Major European lottery company Sazka Group, based in the Czech Republic, has closed the acquisition of an additional 17.19 per cent shareholding in Casinos Austria AG, formerly held by Novomatic.

Casinos Austria

This brings Sazka’s total holding in Casinos Austria to 55.48 per cent.

Its CEO Robert Chvatal, said: “Together with our fellow shareholders, we are looking forward to increasing the value of Casinos Austria – a treasured national brand – for the benefit of customers, employees and most importantly of all, Austrian society.”

Sazka runs lotteries in the Czech Republic, Greece, Austria, Italy and Cyprus.