The Austrian Lotteries has increased the age limit across its full range of products and offerings to 18, joining several other European nations in doing so. From 10 July onwards, participation in all Austrian Lotteries games will be limited to those aged 18 and over, rising from the long-standing age threshold of 16. The decision was undertaken by the state …
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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 …
Read More »European Lotteries to descend on Betting on Football
Major operators from 17 different jurisdictions are using next month’s Betting on Football conference as the perfect opportunity to meet and discuss the future of sports betting in their sector. The European Lotteries association (EL) will host a meeting for members of its Sport Working Group in London on Tuesday 19 March, which is part of the wider Betting on …
Read More »Deutsche Telekom terminates betting subsidiary TIPP3
Just one year after launching its German sports betting enterprise TIPP3 (Tipp3.de) European telecommunications giant Deutsche Telekom has terminated its subsidiary, following reports of significant underperformance. In April 2015, Deutsche Telekom governance announced that it had entered the German sports betting market, acquiring a majority 64% stake in Tipp.de Sportwetten GmbH owned by Deutsche Sportwetten, who would continue to manage …
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