Tag Archives: Sazka

Sazka integrates Neccton gambling compliance following OpenBet acquisition

SBC News Sazka integrates Neccton gambling compliance following OpenBet acquisition

OpenBet has strengthened its partnership with Sazka after delivering Neccton’s gambling compliance products to the Czech Republic lottery operator.   Allwyn Group-owned Sazka has now integrated the AI-based solution across its lottery, sportsbook and casino offerings.  This marks the first launch of Neccton’s technology after the responsible gaming, anti-money laundering (AML) and fraud detection company was acquired by OpenBet in June …

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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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Allwyn secures €1.6bn credit facility to refinance debt and National Lottery costs

Allwyn follows Camelot UK takeover with major expansion of US presence

Allwyn Entertainment has secured access to €1.6bn funds, having reached a senior facilities agreement with a syndicated group of international banks.  The transaction was undertaken by Allwyn International (formerly SAZKA Group AS) with lenders agreeing to provide an aggregate €1.6bn facility to the lottery conglomerate. Terms of the agreement will see the €1.6bn credit facility split into separate debt tranches, …

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Allwyn hits peak performance ahead of SPAC merger 

SBC News Allwyn hits peak performance ahead of SPAC merger 

Allwyn Entertainment has cited growth across all core markets as it finalises terms for a transformative SPAC merger with Cohn Robbins Holdings (CRHC) that will see the business list as the biggest lottery incumbent of the NYSE.  Publishing its consolidated H1 Interim trading report, Allwyn (formerly SAZKA Group) registered first-half 2022 gross gaming revenues of €1.77bn. The outcome reflected a …

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Allwyn pledges to fix the National Lottery for all consumers

SBC News Allwyn pledges to fix the National Lottery for all consumers

The future of the UK National Lottery remains uncertain but Allwyn appears confident that it will emerge victorious from the bidding process, as CEO Robert Chvatal outlined the firm’s ambitions to The Times. Allwyn was named as the preferred candidate for the fourth UK National Lottery licence in March, fending off stern competition from a number of rival bidders including the current incumbent, Camelot. However, that decision sparked a …

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Allwyn targets US listing via CHRC merger

SBC News Allwyn targets US listing via CHRC merger

Allwyn Entertainment and Cohn Robbins Holding Corp (CHRC) have moved forward with their merger plans, which would result in the former securing a listing on the New York Stock Exchange (NYSE). The US Securities and Exchange Commission (SEC) has ‘declared effective’ Allwyn’s submission of a registration statement in connection with the amalgamation, which the respective first parties first outlined plans …

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Allwyn nets 63% pan-European revenue growth as leadership monitors macro headwinds

Robert Chvátal, Allwyn CEO

Allwyn International (formerly SAZKA Group) has detailed ‘strong and stable’ growth across its European operations, as the recommended UK National Lottery steward records total GGR of €869.3m. Representing a 63% increase on Q1 2021 earnings of €526.3m, the rebranded firm‘s GGR was coupled with a 89% growth rate for NGR to €534.4m (€283m), alongside a rise in Adjusted EBITDA of …

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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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Allwyn completes group-wide rebrand and identity change

Allwyn follows Camelot UK takeover with major expansion of US presence

Allwyn Group has completed its group rebrand and corporate identity change across all core units of its business.  Closing 2021, the company announced that it would change its corporate and brand identity from SAZKA Entertainment to Allwyn Group. The decision was taken to refresh the firm’s identity that had been born out of its Czech home market enterprise of SAZKA …

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Allwyn outlines initial National Lottery strategy following licence victory

Robert Chvátal, Allwyn CEO

Upon securing the next 10 year licence to the National Lottery, Allwyn Entertainment has provided an update on its operating strategy to its new holding, detailing a pan-European approach.  In particular, Allwyn plans to share best practice in lottery operations and focus on improvement of draw-based games, leveraging its experience as an operator of several lotteries throughout the continent.  Allwyn …

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