Casinos Austria and Austrian Lotteries Show Improved Operating Profit

21.04.2015.  Casinos Austria and Austrian Lotteries posted a growth in revenue for the 2014 operation year. The growth in sales in casino, lottery, video lottery terminal (VLT) in in excess of €3.62 billion. All companies in the group: Casino Austria, Austrian Lotteries, Casino Austria International and Entertainment subsidiary which handles the group online, video lottery terminals (VLTs) and sport betting activities posted an increase in sales when compare to 2013 operation year. This lead to the group’s overall sales to climb to a whooping record of €3.62 billion, a 3.34 percent rise, year on year.

Within the period of 2014, the sum of €2.43 billion were paid out in prize money and winning while €552 million was paid as austria

The operating incomes increase to €62.8 million and group earning climbed to a whooping €41.7 million , this increase were able to achieve because of improved in it’s local and international businesses.

Casinos Austria lead the pack of the most active and profitable group business with total investment in double digit million. Four casinos – Bregenz, Velden, Salzburg and Vienna – were given facelift and all casinos operated by Casino Austria performed well.

It is also worth noted that some product introduced during the period in discussion did well. Notable among them is double roulette which allow small bet to win 1200 times the amount bet. The publication from the group revealed that total number of 2,504,422 guests attended the twelve Austrian Casino within the time : 2013 – 2014.

Austrian Lotteries also recorded growth in revenue. It sale was 3.3 percent up to €3.15 billion. This was achieved as a result at WINWIN video lottery terminal subsidiary where total sales was up by 15.1 percent to €635 million. It was also worth noted that new innovation such as TeamTipp and Anteilsscheur brought a rise in sales for lotto ‘6 and 45’ national lottery product to €586 million. The ‘Rubbellos Scrath Off Lottery’ product was one of the successful innovation which raise the sales for the year to €128 million.

Casino Austria International (CAI) was able to raise it’s revenue by one percent while the operating profit of €366,000 was made. Operating profit of €57.69 million at Austrian Lotteries and €B.9 million profit from the twelve Austrian Casino lead to the combine group profit of €41.7 million.


You May Also Like To See