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Casinos Austria Board Approves Restructuring Plan with 500 Redundancies

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The Supervisory Board of Casinos Austria has approved the restructuring plan which it claims would be “the largest reorganisation in the company’s history.”

According to news in the Austrian media, it plans to make 500 workers redundant as it claims that this would save 1200 jobs. Company pensions will be reduced and up to 25% of salaries could be cut.

SAZKA CEO Robert Chvatal, the majority shareholder in Casinos Austria, said: “This is about saving a company that is in an extremely difficult situation due to its structure and the changed world. We do not want to sell casinos; we want to make them fit for the future.”

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General Director Bettina Glatz-Kremsner said: “The Supervisory Board took an important step today to make Casinos Austria AG fit for the future by 2022. The implementation of the ‘ReFIT’ package of measures presented by us today as the board of directors will be the largest reorganisation in the company’s history, which will secure Casinos Austria’s position as THE gaming provider in Austria in the long term.”

“Like many other companies, Casinos Austria was hit hard by the Corona crisis, which made it necessary for the board, the supervisory board and the owners to act quickly and responsibly. Especially because the expected consequences from Corona will also pose great difficulties for us in the near future. But even before the Corona crisis, there was a clear need for action due to the changed framework conditions in our casinos and also at the headquarters and not least because of the smoking ban,” she added.

The two main owners’ representatives are both pleased with the strategy and make it clear they are completely behind the direction they have chosen.

Thomas Schmid, board member of the ÖBAG stated: “It is not about politics or the nationality of the shareholders. It’s not about maximising profits, but about avoiding future losses. It is about saving a company that is in an extremely difficult situation due to its structure and the changed world. We don’t want to sell casinos, we want to make them fit for the future. We support the ReFIT recommendation of the team of experts headed by Bettina Glatz-Kremsner, who worked hard on this plan for several weeks. The concept is based on facts, figures and great judgement as well as valuable inputs from other markets. But it also takes into account the company’s employees by saving 1200 jobs. The management team has our full support to make the company fit again.

“We trust the CASAG management project under the leadership of Bettina Glatz-Kremsner. ÖBAG was particularly committed to preserving as many jobs as possible and all 12 casino locations. It is important to us to carry out the planned measures in a socially acceptable manner and with the involvement of the works council.

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“The management assured us that in view of the great challenges for CASAG, the restructuring of the company is essential. The company can only remain successful if the proposed measures are implemented. CASAG is an important company in ÖBAG’s portfolio. As a major tour operator and taxpayer, the company makes a significant contribution to Austria as a business location. The long-term increase in the value of the stake and player protection are central cornerstones of a successful corporate strategy at CASAG.”

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Apparat Gaming and edict egaming announce partnership

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Leading German software provider teams up with Hamburg-born aggregator to make full suite of slots available to customers in regulated markets worldwide

With immediate effect, German iGaming-business Apparat Gaming is teaming up with fellow Hamburg-founded company edict egaming. The former, having forged a reputation for providing premium casino content with a German accent, has thus joined forces with one of the country’s top aggregators in edict, one of the Merkur Group’s subsidiaries.

As a result of the deal, Apparat Gaming’s ever-expanding portfolio of 30+ quality slots, including recent releases like the high-octane Autobahn Alarm and the hotly-anticipated Fishin’ the Biggest, will be joining edict’s already widespread line-up of over 200 titles – making them now available to all operators who choose edict for their game aggregation needs.

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This collaboration will give customers access to an even more diverse selection of games, all of which are fully compliant with the latest German regulation and certified for release in multiple markets.

Founded in 1998, edict was one of the industry’s pioneering online casino service providers before it was acquired by the Merkur Group a decade later. In 2021, the company added an aggregator solution to its offering, and it has been steadily developing this product ever since to a point where it now supplies content to over 150 operators and starts 8.5+ billion games per year.

Specialising in engaging titles that are supplied by some of Germany’s most popular studios, Apparat Gaming’s releases will certainly look right at home among the aggregator’s prestigious game portfolio – and both parties are already looking forward to a highly successful collaboration.

Martin Frindt, Co-Founder and Chief Product Officer at Apparat Gaming, said: “Given Apparat Gaming’s German roots, we’re delighted to be teaming up with a Hamburg-born business-like edict. Adding our titles to their line-up will give operators access to our over 30 top slots that all come with our signature German accent, and we can’t wait to hear how they’re received by customers.”

Dominic-Daniel Lienard CEO at edict, said: “Since launching our aggregator solution, edict has compiled a stellar portfolio of releases from some of the top developers in Germany and beyond – and adding Apparat Gaming titles will strengthen this roster further. With great graphics, unique themes, and innovative bonus features, we’re sure their slots will be a huge hit with our operators.”

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The post Apparat Gaming and edict egaming announce partnership appeared first on European Gaming Industry News.

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Wazdan amplifies Swiss presence with Swiss4Win launch

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Wazdan, the gain-focused developer behind some of the world’s most rewarding casino game experiences has further expanded in the regulated Swiss market, taking its games live with Swiss4Win.

The collaboration enhances Wazdan’s profile in the country with Swiss4Win’s leading online gambling platform revolutionising player experiences with the introduction of the studio’s exciting range of games.

As Wazdan continues to deliver the world’s most rewarding casino game experiences, this new partnership heralds a new era of entertainment. Players can look forward to a diverse selection of captivating slots designed to appeal to Swiss players.

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In conjunction with this partnership, Swiss4Win unveils its new website, meticulously crafted to enhance user engagement. The platform boasts a cutting-edge SEO-oriented design, complemented by a sleek dark mode interface. With a heightened focus on slot providers, the website features a dedicated page showcasing premier gaming offerings.

Radka Bacheva, Head of Sales and Business Development at Wazdan, said: “We’re excited to join forces with swiss4win.ch to introduce our latest games to players worldwide. This collaboration represents a shared commitment to innovation and excellence in the iGaming industry.”

Paolo Sanvido, Chief Executive Officer at Casino Lugano and Swiss4Win, added: “Wazdan’s distinguished reputation stems from its exceptional graphics and innovative features, which have resonated with players globally. Its dedication to crafting enriching casino experiences offers players greater control over their gaming preferences and seamlessly aligns with our audience’s interests.”

The post Wazdan amplifies Swiss presence with Swiss4Win launch appeared first on European Gaming Industry News.

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Aleatrust Signs Up as Supporting Member of the Austrian Sports Betting Association

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The Austrian Sports Betting Association (OSWV) has welcomed Aleatrust as a new supporting member on board.

Above all, the comprehensive training offered by the E-Casino Academy launched by Aleatrust, which also focuses on the needs of the sports betting industry, is an important asset that will also be available to OSWV members from now on. Central topics such as money laundering prevention, data protection, data security and compliance, including anti-corruption, whistleblower protection and code of conduct, are of central importance here and are comprehensively covered by the E-Casino Academy.

Sharif Shoukry, Managing Director of OSWV, said: “The new active supporting membership of Aleatrust is an important step forward for the OSWV and its members. It provides access to tailor-made training that is specifically tailored to the requirements and challenges of our industry. We are convinced that this cooperation will make a significant contribution to professionalization and security in the Austrian sports betting market.”

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A significant benefit of the partnership is the availability of their training programs online, allowing OSWV members to access essential knowledge anytime and anywhere. This flexible learning environment offers an optimal solution to meet the need for continuous education and training without relying on traditional, time- and location-bound training formats. This type of training not only saves valuable resources, but also allows for consistent and high-quality training of employees, regardless of their individual schedules or the location of the company.

“To be accepted into the circle of supporting members of the OSWV is a great recognition for Aleatrust. It confirms our commitment and expertise in developing and delivering world-class training programs that are specifically tailored to the gambling and sports betting industry,” Niklas Sattler, Managing Director of Alatrust, said.

Particularly noteworthy is the specialised course on money laundering prevention, developed in collaboration with the renowned expert Dr. Elena Scherschneva. Given their extensive experience and recognized expertise in training employees of numerous sportsbooks, the availability of this course online represents a unique opportunity for members to benefit from the highest level of expertise. This underscores the OSWV’s commitment not only to strengthen the industry in terms of compliance and security, but also to promote a responsible and honest betting environment.

The post Aleatrust Signs Up as Supporting Member of the Austrian Sports Betting Association appeared first on European Gaming Industry News.

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