Novomatic Considering Application for Lottery Concession
The Austrian gaming machine manufacturer is interested in expanding into the lottery business. An IPO is considered as an option for improving its financing structure.
Novomatic is planning to apply for casino and gaming machine concessions in Austria and is furthermore interested in the lottery license which will be subject to a call for tenders this year. “We do not rule out the possibility of applying – most likely with a partner from the classic lottery business,” stated CEO Franz Wohlfahrt.
Prior to making a decision, the company…