Wire EMEA
Lichtenstein Rejects Casino Ban
Lichtenstein’s Casino Association has stressed that the sector offers a ‘strictly controlled gaming experience’ and moved to clarify false statements.
After the Landtag rejected the casino ban, the government has to legally order a referendum within 14 days, which must be held within three months.
LICHTENSTEIN CASINO NEWS
Switzerland - ACE applies for casino licence The ACE SWISS Group is applying for a licence to operate a casino in the shopping arena in St. Gallen. It has submitted the application documents for an A licence to the Swiss Federal Gaming Commission.
An ADMIRAL Casino is to be opened at the St. Gallen location from 2025. The Group is now applying for an A licence for the operation of a casino at the shopping arena location in St. Gallen. The rental agreement is signed.
ACE SWISS Holding AG has been operating successfully in Switzerland for many years in Mendrisio and the minority shareholdings in the casinos in Locarno, Bad Ragaz, Interlaken and Baden.
Birgit Wimmer, Chairwoman of the Board of Directors, commented: “We are very committed to Switzerland; we make a significant contribution to the national economy, and we are therefore strongly connected to local companies and our long-standing employees. Together, we ensure high-quality service as well as innovative and sustainable play on site.”
Spain - SIS pens Orenes Grupo agreement Sports Information Services has renewed its agreement with Orenes Grupo to deliver its racing content to the Spanish operator’s retail brand Versus.
Juan Jose Lopez, Director of the Betting and Gaming Division at Orenes Grupo, explained: “SIS and its high quality racing offering have been an integral part of our retail operations for several years, consistently proving popular with bettors across our network of betting rooms. The team at SIS has been a pleasure to work with and we look forward to collaborating on yet more exciting projects to ensure our customers have access to the very best in horse and greyhound betting content.”
Spain - Codere Online doubles 2019 revenues Codere Online has released its financial results for the third quarter with revenue coming in at €28.9m, 51 per cent above 2021’s comparative while net gaming revenue came in at €30.6m, 54 per cent above revenue in Q3 2021.
Mexico revenue was €11.4m, 80 per cent above Q3 2021, while Mexico net gaming revenue was €12.9m, 82 per cent above Q3 2021. Spain revenue reached €14.9m in Q3 2022, 29 per cent above Q3 2021 which was partially impacted by marketing restrictions implemented in 2021.
Oscar Iglesias, CFO, stated: “We are very encouraged by the acceleration in revenue growth as we approach the end of the year with the World Cup still ahead of us.”
P10 WIRE / PULSE / INSIGHT / REPORTS
Following the rejection of an initiative to ban casinos by Lichtenstein’s state parliament, the issue now moves into the referendum phase in which a public vote will be held on the matter.
After the Landtag rejected the initiative Casino Ban” of IG VolksMeinung in its session of November 2 2022, the government was instructed to call a referendum in accordance with the People’s Rights Act. Te government must by law order a referendum within 14 days, which must be held within three months.
Te Lichtenstein government has set the date for the referendum on the initiative request of the ‘casino ban’ to amend the state constitution on January 29, 2023.
Sandwiched inbetween Austria and Switzerland, Liechtenstein spans a length of just 62sq.m, making it one of the smallest countries in the world with a population of just 40,000.
Whilst casino density in Liechtenstein doubled in 2019, Casino Austria International took the
Italy NOVOMATIC acquires HBG Group
NOVOMATIC has continued its international expansion with one of the largest transactions in its corporate history.Te acquisition of the HBG Group makes NOVOMATIC one of the largest concessionaires in Italy.
NOVOMATIC has been operating in Italy, one of the world’s largest gaming markets by revenue, for more than 15 years and has established its position in Europe’s largest VLT market with its licensed business customers via innovative products and services.
HBG Gaming is a leading operator in the Italian market and is active both as a concessionaire of VLTs and AWPs Amusement with Prizes, as well as in the online gaming and sports betting segments and with the operation of bingo sites.
“With this acquisition, NOVOMATIC is sending a clear signal of further international expansion and can double its market share as a concessionaire
in one of the key European gaming markets,” underlined Executive Board Member Ryszard Presch.
Fellow Board Member Johannes Gratzl commented: “With this successful closing of one of the largest takeover transactions in our company history, we have laid the foundation for further sustainable growth.”
In addition to the technological market leadership, NOVOMATIC is now one of the largest operators of VLTs and AWPs in Italy in the operational segment and will further develop the online gaming and sports betting segments in this market in the future. Te number of employees of the Group has increased to more than 3,000 in Italy and 21,900 worldwide.
Markus Büchele, CEO of NOVOMATIC Italia, concluded: “Exactly in the year of our 15th anniversary in Italy, we can continue on a very successful path thanks to a great partnership with HBG and grow further together.”
decision at the start of the year to close its casino in Balzers. MCL-Resorts opened Casino Maximus in Schaan in Lichtenstein on May 11 taking the total to six casinos.
Lichtenstein’s Casino Association has highlighted that the sector offers a ‘strictly controlled gaming experience’ and has moved to clarify numerous false statements made in public. Te high number of casinos per head in Liechtenstein has caused concern for some, however, as the Casino Association has stated: “Te casino association understands such concerns and sees no economic basis for so many casinos in the future.
Both the government’s moratorium and the measures already taken prevent further growth and accelerate the consolidation of the market situation. For these reasons, a ban on casinos is not necessary.
“Due to the legal requirements, the casinos spend very high amounts and human resources on prevention work every year.
UK
iGaming platform provider BetConstruct has signed up a new partnership with Sports Information Services, a supplier of 24/7 betting services to retail and online operators worldwide.
SIS’ content is delivered as a complete solution including live streamed pictures, data, commentary, on-screen graphics with betting triggers along with an extensive range of markets and prices.
BetConstruct’s network will benefit from horse racing content from around the world 24/7. Te SIS service will enhance the racing offering of the partners and provide their customers with frequent betting opportunities across all times of the day.
In addition, all content can be supported by a range of services designed to increase operators’ turnover and margins, including pre-race betting, prompts and managed trading services.
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