Opap Investors Eye Casinos Austria (update)

Plan on developing a leading European gambling enterprise

The majority takeover sale of part state-owned Casinos Austria, owner of lottery business Österreichische Lotterien (see previous InfoPowa report), has caught the interest of the Epic Consortium led by Viennese investor Peter Goldscheider in partnership with two other investors none other than Karel Komarek and Czech businessman Jiri Smejc.
Smejc is the founder and owner of KKCG and Emma Delta, the equity fund that purchased a 33 percent stake in Greek gambling firm OPAP for Euro 652 million.
According to the Associated Press Agency Austria (APA), Epic leads the consortium with 49 percent, Goldscheider wants to personally hold 2-4 percent, while the remainder will be divided between the two Czech groups.
With a majority stake in Casinos Austria, Goldscheider told CTK agency APA, that he and his Czech partners intend building "a leading European enterprise engaged in gambling".
"We are very well prepared, we are doing something for 14 months," said Goldscheider.
According to analysts, the two-thirds stake in Casinos Austria could exceed Euro 280 million.

Online Casino News Courtesy of Infopowa

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Casinomeister

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 astrophography.
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