Record Revenues From Novomatic In 2016
By Casinomeister, Last updated Feb 17, 2017
Company reports significant growth in core markets
Gambling and games supplier Novomatic has reported record-breaking revenues in FY 2016, noting that significant growth was achieved in core markets UK, Germany, Spain and Italy.
The company recorded revenue of Euro 4 billion in fiscal 2016, and expects to increase its involvement in South America, the US, Australia and Asia in the year ahead, according to a press statement.
The acquisition of a majority stake in rival Australian company Ainsworth Game Technology will be key in the company's plans for these markets, the statement noted.
Online Casino News Courtesy of Infopowa
The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
bryan@casinomeister.com
Top 5 casinos
