Tag Archives: Czech Rep

Allwyn ready for UK landing backed by solid Q2 trading

SBC News Allwyn ready for UK landing backed by solid Q2 trading

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 …

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Robert Chvatal: Allwyn spearheads the largest transformation in lottery history

SBC News Robert Chvatal: Allwyn spearheads the largest transformation in lottery history

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, …

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Allwyn hails new UK vision as Q1 revenues surge to €1.6bn  

Allwyn follows Camelot UK takeover with major expansion of US presence

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 …

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IMG Arena files against Stats Perform for alleged data rights breaches

SBC News IMG Arena files against Stats Perform for alleged data rights breaches

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 …

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Czech Treasury demands higher tax take from gambling 

SBC News Czech Treasury demands higher tax take from gambling 

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 …

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Oddin.gg enters data rights field with PLAYzone deal  

SBC News Oddin.gg enters data rights field with PLAYzone deal  

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 …

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Fortuna Entertainment appoints Victor Corcoran as new CEO 

SBC News Fortuna Entertainment appoints Victor Corcoran as new CEO 

Fortuna Entertainment Group (FEG) has confirmed the appointment of Victor Corcoran as new Chief Executive of the Central and Eastern European (CEE) omni-channel gambling business. The move sees FEG conclude its nine-month search to find a leadership successor to Per Widerström who stood down as CEO of the business back in January, choosing to end his eight-year tenure as Chief …

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Tipsport challenges Fortuna for title sponsorship of Czech Liga

SBC News Tipsport challenges Fortuna for title sponsorship of Czech Liga

Tipsport has submitted a bold tender to the Czech Football League Association (LFA) seeking to replace main market rival Fortuna Entertainment as the title sponsor of Czech Liga 1 and Liga 2 Czech media reports that Tipsport has submitted a CZK 150m (€6m) per season offer to become title sponsor of Czech football’s top two divisions. Tipsport’s offer is reported …

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Tipsport orders data makeover by Genius Sports

SBC News Tipsport orders data makeover by Genius Sports

Leading Central European bookmaker Tipsport has approved a ‘major expansion’ of sports and betting data provisions supplied by Genius Sports.  The uplift will enhance the Tipsport sportsbook inventory with Genius Sports’ suite of data-driven pre-match, LiveData and LiveTrading solutions whilst providing full flexibility and control over each element of its sportsbook trading operations. Tipsport will benefit from the firm’s optimal …

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Allwyn SPAC merger faces slight delay in light of NYSE downturn

SBC News Allwyn SPAC merger faces slight delay in light of NYSE downturn

Dealmakers of Allwyn Group’s agreed SPAC merger with Cohn Robbins Holdings Corp (CRHC) have signalled that lottery conglomerate listing on NYSE will be temporarily delayed.  The transaction that was expected to be finalised during Q2, has been put back due to US stocks plummeting, amid fears of a pending global recession. The Times reports that “the transaction will now not …

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