Novomatic reports record US$4.4 bln revenue in 2014

Feb 06, 2015 Newsdesk Industry Talk, Latest News  

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Austria’s Novomatic Group AG believes it had its best-ever financial year in 2014 when measured by revenue.

The gaming equipment supplier says that according to preliminary data, revenue for 2014 generated by its three holding companies totalled EUR3.8 billion (US$4.4 billion) – a near 8-percent rise on the 2013 total of EUR3.5 billion.

The figures were revealed during the International Casino Exhibition (ICE) 2015 in London.

The firm said in a statement: “During the financial year 2014, the group‘s continued growth was based on the intensification of activities in the European core markets such as the U.K., Spain, Italy and also Holland, where through acquisitions the company has achieved a position as market leader.”

During 2014 the group received an equipment order from the Israeli State Lottery.

The group set up Novomatic Lottery Solutions GmbH last year after acquiring the Icelandic gaming technology company Betware in 2013.

Novomatic Group operates more than 232,000 gaming devices and video lottery terminals in more than 1,500 outlets including gaming parlours and casinos. It sells equipment and offers machines on a rental basis to some operators.

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