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In , he handed over the reins to Dr. Bernd Oswald. The company now has more than subsidiaries. As a result of this continual development, the future focus of the company will be on improving synergy potentials and continuing to increase efficiency between companies. Founded in by the industrialist Prof. It is. This includes. Thanks to its 29 technology centers in 16 countries,. Both modular software architecture and interoperability of the various develop-. The open platform infrastructure allows for the inte-.
More than registrations are added each year. The duality, as a pro-. Creating a standout impression, advancements made to the presentation include new state-of-the-art monitors and LED lighting that give an ultra-modern look and feel. The Roulette wheel has been completely re-engineered and is significantly faster and sets new standards in terms of speed.
Another novelty for the ETG segment in was Simultaneous Betting, a functionality that allows players to play up to three sessions of one game type simultaneously. Both novelties were staged at ICE for the first time. The slot game delivers an explosive adventure for slot enthusiasts and fans of the film alike. Continuous technological developments and innovations. Greentube Internet Enter-.
Greentube uses its omni-channel solution to combine the business areas of. Plurius enables product launches for desktop, smartphone and tablet channels. The same strategy is in use in the United Kingdom. In mid, the Group acquired Talarius, and with it around gaming facilities. In Italy, the largest gaming market in Europe based on the number of slot machines with a total of , gaming devices, the Group was able to increase sales in the reporting period via organic and acquisition-based growth to a total of EUR Operating sales of the Spanish Group companies more than doubled during the last year, reaching a high of EUR Sales increased by EUR This increase was mainly generated in the markets of Latvia, Croatia, Serbia and Macedonia.
The location covers more than 3, square meters and contains over gaming terminals and 20 live gaming tables. In addition to a restaurant, a sports bar with stateof-the-art technology, as well as seminar rooms, the site also offers a four-star hotel with a total of 45 rooms. In , the facility network was expan-. In addition, NSBS delivers a powerful module for comprehensive sports betting offered in various currencies and langua-.
NOVOMATIC is active in several markets with a variety of brands and sports betting offers matched to the market in question, both as an operator of independent betting facilities and, where allowed, sports betting areas in casinos. In addition to around 2, SSBTs, as well as checkouts in over facilities in Austria and Germany, the customer also, of course, has access to online and mobile portals.
Lottery NOVOMATIC Lottery Solutions has comprehensive expertise in the field of lottery and presents its innovative products, as well as latest technology solutions, at a multitude of trade shows to an international industry audience. With a degree product portfolio of the latest in gaming. On request, NLS serves as a full-service provider for the customer, taking over areas such as marketing, logistics and support.
A particularly important part of the service is a secure, open and flexible lottery platform, which can be easily integrated into thirdparty products such as bingo, keno, sports betting, instant games and any type of draw-based lottery game, etc. Access to the platform gives lottery providers a flexible tool for creating products ideally matched to each target group, with significant user-friendly features such as single registration and single wallet, providing a great customer experience.
This ensures secure and continuous growth on a national and international level. The entire gaming industry is marked by a dynamic regu-. Accepting responsibility for the social and ecological. This can be done, for example, by obtaining and securing licenses,. The company carried out a dozen structured interviews with. Then, in order to identify the relevance and the scale of the impact,. The representatives redefined the content of. The goal is to. Negative effects,. The non-financial key figures rolled out across the Group for the first time in allow for the structured control and.
These include company approaches to avoid negative effects and encourage positive results. They therefore serve as a guideline for individual measures within the strategic fields of action, and are each listed at the beginning of the chapters in this report. To expand on this, the team identified important indicators for developing performance in each strategic field of action.
In the coming year, the plan is to determine strategic goals based on these performance indicators. The existing strategic fields of action were confirmed by this process. These fields of action define the strategic scope of all CR activities. Concrete issues and measures within these fields of action are determined via a materiality process which the company carries out regularly.
The fields of action and corresponding action principles are:. Support permanent, broadly effective and sustainable economic growth, productive full-time and humane work for all. Create a robust infrastructure, promote broadly effective and sustainable industrialization and support innovation.
UNGC is the largest global initiative for the implementation of corporate responsibility and sustainability. This report serves as a communication on progress. In addition, the Corporate Responsibility Board holds quarterly meetings to foster continued development and conver-. The CR Committee is made up of members from. The Committee meets around three times a year, and when needed.
For the international coordination, control, and measurement of development in the CR fields of action, Group CR. Each CR Officer within a subsidiary delivers CR relevant information to the headquarter, implements measures and projects, ensures guidelines are met, and maintains a dialog with local stakeholders. They engage regularly in CR team calls, international meetings, and a continuous bilateral exchange of information. The roles and responsibilities of all CR organization levels have been updated and communicated to the managing directors of the relevant subsidiaries.
In addition, a comprehensive set of non-financial performance indicators was defined for the strategic fields of action, in order to ensure that development of Group CR performance can be measured. In , the company plans to improve the degree of coverage and quality of the indicators and set goals. The ultimate goal is to create a joint CR standard for all major subsidiaries. After all, the goal is to keep the best employees with the company and encourage the best job applicants to apply.
The company provides its customers with perfect entertainment in a trustworthy and controlled environment. How to read this report Corporate responsibility contents are reported each year. The last CR report was released on April 27, Unless otherwise stated, all information and data refer to the fiscal year from January 1 to December 31, Unless otherwise stated, the following companies, known as core companies, are included in the report:.
The information and data in this report is based on definitions from the Global Reporting Initiative GRI standards in. Only continuous and transparent development within the five CR fields of action can lead to stakeholder trust. The focus was on expanding the CR organizational structure, the relevant. These measures are the foundation for the structured development, control, and performance measurement to be performed this year. One of the main focuses for will be the issue of gaming addiction prevention and player protection.
For this reason, the company maintains a dialog with all these stakeholder groups. This balance allows for proper evaluation of the relevance of significant CR issues from a stakeholder perspective and helps identify potential areas of improvement. In turn, the company is able to set CR management priorities that reflect the needs of both the stakeholders and the company.
The company is aware that not all stakeholders share its perspective, and that there are some critical elements. Transparency in regards to CR measures and results, as well as open and constructive dialog, is essential to credible stakeholder communication.
Matthias Reisinger Impact Hub Vienna. The results of this process were then used to identify and evaluate the most significant Corporate Responsibility fields. The following summary is a list of different types of information, dialog, and direct cooperation with the company's stakeholders:.
The results of these measures are then used in the Group stakeholder process. Over the next year, the company intends to strengthen transparent and constructive dialog with its stakeholders. In doing so, it is important that it shines a light even on sensitive issues and criticism, familiarizes itself with stakeholder expectations and requirements, and comes together to find solutions.
GRI The Corporate Responsibility department would be pleased to receive any feedback or suggestions you may have. Group Corporate Responsibility Tel. Each of these pillars offers a multitude of fields. GRI Standards: www. Further development in the fields of action using measures at both the Group level and within the subsidiaries. All subjects presented are actively addressed within the frame-. The X axis shows the degree of positive.
For the first time, the matrix below includes an evaluation of the impact of those business activities defined by the GRI standards and the EU Guidelines on Non-Financial Reporting. The size of the circle represents relevance to the business,. Illustrates ten principles for responsible trading. ISO is also an ISO standard for managing numerous quality aspects and provides a basis of evaluation for quality performance.
The standard, published by the International Standardization Organization ISO , helps with management and performance evaluation in regards to ecological aspects such as environmental protection, use of resources, waste, waste water and so on. This ISO standard specifies the requirements for an information security management system within an organization. It also provides requirements for evaluation and handling of information security risks. Responsible Entertainment Enjoyment of the game and responsible use are not contradictions.
The figures and graphics presented in this chapter apply, un-. The company takes the require-. Company-wide goals, requirements and information offerings are determined. The company welcomes clear, legal regulations and is. The risks listed include violations of legal requirements and internal company regulations with.
Where permitted, and if it makes sense to do so, the company implements player protection measures above and beyond those legally required. These measures are designed to support informed and responsible gaming. Registration prevents minors from taking part in the games.
For all other customers, the card allows restrictive. There are many methods available for operators of electronic casinos to prevent gaming addiction. Around 50 percent of window space in all Luxury Leisure Ultd. The goal of these messages was to familiarize customers with the importance of responsible gaming.
Not only that, all employees and branch managers were prepared. ASW also offers comprehensive online betting services to its customers. The ASW customer card and associated bonuses support guaranteed player protection. Each facility has a specially trained prevention representative responsible for holding informative talks with customers.
The certification will be renewed in when the current certificate. Online gaming is a growing market around the world. At the same time, technical possibilities open new paths to player protection. One example of this is the player protection measures introduced by Greentube Internet Entertainment Solutions GmbH, which is based in Austria and Malta.
These measures use a technical system to identify problematic player behavior during online gaming over a period of time. In the event of behavior deemed. As a developer of online gaming solutions, Greentube also equips its products. This is one. ADMIRAL service center employees are supported by video monitoring in all entrances and gaming areas within the gaming facilities.
The video-based system is monitored from the. For example, no advertisements that appeal to minors are made in the media. In addition, every advertisement contains the player protection logo, information on the minimum player age, notes on playing responsibly and contact information for a free counseling hotline.
In , the company designed an advertisement specifically based on the issue of responsibility. In doing so, the company must fulfill legal requirements and framework conditions. In aid of this, the company identifies all significant financial and non-financial risks at an early stage, evaluates them, and minimizes them using suitable measures. This has a long-term and sustainable effect on the success of the company. The compliance manager has prescri-. Corporate Responsibility CR officers.
It seems that the risks compiled so far with regard to player protection are. Days with lectures from various departments. This means that employees have the chance to meet their contact partners in. Risk management. Annual Report notes into consideration.
It also considers non-financial aspects, such as securing licenses with player protection. The Group company and business segment executives are responsible for continuous observation of the. New risks and opportuni-. Based on the risk-oriented audit plan, the focus of Group-wide. In the past year, the company introduced organizational measures to prepare for and implement the regulations con-. The Board is made up of the Chief Exe-. In particular, these include. A specific guideline describes the minimum require-.
Since its establishment, the company has had an information security management system ISMS in place, certified. This means that negative effects of illegal gaming are often incorrectly ascribed to operators of legal gaming. This is due to the fact that the large majority of suppliers are subject to European law,. One reason for this is that it pro-. This assessment covers many aspects of.
The goal is to prevent unfair market practices and. This ruling provides. To this point, more. Supplier Responsibility United Nations Global Compact Principles: Products from suppliers are an essential part of the production process. Active participation, such as the provision of expertise as part of legal decision-making. This particularly applies to commitments to.
The persons responsible for lobbying on behalf of the company are registered with the Austrian Lobbying and Interest Group Register. The majority of suppliers have company headquarters and production locations within the European Union. The company can therefore state with confidence that the supply chain is not subject to increased human rights violation risks.
This was confirmed in by means of an analysis of ecological, social, and economic risks in the supply chain. An additional tool for ensuring that human rights are upheld, particularly with regard to equality, is the Equal Opportunities point of contact introduced in The point of contact serves to implement the Group guidelines on equal opportunities introduced in A summary can be found on page 48 of this report.
The headcount is represented including those on parental leave. As one of the leading manufacturing and service companies in the gaming technology industry,. Almost half of. Klaus Niedl of course the general Global Human Resources Director attitude towards the people within the company are essential.
If you take care of your employees, they will take care of the clients. At the. Employee issues are also included in the Group-CR risk evaluation, carried out for the first time in The recorded risks include avoiding violating legal regulations and internal Group guidelines e. The company has taken various measures to minimize risks in these areas as much as possible. Employees are offered the best possible framework conditions for a healthy, secure, and motivating work environment.
Regardless of their type of employment, all employees have access to the same company offers and social services. This confirms that the company strategy to attract the best specialists and managers on the market is a success. The award recognizes, in particular, performance in the areas of sustainable management, a strong market and customer orientation, as well as consideration of employees, the environment, and society.
This state-certified seal of quality recognizes companies that are family friendly. This seal is awarded to those companies that fulfill specific quality criteria when it comes to promoting health. Companies who receive this award have exhibited special care when it comes to creating a workplace that is appropriate for aging and inter-generational employees.
There is a Learning and Development Team that deals with training challenges and services across all departments and business segments. In the future, acquiring skills for the digital transformation or Industry 4. The focus changes each year. One goal of this event is to introduce apprentices to new issues, such as diversity and. Apprentices with various specialties, such as. Apprentice Get Together among others : Mr.
Patrick Cilif, Mrs. Denise Eisenberger, Mr. Manfred Burger, and apprentices. All employees have access to these training courses. Eight trainees were. These options can be selected from a comprehensive training catalog. The majority of company sales take place in the core markets in Germany, Italy, the United Kingdom,. In , the company defined and recorded significant indicators for occupational health and safety.
Examples of good practice in these areas were shared with subsidiaries by Corporate. The total satisfaction of participating employees and managers was. This represents a significant improvement over the results in with regard to communication and. An inte-. It describes the goals and action principles within the. Children had access to a variety of sports and other fun activities, such as soccer, floor and equipment-based gymnastics, tennis, or dance.
The goal is to offer employees in challenging situations, whether private or professional, support —. The company completed a level 1 audit and a certification audit, resulting in certification being granted by Quality Austria, an auditing company. In the future, the goal is to achieve certification in accordance with the new ISO standard.
Health Management 2 Support from employees and management is essential to 0 This is the Lost Time Injury Frequency Rate LTIFR , compiled from the work accidents requiring notification within subsiTotal Gaming Gaming diaries divided by the number of hours worked multiplied by Technology Operations a factor of one million recorded for the first time in For this reason, NGI completely revamped its health management in The new NOVOHealth health management consists of a core team of employees from the Production, Human Resources, Health and Safety, Environmental Protection, and Group Operations departments, as well as the company physician and an occupational therapist.
This group regularly discusses. In addition, a steering committee was created to make. Various public safety organizations, and organizations promoting occupational safety, had booths on site. The day began with an evacuation drill, in which employees were evacuated in under 15 minutes. A new record was set compared to last year, with active participants visiting the various safety booths. The focus, in par-. Just about 20 stations were set up, in which employees could.
The health rate is the percentage of employees that did not take any sick leave days during the time period in question recorded for the first time in Gerhard Hutter, Dr. Monika Poeckh-Racek, Mrs. Jan Pazourek, Mr. Maurice Androsch. NOVOSummer was another important company event. This event saw employees from the Madrid-based subsidiaries invited to a company BBQ. It includes a team founded within the company that. Last year, the company introduced a professional counseling. The goal of this guideline is to guarantee that no-one is forced to accept unequal treatment,.
The issue of equal opportunities and the new guidelines were discussed extensively as part of the annual meeting of Group. Human Resources officers. The guideline, and the subject of equal opportunities in general, are always covered at the. The pensioners network is designed to help maintain contact with retired employees via regular meetings and activities.
Christine Neiss with participating pensioners. The large majority of company innovation is produced within the research and development department. Ownership of more than 4, intellectual property rights is proof that the company is extremely innovative.
For this project, eleven leading companies from Austrian industry work together with universities and colleges on specific digital transformation use cases. Members of the project developed a prototype app for supporting service work based on digital data. This project improves and digitalizes maintenance processes. The project introduced the issues of digitalization to employees and allowed them to gain new knowledge and skills.
The second Enterprise 4. The core message was simple: digitalization requires new skills and therefore creates new job profiles. Each Enterprise 4. NOVOMATIC presented its innovative product technologies as well as a few new features, including those which will be used to inspire applicants at career fairs.
Virtual Tour: www. The program allows all employees located in Iceland, Serbia, Spain, and Austria to develop new ideas for products and services. Teams made up of members from various different departments work together over 24 hours to come up with a new idea.
The results and ideas influence product road maps and improve processes. The event is also a great way to network and get to know new employees. You can find a summary of the companies on page 48 of this report. Energy consumption in MWh includes energy from electricity, natural gas, fuel for transport, heating oil, and self-generated energy photovoltaics.
CO2 emissions are compiled from CO2 equivalents in direct emissions caused by use of fuel, and indirect emissions caused by energy consumption and air travel. Water consumption is measured from water used for cleaning, hygiene, and operations. Waste consists of non-hazardous and hazardous waste.
At the Austrian production location in Gumpoldskirchen, almost all relevant manufacturing steps are carried out in-house. An internal joinery, printing shop,. Good practice examples on new and successful environmental mea-. These risks encompass, for example, risk. Measures in these areas. Several companies are certified in accordance with the environmental management norm ISO Energy Consumption During production of gaming devices, energy is required in the form of electricity for running machines, lighting, hea-.
A smaller amount of energy is used for lighting, heating, and air conditioning of the space. A small portion of the emissions is caused by air travel required for business Scope 3 Emissions. In , the total CO2 footprint came to around 46, tons of CO2. Admiral Gaming Network S. The large majority of this was caused by emissions from electricity consumption in gaming facilities and emissions from the vehicle fleet.
The following graph shows the CO2 emissions caused by the company, comparing production locations with gaming facilities. Operations for Scope 2 Emissions only. Some subsidiaries have a vehicle fleet consisting of several hundred vehicles required for technical maintenance work. The core companies use around 51, MWh energy for vehicle fleet fuel, 14, MWh for natural gas, and a very low amount for heating oil.
Due to high levels of vertical integration and the use of numerous different com-. To reduce vehicle fleet emissions, electric mobility was introduced at the Bingen location. The location now has a char-. This will introduce employees to electric mo-. In the event of technical improvements, or when required by new.
This is known as refurbishment. After an in-depth technical inspection, various components, from monitors to circuit boards, can be switched out in working machines. Even without a. This means that prepared components are always available. Furthermore, depending on customer requirements, entire used devices can be repaired. Due to requirements that change from year to year based on customer requests and country-specific regulations, it is. Waste that can be recycled includes, among.
More than 6, monitors and 11, CPU modules were replaced. The values listed include non-hazardous and hazardous waste. Greentube Malta Ltd. By doing so, the company wants to contribute to Mr. Stefan Krenn, LL. In this way, external stakeholders have access to a transparent guide regarding funding of initiatives, donation requests, or cooperation on volunteer projects.
Beyond that, however, the company is. In doing so, the company considered feedback from the stakeholder dialog as well. The new focus, and the award criteria for sponsoring activities and donations, provide a clear framework for making decisi-. The focus is on recognizing problematic behavior and conducting discussions to inform customers.
Another measure is active company participation in industry events and exchanges on improving player protection mea-. Company representatives are active participants in the discussion at this global conference on player protection. High-ranking international repreBelow are a few examples of the result of these activities. They also discussed the role of economic cooperation in an era of global digitalization.
This is made possible, for example, by working together with addiction prevention centers and research institutes. In these cases, the company supports treatment of those with addictive behavior, and the development of effective addiction prevention measures.
Prom of Sports: www. This is the oldest and most-watched track-and-field event in the world. Even the founding of Spielbank Berlin itself was closely connected to sports. For many years, therefore, the company has partnered with Austrian sports federations and clubs, both in competitive and recreational sport. Each year, around 1, invited guests. With 10, participants, it is the largest running event in the city.
The company ensures that all donations and grants are used as intended, and that the funds it donates have the greatest possible impact. The company also supports many projects at a regional level. One long-term cultural partnership, the Lower Austrian Cultural Prize, goes back to In November , together.
There is no exchange of services between the person or company donating and the recipient of the donation. Other artistic and cultural collaborations exist with, for example, regional. The Walter Koschatzky art prize was also. Last year, Spielbank Berlin supported the Classic Open Air, a festival rich in tradition held at Gendarmenmarkt square each. As a general rule, the donations go towards local.
This is one of the most. These included the VITA association for assistance dogs, the Deutsche Muskelstiftung a charity for muscular diseases , the. Donations were collected. Michael van Gerwen, two-time darts world champion. Volunteer work is a type of donation. Audit Report Report on the independent audit of selected non-financial performance indicators or topics and disclosure of the information required by Sec.
The reporting criteria include the reporting principles contained in the GRI Standards issued by the Global. The choice of audit procedures is at the due discre-. Our liability is limited to willful intent and gross negligence in accor-. A substantive audit of this information was not. German wording of the signed Audit Report, which refers to the German Version of the Report, is the only binding one.
The English translation is not binding and shall not be used for the interpretation of the English Version of the Report. Last year there were no accidents resulting in death. This represents all resignations, including mutually agreed resignations, in which the initiative for the resignation came from the employee. The energy consumption represented includes electricity, district heating, fuels, natural gas, and heating oil.
Electricity consumption includes the amounts charged by the energy provider, district heating, and natural gas consumption. The fuel consumption includes the amount of diesel and gas used to run the company-owned vehicle fleet. The only other fuel consumed this year was heating oil, and the amount charged by the energy provider.
The direct Scope 1 CO2 emissions include emissions created by burning diesel and gas for transport, as well as emissions from natural gas. The indirect Scope 2 CO2 emissions include emissions caused by creation of electricity and district heating from energy suppliers. The indirect Scope 3 CO2 emissions include emissions caused by air travel from transport companies.
The water consumption includes the total volume of water consumed, as charged by water utilities or other public and private waterworks. The waste includes hazardous and non-hazardous waste. Hazardous waste is those materials considered dangerous to health and the environment by local law.
Non-hazardous waste includes all waste considered harmless by local law. This includes residual waste, paper, glass, aluminum, plastic, etc. Hazardous waste is waste classed as dangerous by local law. That includes paint, varnish, oil, electronic components, etc. Compact is to enhance social and environmental sustainability on an international level and to promote the social com-.
These notes are only included in the digital version of the report. The print version. The goal was to increase transparency and comparability of information on sustainability within companies. Today, the GRI reporting guidelines and directives are the de facto standard for reporting on corporate responsibility and sustainability information. Page 49 In countries in which there are corresponding provisions for collective bargaining, these also apply to the employment contracts.
Thus, the percentage is percent. The most significant changes relate to the expansion of the scope of the report; what used to be listed by country is now listed based on core companies. Figures are taken from the cut-off date of December 31, The effect of business is represented in the value creation chain as well as in the introduction to each thematic chapter.
The identification and delimitation of material fields of action is provided by the materiality matrix and the relevant description of the issues. In the future, the goal is to provide a clearer evaluation of the effects and limits of each issue.
The management approach to strategic CR fields of action is explained in its own chapter. The management approach for the material issues in these fields of action is explained at the beginning of each chapter on the issue, and a short description is given for each paragraph on the issue. The CR management chapter describes in detail how the effectiveness of the management approach is audited and improved for each issue.
The Chapter Always Compliant describes the mechanism for auditing the management approach. Player protection and the fight against illegal gaming Information on dealing with player protection. The information contained in the report is related to gaming services and products. All services offered within the Group must meet the Responsible Gaming Codex requirements. To expand on this, the company offers executive training sessions on the issue. The total number and percentage of members trained cannot be recorded due to the effort required for data acquisition.
Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities. It specifies the accident rate per one million work hours. To do this, the number of work accidents that must be reported in accordance with local law is compared with the number of hours worked in the same period.
There were no work-related deaths in core companies in The type of injury, number of days off and occupational diseases was not recorded due to the effort required for data acquisition. To the extent known, there were no substantiated complaints last year with regard to violations of the protection of customer data. The percentage of salaried employees per category of salaried employee, as well as division into age groups, was not collected due to the effort required for data acquisition.
Division based on gender and category of salaried employee was not recorded due to the effort required for data acquisition. A plan is in place to improve the quality of information for all core companies next year. To the extent known, no supplier was audited based on social standards last year.
The data situation will be improved in the future. The number lists the percentage of gaming devices with recyclable components as compared to the total number produced. Energy used for heating and cooling is included in the values for district heating, natural gas, and electricity consumption. Including both energy from external sources electricity, natural gas, district heating and selfgenerated energy. Additional resource consumption details are not recorded due to the effort required for data acquisition.
Details general information on resource consumption and particularly regarding consumption of water. The data situation will be expanded in the future for the broader relevance of this issue. For the first time, the company recorded emissions from employee air travel. In the future, the data will be expanded to include air transport of goods. Sponsoring activities Information on sponsoring activities, Pages 88 - 95 donations, and volunteer work.
Employment contracts within the subsidiaries are subject to various degrees of collective bargaining agreements. The results of the approach can be found in the CR section of the report and in the Key Figure notes. The non-financial performance indicators can be found in the CR section of the report and in the Key Figure notes. Purpose of the Business and Strategy NOVOMATIC1 is a globally operating, integrated gaming technology and entertainment group with more than 35 years of experience as a producer of innovative high-tech gaming equipment.
The Group develops, manufactures and sells gaming products, lottery technologies and networked system solutions for domestic and international gaming and betting markets. In addition to the development of gaming equipment, the NOVOMATIC Group has established itself as a content provider of games for licensed online and offline suppliers and as an operator of online gaming platforms. With this integrated approach, the Group is able to introduce newly developed products into the marketplace very quickly, gain insights into their potential success and subsequently influence the development of new products in a goal-oriented manner.
Economic Conditions Macroeconomic Development Growth in the global economy began to accelerate in early and gained additional momentum in subsequent quarters. The global upswing was broad-based from both a regional and structural perspective.
This development was driven by a revival of investment activity and an uptick in world trade, with financing conditions remaining favorable. The majority of developing countries and emerging economies saw a considerable rise in economic growth in after several years of declining growth rates. Despite increased efforts by China to reduce its high level of debt financing and thus accept weaker economic growth, the Chinese economy recorded GDP growth of 6.
Most of the developing countries and emerging economies in Asia, Latin America, Africa and Eastern Europe were able to take advantage of the recent strong economic growth in the US and Europe, with nations such as Brazil and Russia, in particular, benefiting from the further recovery of commodity markets. With a macroeconomic growth of 2.
So far, there are hardly any signs for a slowdown in the US economy as this development is supported by a number of positive framework conditions. Although the Federal Reserve has initiated a policy of modest rate hikes starting in , the federal funds rate still remains at historically low levels. The weaker US dollar boosted exports and continued buoyant consumer demand also had a stimulating effect on the US economy. This was also helped by the favorable situation in the US labor market.
The unemployment rate at the end of was 4. Economic growth in the euro region significantly exceeded expectations in The economic recovery has gradually become an upswing affecting all eurozone countries. In , the eurozone grew at its fastest pace in ten years at 2. With base rates remaining low, the European Central Bank ECB continued its expanded asset purchase program in , announcing a gradual reduction in the bond-buying program as of January The aim of this program is to encourage banks to invest less in bonds and instead to lend more.
Against the backdrop of further job growth, rising wage growth and increasing capacity utilization, domestic demand also picked up and acted as a driver. In terms of exports, growth also was in step with the robust development of foreign sales markets. The United Kingdom, which is currently negotiating its exit from the European Union, was only able to achieve a growth of 1. According to the European Commission, Austria has clearly benefited from increased global trade and additional demand from neighboring countries.
Following moderate growth of Austrian exports of 1. However, growth was also driven by strong domestic demand, with high levels of investment in engineering, infrastructure and construction in particular. Private consumption also contributed to this positive development, which received additional impetus from the tax reform that came into force in Development of the Gaming Market As in , gaming expenditures increased again in the reporting year.
This is an increase of 5. The largest increases were recorded by the casino and lottery sectors. In particular, since the gaming monopoly in Macau was overturned in , the Asia-Pacific region has grown to become the most important gaming market worldwide.
The result was that gross gaming revenues of the casinos operated in Macau collapsed by After a period of stabilization in , gaming revenue in the Asia-Pacific region increased significantly in by 9. Currently, however, this region is achieving the strongest growth momentum worldwide, with an average annual growth rate of 4.
Compared to , gaming revenues increased again, with the lottery sector seeing particularly impressive growth at The North American gaming market recorded gross gaming revenues of USD billion in , representing growth of 3.
The casino sector including the so-called tribal casinos that are operated by the Native Americans is by far the largest segment of the North American gaming industry with a share of The gaming sector outside of casinos also achieved a significant increase of 3. With a share of According to a study carried out by GBGC, the European gaming market is growing at an annual rate of 2.
High growth rates were achieved in this area in previous years, meaning that the share of global gaming revenues coming from online gaming rose steadily. This trend, however, has been showing signs of stabilizing since at a level of around 10 percent. While the areas of online casinos and online betting continued to demonstrate growth, the area of online poker is showing a downward trend.
Compared to the same period last year, the number of self-operated locations including casinos, sports betting outlets and bingo facilities rose from around 1, to just over 2, It was also possible to achieve a new all-time high for the number of gaming devices operated. An increase of around 5, devices to around 65, devices was achieved in the reporting period. Due to the resulting decline in leased gaming terminals in Germany, the rental portfolio at Group level decreased by nearly 10, units compared to the same period of the previous year to approximately , devices by the end of In addition to an increase in gaming taxes in Italy and fees for betting terminals in Austria, numerous other one-off effects led to a significant reduction in operating profit EBIT from EUR The preliminary work for the legally required conversion of all gaming devices in Germany in led to extraordinary costs in the medium single-digit million range in Further, earnings were weighed down, among other things, by negative foreign currency effects linked to a weaker US dollar.
Acquisitions of interests in companies and other important events On the one hand, the objective of acquisitions is to achieve or solidify a leading position in existing markets and technologies. Even before the share acquisition, the business purpose of the companies acquired in the course of this transaction, ATSI S.
The company ATT S.
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