slovakia. Recognised as the Czech Republic’s largest betting agency, Tipsport will be allowed to promote …

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Czech gambling reforms brightened by ‘bank-ID’ approvals 

Czech Republic gambling stakeholders hope that the government will proceed with regulatory adjustments to banking and customer verification requirements that will allow for a smoother market entry.  Following 2017 amendments to the ‘Czech AML Act’ in connection with the implementation of a new ‘Czech Gambling Act’ – the Ministry of Finance enforced the requirement for operators to impose ‘face-to-face’ customer …

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Heavy-duty Casinos Austria integration dominates SAZKA Q3 trading

SAZKA Group wants to exploit the benefits of its expanded business entity, as the Czech gambling conglomerate returns to operating all business units having navigated 2020 Covid headwinds.  Publishing its Q3 trading update (period ending 30 September), the firm told investors that an easing of Covid restrictions across European markets had seen it return to ‘normalised trading in markets and …

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SAZKA faces scrutiny following appointment of Flint Global as National Lottery advisor

SAZKA Group has hired London public affairs consultancy Flint Global to serve as a ‘special advisor’ as the Czech gambling conglomerate bids to become the new operating firm of the National Lottery in 2023. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Co-founded by Sir Simon Fraser, the former Head of the …

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Mateusz Juroszek – Non-stop STS will expand amid industry disruptions

Mateusz Juroszek, owner and Chief Executive of STS, Poland’s biggest bookmaker tells SBC that his company is coming out of lockdown stronger having completed key management objectives in expanding the firm’s proprietary technology capacity acquiring long-term Czech IT partner Betsy.   Accelerating STS European expansion projects and initiatives, Juroszek states that his firm will be the one-to-watch for the remainder …

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SIS lands exclusive Czech and Hungarian racing deals

SIS will expand its racing broadcast and data gathering services within Eastern Europe after confirming that it has secured new agreements with the Czech Republic’s LAB racetrack operator and Hungary’s Kincsem Park racecourse. The new partnerships will see SIS broadcast ‘at least 300 races across the year’ from LAB Czech racecourses in Prague, Most, Pardubice, and Karlovy Vary regions.  Meanwhile, …

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SAZKA confident of European comeback as assets weather COVID-19 storm

Citing novel coronavirus impacts across its European network, Czech gambling and lottery conglomerate SAZKA Group saw its consolidated Q1 revenues decline by 11% to €405m (Q1 2019: €458m). In an overview of Q1 performance, the group cited trading under unprecedented circumstances, in which subsidiaries OPAP Greece, Casinos Austria and LOTTO Italia have been forced to suspend their entire retail presence …

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