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Novomatic predicts strong growth driven by acquisitions

1st September 2011 8:35 am GMT

Austria’s Novomatic Group says it expects to achieve substantial revenue growth for the full year following an acquisition spree which has seen it increase its stake in Italian VLT operator G.Matica, UK gaming device manufacturer Empire Games, German casino operator Spielbank Berlin and online gaming supplier Greentube.

Revenues in the first half of 2011 have improved by 17 per cent versus a year ago to €654.7m, driven by the expansion of VLTs in the company’s core [...]

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