Revenues up for Casinos Austria and Austrian Lotteries in 2013
For immediate release
Vienna, 5 February 2014
2013 was without doubt an eventful year for the Casinos Austria and Austrian Lotteries group. The ongoing economic crisis continues to restrict growth in the gaming sector worldwide. It is therefore all the more gratifying that the Casinos Austria and Austrian Lotteries Group was once again able to very successfully hold its ground. Indeed, provisional figures for 2013 indicate that the group will follow its record results in 2012 with a further rise in sales of just under one percent to almost 3.57 billion euros.
This success was driven primarily by a 3.2 percent increase in sales at Austrian Lotteries, generated in turn above all by the growth achieved at the online subsidiary win2day.at (20 percent to 551 million euros).
Final sales figures for 2013 for the group’s domestic and international casino operations are not yet available. However, current indications suggest that these will lie just under the levels achieved in 2012. A positive development was seen at the group’s 12 casinos in Austria, which welcomed more than 2.36 million guests throughout the year. This represents an increase of 1.7 percent year-on-year and brings domestic casino visitor numbers to their highest level since 2008.
Given the complexity and the number of different countries and currencies involved in the production of its consolidated results, no figures are as yet available for Casinos Austria International for the 2013 business year. However, it is already clear that the Casinos Austria subsidiary, which was badly shaken above all in 2011, has succeeded in massively improving its operating results in 2013. Thanks to the successful restructuring and reorganization measures that were introduced, Spielbanken Niedersachsen in Germany has returned to profitability, and Viage in Brussels is also well on the way to a return to the black. The withdrawal of the licenses in Argentina was a serious blow for CAI. However, when initial legal appeals failed to reverse the decision, CAI initiated immediate legal proceedings to recover losses. The actual extent of any such loss has yet to be finally determined. CAI will continue its efforts to negotiate with the Argentinian authorities to bring the matter to a satisfactory conclusion.
Final sales figures and results for 2013 for the Casinos Austria and Austrian Lotteries Group will be published in early April.
Further information on Casinos Austria and Austrian Lotteries can be found on the following websites:
Head of Corporate Communications
Casinos Austria AG and Österreichische Lotterien GmbH
Tel.: +43/1/53440 – 22326