Central Europe

Casinos Austria Board Approves Restructuring Plan with 500 Redundancies

Published

6 years ago

July 16, 2020

Reading Time: 2 minutes

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.”

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.

“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.”

BETANO

CT Interactive Partners with Betano.cz for Live Rollout

Published

12 hours ago

February 20, 2026

Wladimir P.

ct-interactive-partners-with-betano.cz-for-live-rollout

CT Interactive has unveiled its newest partnership with Betano in the Czech Republic, representing a significant advancement in the firm’s continuous global growth plan.

As a result of this collaboration, a selection of 30 exciting titles is now offered on the Betano.cz platform, enhancing the online gaming experience for players in the area. The collection includes several of CT Interactive’s most favored games, such as Win Storm, Wild Clover, 40 Treasures, Purple Fruits, and The Big Chile.

Through this launch, CT Interactive maintains its emphasis on offering content suited to local player tastes, reinforcing its dedication to delivering high-quality entertainment. The inclusion of these titles is anticipated to improve Betano Czech Republic’s collection, providing players with a varied and engaging gaming atmosphere.

“We are thrilled to extend our reach into the Czech market, which holds significant growth potential,” said Martin Ivanov, Chief Operating Officer at CT Interactive. “Our forward-thinking approach and understanding of local player preferences will be key as we work to redefine the online gaming experience in this region. We believe this partnership will create exciting opportunities for players and set a new benchmark for the industry in the Czech Republic.”

Monika Zlateva, Chief Commercial Officer at CT Interactive, added: “Building on our long-standing and strong relationship with Kaizen Gaiming across multiple markets, this collaboration enables us to deliver a fresh content tailored to player preferences. We are confident that CT Interactive’s titles will resonate with the audience and contribute to the overall gaming experience on Betano.cz.”

The post CT Interactive Partners with Betano.cz for Live Rollout appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Bragg Gaming Group

Bragg Gaming Group Partners with StarGames

Published

1 day ago

February 19, 2026

Wladimir P.

bragg-gaming-group-partners-with-stargames

Bragg Gaming Group has strengthened its presence in the German iGaming market by partnering with StarGames to offer its popular, high-performing slots. Through this partnership, Gamomat games and other titles powered by Bragg are available on the StarGames website.

“At Bragg, we are proud that many of our most popular games have become part of the offering on StarGames – one of the best-known and licensed online arcades in Germany. This collaboration stands for trust, quality, and a shared passion: gaming experiences driven by responsibility and dedication, the Company said.

“Our Powered by Bragg program delivers Gamomat to StarGames, a leading German development studio based in Berlin, which has been creating games since 2008 that are played and appreciated around the world. More than 150 Gamomat titles are now available online, Powered by Bragg – across 35 countries and in 27 languages. From the very beginning, Gamomat has followed one guiding principle: ‘Passion for games and people.’ Gamomat games combine timeless design, strong themes, and modern game mechanics – and this combination finds its perfect home on StarGames.

“StarGames is among the leading brands in the regulated German online gaming market. Together, we offer players a legal, safe, and entertaining experience – featuring many of Gamomat’s most popular titles, including:

Ramses Book – an Egyptian classic with cult status.

Crystal Ball – magic, free spins, and excitement in multiple versions.

Sticky Diamonds – dazzling gems, free spins, and high winning potential.

La Dolce Vita – the sweet life on the reels, complete with Mediterranean flair.

“These and many other slots from Gamomat and other studios distributed by Bragg are firmly established in the StarGames portfolio and enjoy great popularity among German players. Our cooperation with StarGames is built on shared values: fairness, transparency, and responsibility. We share the vision of creating sustainable, high-quality online entertainment for German players. Through this partnership, we can make our portfolio accessible to a wide audience – in an environment that stands for quality and integrity.”

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Central Europe

NOVOMATIC Once Again Recognised as an “Austrian Leading Company”

Published

4 days ago

February 16, 2026

Wladimir P.

novomatic-once-again-recognised-as-an-“austrian-leading-company”

NOVOMATIC AG has been recognised as an “Austrian Leading Company” for 2026/2027 by the independent excellence platform Leitbetriebe Austria.

NOVOMATIC has been a certified leading company since 2013 and this prestigious status has now been confirmed once again following a comprehensive screening. The evaluation process, which takes place every two years, ensures that certified companies meet the highest quality standards. Decisive criteria include sustainable corporate goals such as innovation, growth and targeted employee development. As one of Lower Austria’s largest employers and a substantial taxpayer, the international gaming technology group makes a sustainable contribution to Austrian value creation. At the same time, NOVOMATIC is pursuing a long-term ESG strategy that combines economic performance with ecological responsibility and social sustainability.

“Long-term corporate success is based on stability, innovative strength, and a clear sense of responsibility towards employees, society, and the environment. This renewed recertification as a leading company confirms our strategic orientation and our commitment to combining economic strength with sustainable corporate management,” emphasised NOVOMATIC Executive Board Member Stefan Krenn as he received the certificate at the Group’s Lower Austrian headquarters alongside fellow Executive Board Members Ryszard Presch and Johannes Gratzl.

Monica Rintersbacher, Managing Director of Leitbetriebe Austria, also emphasised the significance of the award: “For many years, NOVOMATIC has been exemplary in the areas that define a leading company: international technological innovation on the one hand and a clear commitment to its location, employees, and society on the other. With this renewed award, the company is underscoring its role as a stable driving force for the economy and employment in Austria.”

This recertification confirms NOVOMATIC’s position as an economically reliable and responsible company both nationally and internationally.

The post NOVOMATIC Once Again Recognised as an “Austrian Leading Company” appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.