Tag Archives: DACH

Novomatic sells Casinos Austria stake to Czech SAZKA

Novomatic AG has agreed to sell its 17% stake in Casinos Austria to Czech gambling conglomerate SAZKA Group. Issuing a short statement, Novomatic confirms that it has reached a binding agreement with SAZKA dependent on regulatory approvals. The transaction will see SAZKA increase its shareholding in Casinos Austria to 55% (formerly 38%), after securing majority investment rights in the leading …

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Austrian tax settlement overshadows bet-at-home’s growth momentum

Publishing its Q3 2019 trading update (period ending 30 September) Frankfurt Xetra-listed bookmaker bet-at-home AG reports continued strong commercial momentum, despite the company booking an €11.5 million Austrian tax charge. Updating investors, bet-at-home reports 2.5% increase year-to-date betting and gaming revenues of €107 million (YTD2018: €104m). The operator highlights that it has been able to maintain its YTD wagering capacity …

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bwin places firm responsibility agenda on DFB 2022 extension

GVC Holdings’ European online sportsbook property bwin, has confirmed a four-year extension to its existing partnership with the Deutscher Fussball Bund – DFB – German Football Association. Extended to December 2022, bwin will continue to act as ‘official DFB betting partner’, securing extensive brand coverage across Germany men/women’s national football team matches. In addition, the bwin brand secures advertising rights …

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Generational Change! Interwetten appoints Dominik Beier as betting’s youngest leader

The governance of DACH region online betting group Interwetten Sports has confirmed the upcoming appointment of Dominik Beier as new ‘speaker of the board and lead corporate spokesman’. Updating the market, Interwetten governance expects Beier to take corporate leadership of the betting group from April 2019. Beier will replace current Interwetten leader Werner Becher, who this November confirmed that he …

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Auf wiedersehen… Werner Becher confirms Interwetten leadership departure

Werner Becher long-term Chief Executive of DACH markets betting group Interwetten Sports (Interwetten.com) has confirmed his leadership departure via a LinkedIn post. “Today I informed Interwetten employees today that I will step down as CEO at the end of 2018.” Becher’s Linkedin update. A seasoned European IT and media executive, Becher has led Interwetten since 2011, converting the sportsbook into …

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Net Gaming Group sees DACH for the future

The potential of the Germany betting market has seen another affiliate firm try and position itself as a key gateway for player acquisition. Affiliate operator Net Gaming Europe AB has invested up to €3.5m euro with the ‘strategic acquisition’ of affiliate assets, primarily in the DACH region (Germany, Austria and Switzerland) from Webwiser Gmbh. Known for its comparison websites within …

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New Ground… Catena moves into financial services with Beyondbits Malta acquisition

Stockholm-listed industry affiliate marketing network Catena Media has announced that it has entered the financial services marketing sector by acquiring Malta-based network Beyondbits Media Ltd. Catena governance expects to complete its outright acquisition of Beyondbits Media by the end of November 2017. The company will pay an upfront €9.25 million transaction in which  €2.75 million paid through Catena Media share placement. The Stockholm-listed enterprise has …

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