The transaction has been approved by SAZKA holding company KKCG AG, the investment fund of Czech billionaire Karel Komrek, who is the majority shareholder and . During the quarter, Betsson was the main sponsor of the tennis tournament ATP 250 Chile Open, which took place in February and March in Santiago, Chile. Music Industry Moves: Val Blavatnik Elected to Warner Music Group's According to Member of the SAZKA Group's Board of Directors Pavel Hork, the transaction is another step in the fulfillment of the holding's long-term expansion strategy. In a global rebranding, Czech gambling group Sazka Entertainment will now conduct business under the corporate identity of Allwyn, the company name it has been using for its UK operations.. As the largest lottery operator in Europe, the group operates its flagship Sazka holding in its domestic Czech market in addition to Lotteries Austria, OPAP in Greece and Cyprus and Loto Gioco' Italia in . Prof. ConradForker is an Attorney at Law. Sharon Doherty currently works as the Chief People and Places Officer at Lloyds Banking Group and brings significant executive experience from organisations with large, diverse workforces in the technology, telecommunications, and aviation sectors from her roles at Finastra, Vodafone and BAA Heathrow Airport. Trained as a lawyer, Alastair served as a member of the winning London 2012 bid team and worked with the Organising Committee for the London 2012 Olympic and Paralympic Games from start to finish. E: zu[emailprotected], EMMA Capital settles transaction with Entain. Karel Komarek Revives IPO Plan for Sazka Group This section contains regulatory news, financial reports, and other information for debt investors of . In 1984 Mr. Ziegler graduated from the University of Economics, Faculty of Trade, in Prague. No . republish or reproduce any part of these websites through the use of iframes or screenscrapers. - Offer you free services/content (thanks to advertising) Ms. {long detailed version} To read this in full, click on the Privacy Policy button found in this window. Operators have been quick to adopt new technologies, such as virtual reality and blockchain, to enhance the user experience and streamline operations. Board Of Directors - Widad Group Berhad Something went wrong while submitting the form. During her professional career, she has specialized in M&A transactions and capital markets in Central and Eastern European countries, Russia and CIS. I am happy that, after a series of discussions with major investment funds from around the world, we came to an agreement to partner with Apollo. We do not use cookies to: This site uses cookies to improve your user experience. {short version} These terms and conditions govern your use of the websites owned and operated by European Gaming Media and Events; by using our websites, you accept these terms and conditions in full and without reservation. Certificate of Attendance in Commercial law from International Academy of Law in Hague. Everything on our websites belongs to us. In the past he was Chairman of PPF as, Chief Financial Officer at PPF Real Estate Holding BV, Chairman & Chief Executive Officer for Raiffeisenbank as, Executive Director-Finance at Komercn banka, a.s. and Director & Deputy Chief Executive Officer at Cesk sporitelna as. After that he served as Chairman of the Board and CEO in Raiffeisenbank Czech Republic. Sazka informed TK about it today. Completed his high school studies in 1974. 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We only work with advertising partners who work to accepted privacy standards such as http://www.youronlinechoices.com/uk/iab-good-practice-principles. This section contains regulatory news, financial reports, and other information for debt investors of Allwyn International a.s. (formerly SAZKA Group a.s.). She completed the EY Executive Partnership Program at the Institute for Management Development (IMD) in Lausanne, Switzerland and the Advanced Management Program (AMP) at Harvard Business School Boston, USA. She has since worked in corporate affairs leadership roles in high-profile, consumer facing brands undergoing significant change, such as Tesco and Britvic PLC, and currently works as the Corporate Affairs Director at Marks & Spencer PLC. Geographically, revenue increased in all regions except for the Nordics. . KKCG He served in management positions with securities trading firms such as The usual strategy followed by companies associated under EMMA CAPITAL is becoming actively involved in the management of companies in which the group invests. He began his role as a non-executive director of the Pan-European lottery operator on Tuesday. Kamil Ziegler is a businessperson who has been at the helm of 5 different companies and currently holds the position of Executive Chairman for Greek Organisation of Football Prognostics SA and Chairman for OPAP (Cyprus) Ltd. (a subsidiary of Greek Organisation of Football Prognostics SA) and Chief Executive Officer & Director at Szkov kancelr as. sell, rent or sub-license material from the websites; It has also assigned its new EUR300 million of senior unsecured notes an instrument rating of 'BB-' with a Recovery Rating of 'RR4', following the . Managing Partner at THV Law (www. Kamil Ziegler received an undergraduate degree from Vysok kola ekonomick v Praze and an undergraduate degree from Southern Methodist University. Sports betting is another dominant feature of the Australian iGaming market, driven by the nations rich sporting culture and the increasing accessibility of online betting platforms. . His last executive appointment was as the CEO and proxy holder in SAZKA A.S., the largest Czech lottery organisation, where he is currently serving as a Board member. T: +420 226 291 600 Associate Professor at International Hellenic University in energy and hydrocarbons law, energy policy and regulation, cross-border energy trade. Europes focus on consumer protection, including the implementation of self-exclusion programs and stringent age verification processes, can serve as a model for Australia as it continues to develop its responsible gambling initiatives. It has been a privilege to serve as Chair of this very special Company and I wish John every success as he joins the Board at this pivotal point in Flutters evolution. The investment will be effected through an investment into SAZKA Entertainment AG, a newly- established 100% wholly-owned subsidiary of KKCG, which upon closing of the investment, will be the 100% owner of SAZKA Group. Sazka Entertainment appoints Lord Coe to board of directors . Sportsbook platform provider builds on record Cheltenham Festival performance with notable Grand National results. Having a long-term perspective is the key when it comes to Betssons view about how the business should be run and how value is created for shareholders. Robert brings a wealth of strategic, financial and operational leadership experience. Comparing the popularity of different game types and formats in each region can also provide valuable insights for game developers looking to create new and innovative products. In accordance with the Greek Takeover Law, OPAP shall appoint a financial advisor and the board of directors of OPAP shall evaluate the tender offer and shall issue its opinion following the approval of the information memorandum by the HCMC," OPAP stated.----- Milbank LLP advised SAZKA Group on its all cash, unconditional offer to acquire . Mac or Windows which helps to identify when our site isnt working as it should for particular technologies), how long they spend on the site, what page they look at etc. He graduated (summa cum laude) from the Athens University of Economics in 1981 and continued with his Masters degree and his PhD in Economics (1987) at the University of Rochester, New York. Jan Karas was appointed OPAPs Chief Executive Officer (CEO) and executive member of the Board Directors in December 2020, after successfully serving the company for nearly seven years, from various senior roles. You can opt-out of almost all advertising cookies at http://www.youronlinechoices.com/uk/your-ad-choices although we would prefer that you didnt as ultimately adverts help keep much of the internet free. Throughout his career, Jan has been focused on pursuing and following a customercentric mindset, promoting positive change and developing highperforming and crossfunctional teams. IN8bio Appoints Jeremy Graff, Ph.D., to Board of Directors. We build better lotteries that return more to good causes by focusing on innovation, technology, efficiency and safety. Anna is in charge of Allwyns strategy for regulatory compliance and player protection. Lord Coe joins the operator as its Allwyn division continues its bid to operate the UK National Lottery. By establishing a centralized regulatory body to oversee the iGaming industry, Europe could streamline its regulatory processes and ensure more effective enforcement of gambling laws. Can Brazils Unofficial Lottery Transfer to iGaming Platforms? The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports. European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +110,000 readers. This preference for pokies can be attributed to their widespread availability in pubs, clubs, and casinos, as well as their simplicity and potential for significant payouts. Indeed, many of us worked on the London 2012 Olympic and Paralympic Games. In August of last year, when a joint venture was established by KKCG and EMMA CAPITAL in the framework of the SAZKA Group, SAZKA Group released the information that the final completion of the transaction in Greece was conditional on one last step: the transfer of 67% of shares held by EMMA DELTA MANAGEMENT LTD (the company that controls the investment fund EMMA DELTA). Fitch Affirms Sazka Group at 'BB-'; Rates EUR300m Notes 'BB-' The Shareholders' Meeting also reappointed Marco Lavazza as Vice Chairman (elected in 2011) and Antonella, Francesca and . This website does not use cookies (except from those necessary to provide basic site functionality) or any other methods of user identification and recognition. The aggregate annual amount of bets placed with companies in which the SAZKA Group holds an ownership interest are in excess of EUR 15 billion and the aggregate EBITDA amounts to over EUR 850 million. By learning from Europes experiences with pay-per-play and social gaming, the Australian iGaming industry can continue to evolve and grow. This growth has been supported by a strong domestic industry, with numerous homegrown operators and game developers enjoying considerable success. Vesel, who joined Sazka in 2013 as marketing director and also became deputy chief executive in 2018, will begin his new role on February 1. The new business in Argentina is developing well revenue increased strongly during the quarter, and Betsson continues to invest in marketing to build brand awareness in this regulated market. Paul is responsible for technology across Allwyn UKs operations. Moreover, he is a member of the board of directors of SAZKA Group a.s. and its subsidiaries. - Improve the speed/security of the site Sazka Group Appoints Ale Vesel as New CEO of Czech Operations - Allowing you to add comments to our site PhD in Public Law from the Law School of Demokrition University of Thrace. He began his professional career in 1991 with Procter & Gamble and Benckiser before spending 15 years in mobile telecommunications as Chief Marketing Officer for TMobile Czech, and later as CEO of TMobile Slovakia and T Mobile Austria. Allwyn International a.s. Debt Investor Hub. He joined OPAP in January 2014 and during his tenure with the company, he has led the operations, development and modernization of the companys retail and indirect sales networks, overseeing activities related to sales, retail marketing, customer and partner support. The Cigna Group Appoints Dr. Philip Ozuah to its Board of Directors BLOOMFIELD, Conn., May 1, 2023 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) today announced that Dr. Philip Ozuah has been appointed to the organization's Board of Directors . Val, the son of chief WMG shareholder and . The European iGaming market has witnessed tremendous growth over the past decade, driven by advances in technology and an increasingly interconnected world. Harriet is responsible for Allwyns Social Value strategy and commitments, having designed the strategy during the bid. EMMA Capital reproduce, duplicate, copy or otherwise exploit material from our websites for a commercial purpose; Vtek Pelc - Strategie sponzoringu a speciln projekty - KODA esk He also held the position of Executive Director for Finance and Board Member in the PPF Group. edit or otherwise modify any material on these websites; The lottery-first approach of focusing on affordable recreational play has earned us leading market positions with trusted brands across Europe in Austria, Czech Republic, Greece and Cyprus, and Italy. Board of Directors - OPAP Senior Independent Non-Executive Director. A Senior Executive and Professional in the field of information technologies, Tony is recognised as a strategic thinker combining long term vision and excellent tactical execution capabilities. I am convinced that the gaming industry is one of the most promising sectors for the future and SAZKA Group aspires to be a global player in this sphere. We build better lotteries that return more to good causes by focusing on innovation, technology, efficiency and safety. Early in his professional career he has worked as an economist at the Antitrust Division of the U.S. Department of Justice. The EBIT margin was 19.4% (13.9%). Gary McGann, Chair, commented: We are delighted to announce Johns appointment as Chair. SAZKA Group Shareholders of SAZKA Group are investment companies KKCG (75% shareholding) and EMMA Capital (25% shareholding), who share an equal managerial control of the . Discover current leadership team members including founders, CEO, other executives and board directors. Both regions can learn from each other when it comes to embracing innovation and new technologies. Roland Ruprecht, born on 17 April 1963, residing at Eggweg 30, CH-3065 Bolligen, Switzerland (in the Audit Committee since 1 May 2021, Chairman of the Audit Committee from 28 May 2021) Jan Hrazdira, born on 13 March 1974, residing at Terronsk 656/45, Bubene, 160 00 Prague 6, Czech Republic (in the Audit Committee since 15 May 2020) Zdenek . Before joining OPAP he held the position of Chief Financial Officer at Sazka, the national lottery operator of the Czech Republic, which is a member of SAZKA Group. As one of the largest taxpayers in each of our markets, we contribute hugely to national and local economies, returning over 2bn to governments in taxes and lottery duties. We are very excited to invest in SAZKA Group, one of Europes leading private lottery operators. OSCRE's board includes eight new board members and three returning members. Media Contact: We use cookies to make our website work including: Subscribe to Our Newsletter: Organization of Football Prognostics S.A, 112 Athinon Ave., Athens, General Commercial Registry No 003823201000, graduate studies in international private law. He will replace Robert Chvtal, who will become the Chairman of the Board of Directors of Sazka and will continue to manage the parent group of Sazka Group. Petr Jonk - Corporate Affairs & Sustainability Director - SAZKA a.s Kamil Ziegler is also on the board of PPF Group NV and Opap Finance Plc and Member-Management Board at SAZKA as. a) monitors the effectiveness of the internal quality control and risk management systems and monitors the process of the preparation of financial statements and consolidated financial statements; b) recommends to the Supervisory Board auditors to be appointed and assesses the independence of the statutory auditors and audit firms and discusses with auditors any threats to their independence and adopted safeguards; c) submits to the Board of Directors or the Supervisory Body recommendations to ensure the integrity of the accounting and financial reporting and annual reports on the Audit Committees operations; and. Born in Athens. Writing speeches and draft answers for key company managers and members of the Board of Directors. The Australian gambling market has experienced significant growth over the past few years, fueled by the popularity of online betting and the rise of mobile gaming. Mon 24 Feb, 2020 - 12:09 PM ET. Particularly in the entertainment and gaming sectors - with strong regulatory, competition or consumer protection frameworks - acquisition and management of domestic and international participations has been handled with utmost professionalism. The Australian markets growing interest in blockchain-based gaming platforms and social gaming experiences can serve as an inspiration for European operators looking to diversify their offerings and attract new customers. Vesel, who joined We can look ahead to the rest of the year with a solid financial position that enables continued investments in sustainable growth and value creation for our shareholders. He currently serves as president of World Athletics, a position he has held since 2015, and was elected a member of the International Olympic Committee in 2020. License to use our websites He is also a member of the Association of European Lotteries. Karen is responsible for Allwyn UKs overall brand and marketing strategy. The elections are subject to the approval of the 43rd Annual General Meeting of Shareholders (the "AGM") to be held on June 21, 2023 (planned). Sir Keith served as Chair of Allwyns winning lottery bid and now becomes an independent member of the Board. Moreover, he has also been in charge of the operation and management of OPAPs gaming and nongaming commercial activities, across all retail and online channels, and contributed significantly to OPAPs initiatives and response to the coronavirus (COVID19) pandemic. At the same time, Australian operators can look to their European counterparts for guidance on how to capitalize on the opportunities presented by mobile gaming and other innovative business models. Sazka's current Chief Executive Officer is Robert Chvatal. Since 2013, he joined lottery sector by being appointed the CEO and a member of the BoD of Sazka a.s., which, following a turnaround, has become one of the fastest growing lottery companies globally. Invariably these partners place cookies to collect anonymous data about the websites you visits so they can personalise the adverts to you, ensure that you dont see the same adverts too frequently and ultimately report to advertisers on which adverts are working. Vodafone's market leading connectivity will improve the resilience of lottery operations and player data security. In other words, Overall, Jan has a proven track record in delivering strong business results, as well as broad professional experience in developing solid commercial strategies and implementing successful retail and sales development programs. From 1994 to 2001, he was Associate Attorney at ATAG Ernst & Young, auditing and consulting firm in Basel. Having graduated from University of Economics and Business in Prague in 1992, he started his career as tax consultant (Price Waterhouse), and later he held various finance and CFO positions in pharmaceutical (Wyeth Whitehall in Czech and Slovakia) and FMCG companies (Rothmans/BAT in the UK, Cyprus and Czech and in Stock Spirits Group in Czech and Slovakia).
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