Casinos Austria and Austrian Lotteries with Top Results 2014
Vienna, 20 April 2015
For immediate release
Marked growth in the casino, lottery games and VLT sectors brings record sales of 3.62 billion euros; massive increase in earnings to 41.7 million euros.
There were plenty of reasons to celebrate at the Casinos Austria and Austrian Lotteries Group in the 2014 business year. All companies in the group – Casinos Austria, Austrian Lotteries, Casinos Austria International and the Entertainment subsidiary which handles the group’s online, video lottery terminals and sports betting activities – posted increased sales compared to 2013 and thus contributed to raising the group’s consolidated sales to a record 3.62 billion euros. This corresponds to a rise of 3.34 percent year-on-year. The group paid out a total of 2.43 billion euros in prize money and winnings in 2014 – the largest amount in its long and successful history. With total tax payments of 552 million euros, the group also once again confirmed its role as one of the top five taxpayers in Austria. Great performance in its domestic business and further restructuring successes in its international business led to operating results almost doubling to 62.8 million euros, and group earnings rocketing to a gratifying 41.7 million euros. Chairman Karl Stoss summed up the year in a correspondingly positive tone: “We introduced many measures, launched new products and further increased our efficiency. Strengthened by these extremely gratifying results, we can now continue to work with full force on the future of this great group of companies.”
At Casinos Austria in particular, 2014 was a very eventful year on many counts. With total investments in the double digit millions, the company refurbished its casinos in Bregenz, Velden, Salzburg and Vienna, giving each of them a brand new look that caters to the demands of contemporary guests. The eight casino restaurants operated by Casinos Austria flourished under the new Cuisino food and beverage (F&B) brand, and the launch of Double Roulette introduced a new variation of the game in which small bets have the chance to win up to 1,200 times the amount bet. Guests acknowledged all these measures and flocked in increasing numbers to the 12 Austrian casinos, which welcomed a total of 2,504,422 guests in 2014, a rise of 6 percent year-on-year. Revenues were up by 3.2 percent to 271 million euros, generated in equal measure from rising gaming revenues and a healthy plus at the Cuisino F&B subsidiary.
Following on from its excellent results in the previous year, Austrian Lotteries raised its sales figures once again in 2014 – this time by 3.3 percent to an all-time high of more than 3.15 billion euros (including win2day and WINWIN). This can be attributed in part to the extremely gratifying results at the WINWIN Video Lottery Terminals (VLT) subsidiary, where total sales for the year were up by 15.1 percent to some 635 million euros (2013: 551 million euros). Innovative new forms of playing the lottery, like the TeamTipp (literally: “team numbers”) and Anteilsschein (literally: “share ticket”) brought a strong increase in sales for the Lotto “6 aus 45” national lottery product to 586 million euros (5.4 percent). Last, but by no means least, the Rubbellos scratch-off lottery product successfully continued its multi-game strategy, introduced a number of new games – including two for mobile phones and tablets – thereby raising its sales for the year to 128 million euros, an increase of 7 percent compared to the previous year.
There was also good news to report from Casinos Austria International (CAI). CAI succeeded in raising its revenues by 1 percent year-on-year to 139.1 million euro, a significant achievement given the stagnating and in some areas even clear downturn in the international casino sector. The restructuring measures introduced continued to prove their worth and contributed to further enhancing the earnings and revenues situation: all CAI operations further improved their operating performance in 2014, resulting in an operating profit of 866,000 euros.
Operating profits of 57.69 million euros (compared to 44.4 million euros in the previous year) at Austrian Lotteries and 8.9 million euros in operating profits from the 12 Austrian casinos ultimately led to gratifying consolidated group profits of 41.7 million euros. The group once again also lived up to its name as one of Austria’s biggest taxpayers: a total of 552 million euros in taxes and duties were paid to the Ministry of Finance in 2014, an increase of 4.2 percent compared to the previous year. Furthermore, the group also once again confirmed its reputation as one of the country’s most eminent sponsors of social causes, the arts, culture, sport and tourism.
The group also further strengthened its leading role in the field of responsible gaming and player protection in 2014: Austrian Lotteries has successfully undergone recurring responsible gaming audits by the European Lottery Association and the World Lottery Association since 2009. At the start of 2014, Casinos Austria’s responsible gaming management system was also certified by the European Casino Association. This makes the Casinos Austria and Austrian Lotteries Group one of the first fully certified gaming groups worldwide.
The Casinos Austria AG Annual Report is available for download (in German) here. The English version of this Report will be available in early May. The 2014 Financial Report for Casinos Austria International Holding will be published at the end of April.
For further information, please contact
Casinos Austria International
Head Office Vienna
Phone: +43 1 534 40 524, +43 1 534 40 524