Saturday, February 24, 2024

Tag: Poland

Sale of Century Casinos’ Polish business still on the cards

Sale of Century Casinos Polish business still on cards
The operator’s co- CEO Peter Hoetzinger conceded the sale process is advancing “quite slowly”, but highlighted the continuing recovery of Century’s eight properties in Poland, which he noted are generating “very solid EBITDA and cash flow”.   Century Casinos executives confirmed the company is still moving forward with plans to sell its operations in Poland. “In Poland, the sales process continues, it...

Century Casinos Polish operation ‘already cash flow positive’

Despite a difficult Q2, Century Casinos’ co-CEOs Peter Hoetzinger and Erwin Haitzmann highlighted the company’s positive results at its properties in Poland, the first of its gaming operations to reopen worldwide.

Century Casinos secures eight casino licence in Poland

Century Casinos has further expanded its presence in the Polish gaming market, with the company’s subsidiary Casinos Poland recently receiving its eighth casino licence in the country. US-based casino operator, Century Casinos, has expanded its footprint in the Polish gambling market, securing an additional casino licence in the country. In a filling to the Nasdaq Capital Market, Century stated that the...

Century bounces back from profit warning with Polish licence approval

Century Casinos has announced the opening of its latest casino in Krakow, following the company’s eighth Polish gaming licence approval. The Canadian-based gambling group, which operates in the country through a 66.6 percent owned subsidiary Casinos Poland, praised the country’s “robust” market. “We are very pleased that the important license tenders in Poland have now been completed and we will soon...

SG Digital in recruitment drive for Polish-based tech hub

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The SG Digital division of Scientific Games is set to open a remote development centre in Krakow, Poland, during the first quarter of 2018. The new development centre will drive the division’s growth as it leads the industry in digital gaming, lottery and sports, the company said in a statement. The office, to be staffed by over 100 new product-focused...

SUZOHAPP’s Polish site receives ISO certification

SUZOHAPP has confirmed its Polish manufacturing site has successfully achieved the ISO 9001:2015 certification.   ISO 9001:2015 is a set of international standards and guidance documents for quality management systems and continuous improvement approaches. To become ISO 9001:2015 certified, a company must fulfill requirements outlined by the ISO and must demonstrate a quality management system with the ability to consistently provide...

NSoft secures Polish betting licence, debuts products through Superbet Poland

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  NSoft has released its products to Superbet Poland following its securing of a retail betting licence on Polish market.   Three new games have been launched for Superbet Poland on SEVEN Platform: Greyhound Races, Virtual Motorcycle Speedway and Live Betting MTS providing an adaptive experience that allows punters to engage and enjoy the highlights of the NSoft offer. NSoft’s content and technology...

EiG taxation and regulation panel asks what’s next for Europe?

Delegates attending the forthcoming EiG (Arena Berlin: 30 October – 1 November) will be given direct access to a panel of gaming experts and regulators who will be providing their analysis of changes to the taxation and licensing landscape across key European jurisdictions including the Czech Republic, Denmark, France, Italy, Malta, Poland and Romania.   The influential EiG panel, moderated by...

BEGE Expo and EEGS shift gear in tenth year

Two key announcements have been made as the Balkan Entertainment & Gaming Expo (BEGE Expo) and the Eastern European Gaming Summit (EEGS) prepare to celebrate their 10th anniversary. As both BEGE and EEGS mark a decade of hosting trade events, the show organisers have made two major announcements for this year’s editions. BEGE will expand its growing floorspace across an...

2016 a “Tremendous year” for Century Casinos

Century Casinos has reported a record year for revenues in 2016, with the company seeing a 695 percent jump in profit for Q4, driven by the addition of its new property in St. Albert, Canada and strong results in Colorado and Poland.   Century Casinos has reported a strong year, with its annual net revenues for 2016 reaching an all-time high...

Poland plans new gambling laws

Seven years after the introduction of its restrictive gambling law, the Polish government is considering new legislation that will once again permit sports betting and online poker in the country, in addition to nationalising slot machines, allowing them to operate under national lottery laws. In a recent interview, the country’s deputy prime minister, Jaroslaw Gowin, has confirmed that the government...

Polish government plans new gambling laws

Seven years after the introduction of its restrictive gambling law, the Polish government is considering new legislation that will once again permit sports betting and online poker in the country, in addition to nationalising slot machines, allowing them to operate under national lottery laws.   In a recent interview, the country’s deputy prime minister, Jaroslaw Gowin, has confirmed that the government...

Remote Gambling Association urges shift in Polish tax model

The Remote Gambling Association wants the Polish Government to tax profits rather than turnover.   The Remote Gambling Association (RGA) has urged the Polish Government to change its online sports betting tax regime to one based on gross profits rather than turnover. The Polish Government adopted a Bill on 19 July to amend the existing online gambling law. Despite the stated objectives,...

Poland approves Gambling Act amendments

The Polish government has approved a series of amendments to its Gambling Act that will see an increased focus on player protection, a relaxation of certain land-based laws and the introduction of an expanded catalogue of online games.   The Polish Council of Ministers has approved a series of amendments to the country’s Gambling Act, which, it argues, will help reduce...

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