NOVOMATIC GROUP, one of the biggest international producers and operators of gaming technologies in Europe captured a lion share of attention once again with its biggest appearance at ICE Totally Gaming London, the world’s most important gaming fair. Here a total of 25 group companies presented the NOVOMATIC Group’s comprehensive product portfolio from February 6th-8th, across an expanse of approximately 4,700m². The offers at the NOVOMATIC exhibition stand ranged from high-tech casino equipment, systems and cash management solutions to arcade and pub products, sports betting, online, mobile and social gaming etc.
Harald Neumann, the CEO of NOVOMATIC AG said at a press conference at ICE London: “With this trade show appearance, which was again the largest, NOVOMATIC persists to prove that as a full-service provider, we are among the world’s leading gaming technology groups.”
During the fair, Harald Neumann made an initial assessment of the 2017 fiscal year of the NOVOMATIC Group. The initial assessments revealed that the accumulated revenue of the NOVOMATIC Group witnessed a hike by around 10 percent to more than EUR 4.8 billion in 2017.Accordingly, Neumann expects to achieve a new revenue record.
NOVOMATIC is all determined to set its focus this year on leveraging the synergies between its approximately 300 companies, following the acquisition of a 52 percent stake of Ainsworth Game Technology. However, further acquisitions are not ruled out.
According to Neumann, initial calculations indicate that the NOVOMATIC Group will generate an accumulated revenue of EUR 4.8 billion in the 2017 fiscal year (2016: EUR 4.4 billion). The NOVOMATIC Group includes – in addition to NOVOMATIC AG – the Swiss companies ACE Casino Holding AG and Gryphon Invest AG.
NOVOMATIC AG itself will also be able to report a record revenue again this year, with figures increasing by a further 10 percent compared to 2016. The NOVOMATIC Group additionally achieved a new record in terms of headcount with around 29,500 employees.
The NOVOMATIC Group has seen strong growth in recent times, primarily through strategic acquisitions. The company now has 300 shareholdings, around 230 of which are consolidated in the balance sheet. Indeed, on January 5 this year, the finalisation of the majority holding in the Australian industry giant, Ainsworth Game Technology Limited marked a significant milestone in the history of NOVOMATIC AG. “Having grown a lot over the past few years, we will this year focus on increasing synergies between companies and, correspondingly, on more effective internal structures,” added Neumann. “Nevertheless, we will continue to watch the market and make purchases, where it makes sense,” He concluded.
The NOVOMATIC Group is one of the biggest international producers and operators of gaming technologies and employs around 29,500 staff worldwide. Founded by entrepreneur Professor, Johann F. Graf in 1980, the Group has locations in more than 50 countries and exports high-tech electronic gaming equipment and solutions to more than 75 countries. The Group operates around 270,000 gaming terminals and video lottery terminals (VLTs) in it’s some 2,100 plus gaming operations as well as via rental concepts.
Through its numerous international subsidiaries, the NOVOMATIC Group is fully active in all segments of the gaming industry and thus, offers a diversified Omni-channel product portfolio to its partners and clients around the world. This product range includes land-based gaming products and services, management systems and cash management, online/mobile and social gaming solutions as well as lottery and sports betting solutions together with a range of sophisticated ancillary products and services.
Source: European Gaming News