Novomatic acquires Casino Riviera, its 9th in Slovenia

Novomatic has taken over Casino Riviera in the Slovenian seaside resort of Portorož, which means it now controls nine out of 26 licensed casinos in the country.

The acquisition was made a few days ago, as reported last Saturday by local newspapers Delo and Dnevnik. 

Acting through the company Novo Investicije, Novomatic acquired Casino Princess in Nova Gorica in June. The casino had been indirectly owned by the Turkish chain Princess Group International.

In the past few years, Novomatic acquired the casinos Kongo near Grosuplje just south-east of Ljubljana and Lev in Ljubljana from Slovenian entrepreneur Joc Pečečnik. Under the Admiral Slovenija brand, the Austrian group also operates casinos and hotels in Kozina (Admiral Casino Mediteran), Škofije (Casino Carnevale) and Ptuj (Casino Poetovio), and gaming parlours in Maribor (Casino Joker) and Lesce (Casino Tivoli).

Novo Investicije, which employs more than 300 people, last year generated EUR 32 million in consolidated sales revenue, up 60% on the year before, as net loss rose by 171% to EUR 2.17 million. The sales growth came as the companies acquired from Pečečnik's Elektronček had been folded into the Novo Investicije group.

Over the past week until Thursday, the Novomatic Group showcased its comprehensive product portfolio at G2E Las Vegas 2019, rolling out brand new games for casino markets, new linked progressive jackpots, casino management systems, sports betting solutions like Novomatic ActionBook and innovative products for the VGT markets. Visitors were also able to discover online and social gaming products at the Novomatic booth.