In Australia, gambling regulation is primarily the responsibility of individual states and territories. Report of Board of Directors on the Company's business activities and the state of its assets for 2017 8 . In the past he was Chairman of PPF as, Chief Financial Officer at PPF Real Estate Holding BV, Chairman & Chief Executive Officer for Raiffeisenbank as, Executive Director-Finance at Komercn banka, a.s. and Director & Deputy Chief . The players mentality is an essential aspect to consider when comparing the iGaming industries in Europe and Australia. SAZKA Group is one of Europes largest lottery and gaming operators. Betsson started 2023 with yet another strong quarter, again delivering record numbers for revenue and EBIT, even though the first quarter has historically often had less activity than other quarters. We are proud that Betssons involvement in sports is continuing together with clubs, fans and customers. Find out more here. Kamil Ziegler is also on the board of PPF Group NV and Opap Finance Plc and Member-Management Board at SAZKA as. This article will explore these differences and what each region can learn from the other to enhance their respective iGaming sectors. Cookies are small text files that are placed on your computer or mobile phone when you browse websites. The companies' registered seats and other identification details remain unchanged. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. We fund our site by showing adverts as you browse our site. Weve operated Opap since 2013, growing the returns to Good Causes and the government by 82%. He began his professional career in 1991 with Procter & Gamble and Benckiser before spending 15 years in mobile telecommunications as Chief Marketing Officer for TMobile Czech, and later as CEO of TMobile Slovakia and T Mobile Austria. We have signed the Mindful Business Charter, joining a wide range of businesses and professional service firms around the world in a collective commitment to address the avoidable stresses in our working practices, to promote healthier and more effective ways of working. You must be at least 18 [eighteen] years of age to use our websites. In 2017 Mr. Chvtal was appointed as CEO of SAZKA Group, while since the same year he serves as an OPAP Board Director. Independent Non-Executive Director. Roland Ruprecht, born on 17 April 1963, residing at Eggweg 30, CH-3065 Bolligen, Switzerland (in the Audit Committee since 1 May 2021, Chairman of the Audit Committee from 28 May 2021), Jan Hrazdira, born on 13 March 1974, residing at Terronsk 656/45, Bubene, 160 00 Prague 6, Czech Republic (in the Audit Committee since 15 May 2020), Martin Koristka, born on 12 September 1985, residing at Na Harfe 935/5D, 190 00 Prague 9, Czech Republic (in the Audit Committee since 1 April 2023). The investment will be effected through an investment into SAZKA Entertainment AG, a newly- established 100% wholly-owned subsidiary of KKCG, which upon closing [] Justin leads Allwyn UKs Board and spearheads the companys efforts to reinvigorate and improve lotteries.One of the best-known names in British retail, Justin has been a leader and innovator in customer-facing businesses for over three decades. Fitch Revises Outlook on SAZKA Group to Stable; Affirms at 'BB-' SAZKA Group strengthens UK market presence with creation of British This appointment aligns with the Companys Board succession plan as well as good governance practice, with outgoing Chair Gary McGann stepping down on reaching his nine-year tenure as Non-Executive Director. Visiting Professor in Hydrocarbons law (2016-19) at Exeter University (School of Law). Vesel, who joined Sazka in 2013 as marketing director and also became deputy CEO in 2018, will begin his new role on February 1. Allwyn is a leading global lottery operator. Kamil Ziegler is also on the board of PPF Group NV and Opap Finance Plc and Member-Management Board at SAZKA as. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports. current Chief Executive Officer is Robert Chvatal, CBI websites generally use certain cookies to enable better interactions with. Despite these differences, there have been efforts to harmonize regulation across the various Australian jurisdictions. Allwyn UK is part of Allwyn, a leading global lottery operator. Mr. aroch is a member of the Boards of Directors of the parent company of KKCG investment group KKCG AG and of individual holding companies that belong to the Group. Casino revenue increased by 37%. While the Australian gambling industry shares some similarities with its European counterpart, there are also significant differences in the way it operates and is regulated. The European iGaming market is characterized by its diverse game preferences, with players enjoying a broad range of options, from classic casino games to innovative skill-based offerings. From 1994 to 2001, he was Associate Attorney at ATAG Ernst & Young, auditing and consulting firm in Basel. our sites and services. His experience will be invaluable as Flutter continues to execute its growth strategy., PHOENIX 7, the Japanese-themed Slot Developer, locks in a B2B licence with the Malta Gaming Authority, Macau Junket Boss Jailed for Illegal Gambling, Money Laundering. Member of the Board at National Energy Council (2006-09). By examining these lessons, both regions can work towards creating a more robust, innovative, and sustainable iGaming industry. The iGaming industry has seen significant growth in recent years, with Europe and Australia being two of the major players. Senior Independent Non-Executive Director. The list of the websites owned and operated by European Gaming Media and Events can be found here. Non-Executive Member. Thereafter, he was appointed Chairman of the Board and CEO in the Czech stateowned Consolidation Bank. For 60 years we have been offering entertainment in the form of casino games, sports betting and other types of games. In addition to pokies, Australian players have a deep-rooted passion for sports betting. She has strong business acumen and deep understanding of financial / accounting related issues, while her legal perspective is an added value resulting to a holistic approach of corporate governance aspects. Find out more here. - Continuously improve our website for you SAZKA Group's Acquisition Of OPAP - publicgaming.com T: +420 225 010 399 I believe the interest in SAZKA Group from one of the worlds leading investors in gaming and largest alternative investment managers and globally confirms the value and strategy of SAZKA Group, and is an endorsement of the excellent work of the entire SAZKA Group management team. Kamil Ziegler - Biography - MarketScreener.com He brings with him an enormous wealth of leadership experience in strategic, financial, and operational matters. She holds a Doctorate from the Faculty of Economics of the University of Kassel, Germany. Since 2019, Dr. Philip Ozuah has served as the President and CEO of Montefiore Medicine, the umbrella organization for the Albert Einstein College of Medicine and Montefiore Health System's 13 member hospitals and 300 . Australia can take a cue from this approach and work towards fostering greater consistency in its gambling regulations across various states and territories. Active customers decreased by 11% to 1,115,641 (1,256,449). In 1996 he graduated from the Southern Graduate School of Banking at the Southern Methodist University in Dallas, Texas. The Company is controlled by SAZKA Sazka Group Appoints Ale Vesel as New CEO of Czech Operations The usual strategy followed by companies associated under EMMA CAPITAL is becoming actively involved in the management of companies in which the group invests. During the years after 2017, George Mantakas has worked as an independent senior business and banking advisor, participating in various projects in the sectors of banking, and other sectors, while the last two years executes various management projects and cooperates with Ballian Techniki SA. SAZKA Group has accepted a 500 million ($590m) investment from New York private equity firm Apollo Global Management to advance its European and North American growth options. Since 2013, he joined lottery sector by being appointed the CEO and a member of the BoD of Sazka a.s., which, following a turnaround, has become one of the fastest growing lottery companies globally. Sportsbook revenue increased by 19% and the sportsbook margin was 8.0% (8.3%). Managing Director of Transition & Deputy CEO. ORGANIZATION OF FOOTBALL PROGNOSTICS S.A. Transcript : Greek Organization of Football Prognostics S.A., Q3 2020 Earnings Call, Nov 26, 2020, Transcript : Greek Organization of Football Prognostics S.A., Q2 2020 Earnings Call, Sep 10, 2020, Transcript : Greek Organization of Football Prognostics S.A., Q1 2020 Earnings Call, Jun 11, 2020, Transcript : Greek Organization of Football Prognostics S.A., 2019 Earnings Call, Apr 02, 2020, Transcript : Greek Organization of Football Prognostics S.A., Q2 2018 Earnings Call, Sep 13, 2018, Transcript : Greek Organisation of Football Prognostics S.A., H1 2016 Earnings Call, Aug 31, 2016, Transcript : Greek Organisation of Football Prognostics S.A., Q1 2016 Interim Management Statement Call, May 31, 2016. Cookies are set by: Responsible gambling is a critical aspect of the iGaming industry, and both Europe and Australia have a lot to learn in this regard. If you disagree with these terms and conditions or any part of these terms and conditions, you must not use these websites. OPAP : Nachrichten in anderen Sprachen | A1JATK | US3924831031 Through our 64,000 points of sale and digital platforms, we serve a market of over 79 million adults, bringing in annual sales of over 16bn. License to use our websites Apollo Global Management Inc., one of the world's leading investors in gaming and largest alternative investment managers, has entered into a deal to invest 500m (448.1m/$591.8m) in Sazka Group and KKCG. OSCRE's board includes eight new board members and three returning members. In recent years, the European market has also witnessed a growing interest in live dealer games, which offer an immersive and interactive gaming experience. According to Member of the SAZKA Group's Board of Directors Pavel Hork, the transaction is another step in the fulfillment of the holding's long-term expansion strategy. The industrys growth has been further bolstered by the rapid adoption of mobile gaming, which has opened up new opportunities for operators and developers alike. {long detailed version} To read this in full, click on the Terms of Service button found in this window. Vesel, who joined Sazka in 2013 as marketing director and also became deputy chief executive in 2018, will begin his new role on February 1. Sports betting is another dominant feature of the Australian iGaming market, driven by the nations rich sporting culture and the increasing accessibility of online betting platforms. Moreover, he is a member of the board of directors of SAZKA Group a.s. and its subsidiaries. Global health company The Cigna Group (NYSE:CI) that Dr. Philip Ozuah has been appointed to the organization's Board of Directors.His appointment is effective June 1, 2023.. - Offer you free services/content (thanks to advertising) In contrast to the diverse game preferences of European players, the Australian market is heavily focused on slots and sports betting. OPAP : Nieuws in andere talen | GF8A | US3924831031 | MarketScreener We do not use cookies to: Our business is entering a new era and this investment and strategic partnership will support our long-term expansion plans. Sazka's current Chief Executive Officer is Robert Chvatal. Dana Dvokov Thanks to Betssons scalable business model, these investments can be absorbed with maintained or higher profitability over time. In addition, EMMA CAPITAL owns an 11.37% stake in the Home Credit Group, one of the largest providers of consumer loans in the world. Operating cash flow was EUR 48.8 (26.9) million. We can look ahead to the rest of the year with a solid financial position that enables continued investments in sustainable growth and value creation for our shareholders. : 24287814. CBI websites generally use certain cookies to enable better interactions with our sites and services. Adobe Stock / moodboard. Allwyn Entertainment Conversely, European countries can learn from Australias experience with the Interactive Gambling Act (IGA) and the role of the Australian Communications and Media Authority (ACMA) in enforcement. Writing speeches and draft answers for key company managers and members of the Board of Directors. Associate Professor at International Hellenic University in energy and hydrocarbons law, energy policy and regulation, cross-border energy trade. In that time, weve grown the lottery by 40% and seen the returns to government and societies increase by 475%. Gen (R) Tan Sri Dato' Sri was appointed as an independent non-executive director of Widad Group Berhad in July 2019. Mr. aroch graduated from the University of Economics, Prague. The Interactive Gambling Act (IGA) of 2001, for example, provides a national framework for the regulation of online gambling, with the Australian Communications and Media Authority (ACMA) responsible for enforcement. Sazka Group Appoints Ale Vesel as New CEO of Czech Operations Sounds fair, doesnt it? Having spearheaded Allwyns successful bid as Bid Director, Alastair will be leading on how we engage with our external stakeholders. The tax domicile will also remain in Austria and OBAG will have the right to nominate Casinos Austria's chief executive and chairman of the supervisory board. Sharon will work closely with Allwyns Chief People Officer and Chief Social Value Officer. With a wide variety of cultures and languages within the continent, players have unique preferences when it comes to game types, themes, and gameplay features. Moreover, he is a member of the board of directors of SAZKA Group a.s. and its subsidiaries. After returning to Greece and serving his military service, he had two years of teaching and research experience in the University of Macedonia, then joined Ionian Bank and held the position of assistant Director in the section of special projects, international business planning, and new product design. thvlaw.com). Reading Time: < 1 minute Sazka Group has appointed Ale Vesel, currently its marketing director, as the new chief executive of its Czech business, replacing Robert Chvtal. In accordance with the Greek Takeover Law, OPAP shall appoint a financial advisor and the board of directors of OPAP shall evaluate the tender offer and shall issue its opinion following the approval of the information memorandum by the HCMC," OPAP stated.----- Milbank LLP advised SAZKA Group on its all cash, unconditional offer to acquire . BetTech Ecosystem Report Offers Upbeat Assessment of Sports Betting and iGaming Industry, With Growth Continuing Across All Sectors. Your submission has been received! We have signed up to the Purpose Goals along with a number of UK businesses, universities and public sector organisations to play our part in efforts to create a level playing field for equal opportunities across the UK. EMMA CAPITAL specializes in strategic investments, where it mainly focuses on the retail business. The majority of Apollo Funds 500 million investment will be used to capitalise on acquisition and growth opportunities in Europe and North America, with a focus on lotteries. Splash Beverage Group, Inc. (NYSE American: SBEV) ('Splash' or the 'Company'), a portfolio company of leading beverage brands, announced the appointment of F. William (Bill) Caple to the Company . Sazka Entertainment renamed Allwyn in global rebranding - SBC News While some countries, such as the United Kingdom, have a single regulatory body overseeing the industry (the UK Gambling Commission), others have multiple regulators responsible for various aspects of gambling. - Make our marketing more efficient (ultimately helping us to offer the service we do at the price we do) These games require an element of strategy and knowledge, which appeals to the competitive nature of many European gamblers. The Cigna Group Announces Appointment of Dr. Philip Ozuah to Board of Katharine has a wealth of sales and retail knowledge having carried out senior roles at The Yorkshire Post, News UK, Marketforce UK, M&S, Sainsburys and the Post Office. Giselle leads Allwyns Corporate Affairs, having served as the bid organisations Campaign and Partnerships Director. Allwyn Entertainment The Privacy Policy also sets out the ways in which we may use your personal data. The international and business know-how of the two groups is bundled in SAZKA Group: expertise in long-term strategic management, industry focus, successful consolidation and sustainable development of companies. District Mlada Boleslav, Czech Republic. Victoria will work closely with Allwyns Chief Compliance, Risk and Security Officer and Corporate Affairs Director, helping deliver a smooth transition of operations. No. Claim your profile to get in front of buyers, investors, and analysts. This website does not use cookies (except from those necessary to provide basic site functionality) or any other methods of user identification and recognition. In conclusion, the iGaming industries of Europe and Australia have much to learn from each other. Innovation has been a key factor in the European iGaming markets success. Managing Partner at THV Law (www. As an Attorney at Law, member of Athens Bar Association since 1981, practicing energy law, environmental law, corporate law and public procurement law. We build better lotteries that return more to good causes by focusing on innovation, technology, efficiency and safety. KODA AUTO a.s. 2007 - 20103 roky. Highlight your management teams expertise. Responsible for leading Allwyn UK's Communications, Claire provides a wealth of experience in reputation management and internal engagement. Responsible gaming is an integrated part of Betssons strategy and a prerequisite for long-term success as a gaming operator. Born in Ceska Lipa in the Czech Republic. Otherwise, sorry, guys, ours websites are not for you. - Collect any personally identifiable information (without your express permission) The lottery-first approach of focusing on affordable recreational play has earned us leading market positions with trusted brands across Europe in Austria, Czech Republic, Greece . Understanding the preferences, habits, and motivations of players in these regions can help operators tailor their offerings and marketing strategies to better serve their target audience. Additionally, European players tend to gravitate towards live dealer games, which offer an immersive and interactive experience that closely resembles playing in a brick-and-mortar casino. Unless otherwise stated, European Gaming Media and Events and/or its licensors own the intellectual property rights published on our websites and materials used on the European Gaming Media and Evnts network. He started his career with Malaysian Army in January 1977 and received his military training as officer cadet . Operating income (EBIT) was EUR 43.0 (23.6) million, an increase of 82%. Moreover, he has also been in charge of the operation and management of OPAPs gaming and nongaming commercial activities, across all retail and online channels, and contributed significantly to OPAPs initiatives and response to the coronavirus (COVID19) pandemic. He brings tremendous additional strength to our international perspective as we strive to maximise the raising of funds for good causes in all of the markets we serve., GI Games Round-Up: Relax Gaming, Playn GO and more, Allwyn reports strong Q2 growth as gross revenue tops 900m, Americas drive Genius Sports growth as Q2 revenue climbs to $71.1m, OpenBet powers Sazkabet sportsbook in the Czech Republic, SuperSport secures naming rights to Croatian Football League, Allwyn widens Q1 profit as revenue grows to 869.3m, OPAP to divest stake in online gaming operator Kaizen, Camelot loses out to Allwyn in UK National Lottery bid, Allwyn increases stake in Greek gaming operator OPAP, Allwyn Entertainment prepares New York listing with CRHC SPAC, Strong third quarter for SAZKA as GGR grows to record $876.2m, Holland Casino CEO set to join Casinos Austria, NeoGames benefits from NeoPollard Interactive growth in Q3, Gambling Commission confirms four final bids for UK National Lottery, KKCG and SAZKA Group bring in Pavel Turek to strengthen CSR, Sign up to our free newsletter on the newsletter sign-up page. Find out more here. By adopting a more harmonized regulatory approach, embracing innovation and new technologies, and fostering responsible gambling practices, both regions can work towards creating a more robust, innovative, and sustainable iGaming industry. At the same time, Australian operators can look to their European counterparts for guidance on how to capitalize on the opportunities presented by mobile gaming and other innovative business models. SAZKA a.s. ("the Company") is a member of the group with its managing entity SAZKA Group a.s., with its regi-stered office at Vinohradsk 1511/230, Stranice, 100 00 Prague 10, Id. Following the transaction, the SAZKA Group now controls the EMMA DELTA fund, and, consequently, holds an indirect 33% share in the Greek lottery company OPAP. According to Member of the SAZKA Group's Board of Directors Pavel Hork, the transaction is another step in the fulfillment of the holding's long-term expansion strategy. A visionary business development professional, Eddie offers 20 years of senior management experience in the gaming sector. Australia is home to one of the most vibrant gambling markets in the world. The winner of the tournament was home-grown player Nicolas Jarry, who won his second ATP title this time, after having won the Swedish Open in Bstad in 2019. In 1984 Mr. Ziegler graduated from the University of Economics, Faculty of Trade, in Prague. Aligning ourselves to the UN-backed Race to Zero campaign, we have signed the Planet Mark Zero Carbon Commitment to pledge to achieve net zero by 2030 or sooner. By continuing to use this site you are consenting to these choices. Prof. ConradForker is an Attorney at Law. On the other hand, Australias commitment to research and education around problem gambling can provide valuable insights for European countries. Vesel joined Sazka from telecommunications . Allwyn is a leading global lottery operator. Group revenue was EUR 221.9 (170.2) million, an increase of 30%. Everything on our websites belongs to us. A full list of rating actions is below. M: +420 602 372 834 Organization of Football Prognostics S.A. Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India, Morgan Stanley's dealmaking CEO Gorman signals more transactions to come.

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