Austrian gaming giant NOVOMATIC has moved to acquire a stake of almost 30 per cent in Casinos Austria, the part state-owned gaming operator, just days after more than doubling its holding in the operator’s lotteries division Österreichischen Lotterien (ÖLG).
NOVOMATIC is set to own a direct stake in the business after one of Casinos Austria’s three private shareholders, MTB Privatstiftung, accepted a bid for its 16.8 per cent holding, with the purchase price kept private.
The company will also [...]
