Österreichischen Lotterien is majority owned by Casinos Austria GmbH along with several banks
Novomatic acquires minority stake in Österreichische Lotterien
2015-06-10
Reading time 24 seg
In a short statement, Austrian Investment firm B & C Industrie Holding said it had sold its BAIH subsidiary comprising a 7.94 percent minority stake in the part-Austrian state owned Österreichische Lotterien (ÖLG) to Novomatic for an undisclosed consideration.
The news comes as a surprise to many mainly because of stringent pre-emption rights. Österreichische Lotterien is majority owned by Casinos Austria GmbH along with several banks including Erste Group, Volksbanken, Bankhaus Schelhammer and now Novomatic.
“B & C has found the best possible buyer for ÖLG. The OLG and its associated companies can benefit greatly from the expertise of Novomatic’” a company spokesperson said.
Leave your comment
RELATED NEWS
Gaming revenue climbs 4.9%
Aristocrat reports higher first-half profit on gaming sales and market share gains
Slotegrator's Product Owner Maksym Shtun
"Predictor is the answer for operators who want to offer prediction markets to their existing regulated player base"
Linked progressives and cabinets
NOVOMATIC brings Balkan-focused gaming portfolio to Belgrade Future Gaming 2026
COMPANIES
Gaming revenue climbs 4.9%
Aristocrat reports higher first-half profit on gaming sales and market share gains
NorthStar Bets continues operation as usual
NorthStar Gaming hit with cease trade order by Ontario Securities Commission after auditor withdraws report
1xBet reflects on its partnership with Barça
Best for the second year in a row: How FC Barcelona and 1xBet are making history
By Oksana Izmailova, CHRO at RedCore
Core values that matter: How they transform modern companies
NYCE Marketplace
Company shares insights
How Nirmata Play expands access to game creation through low-cost RGS infrastructure
Racing and Sports shares insights
Racing as a continuous betting product for LATAM operators
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Taking place on June 15
Zitro to showcase new gaming products at Zitro Experience Peru event alongside PGS trade show
To take place on May 26–28, Las Vegas
19th International Conference on Gambling & Risk Taking announces additional keynotes, panels
Linked progressives and cabinets
NOVOMATIC brings Balkan-focused gaming portfolio to Belgrade Future Gaming 2026
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
