Novomatic’s Yearly Income Reaches €4.8 Billion

Novomatic’s Yearly Income Reaches €4.8 Billion

Well-established gaming technology company, Novomatic, has revealed its yearly income for 2017, which surpasses €4.8 billion or 10% more than the previous year. The constant growth and revenue increase has been achieved through strategic acquisitions, such as the one from October 2017, when the concern purchased Capecod Gaming – prominent casino games developer and supplier from Italy.

At this moment, the group is holding a stake in over 300 companies and exports premium gaming products to more than 70 countries! Thanks to an innovative dual strategy which includes both equipment and software for land-based and online casinos, Novomatic has achieved global success and now covers an entire suite of high-tech gaming solutions.

With subsidiaries in 45 countries, 260,000 gaming terminals and 25,000 employees worldwide, the company has grown into an industry giant and will focus on effective internal structures, says Harald Neumann, CEO. Moreover, to stay on top of the game, the Austrian-based supplier will continue to observe even the smallest changes on the market and make new quality purchases.

Novomatic’s subsidiaries from Swiss, ACE Casino Holding AG and Gryphon Invest AG have made record revenue performance in 2017, whereas the company’s first licensed online operator in Hungary, Greentube, has also been giving tremendous results since April 2017 when it launched. Apart from slots games and standalone progressive jackpots, the group offers an omni-channel portfolio of products that include platforms and various solutions for lottery, casino management system, media and sports-betting.

The supplier’s enormous suite of slot games now counts over 348 titles, including recently released editions such as From Dusk Till Dawn, Sync! Sync! Sync! and Power Stars.

Source:

“Record year for Novomatic as revenue hits €4.8bn”, gamingintelligence.com, February 12, 2018.