Tag Archives: Karel Komárek

Pavel Turek joins KKCG Group to oversee marketing and CSR operations

KKCG Group has confirmed the appointment of Pavel Turek as its Chief Officer of CSR and Brand, with primary responsibility for coordinating marketing and CSR operations. Turek will work for both KKCG and its Sazka Group lottery brand, with the firm highlighting his knowledge of sports marketing as well as in ‘the monetisation of new areas of sport’. The new …

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Sazka Entertainment appoints Lord Coe as first independent advisor

Sazka Entertainment has appointed four-time Olympic medalist Lord Sebastien Coe to its Board of Directors. Lord Coe is the current President of World Athletics and was instrumental in London’s bid to host the 2012 Olympic Games. He began his role as a non-executive director of the Pan-European lottery operator on Tuesday. Despite UK subsidiary Allwyn competing to win the UK government’s Fourth …

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National Lottery contest set to narrow as Sugal & Damani reportedly withdraws

Sugal & Damani, the Indian lottery operator which has been participating in the fourth UK National Lottery licence competition, will reportedly withdraw from the bidding contest, according to The Telegraph. If the firm does withdraw its bid, four participants will remain in the competition – incumbent operator Camelot, former adult magazine publisher Richard Desmond, Italy’s Sisal and Allwyn, the UK …

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Komarek eyes Sazka IPO as National Lottery judgement looms

KKCG Group owner Karel Komarek is interested in launching an Initial Public Offering (IPO) of the Sazka Group gambling asset, with London touted as a potential listing location, According to Bloomberg. KKCG, the holding group behind Sazka, is allegedly working with advisers on an IPO of the international lottery operator, which could take place in the second half of 2021 …

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SAZKA secures €500m Apollo investment to fund global M&A drive

SAZKA Group has accepted a €500 million ($590m) investment from New York private equity firm Apollo Global Management to advance its European and North American growth options. The transaction has been approved by SAZKA holding company KKCG AG, the investment fund of Czech billionaire Karel Komárek, who is the majority shareholder and Chairman of SAZKA Group. Apollo’s €500 million fund …

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