Novomatic [SEP] inception
Novomatic
Novomatic is an international gambling company, founded by the billionaire Johann Graf in 1980.
For the year 2018, total revenue was Euro 5.0 billion. The company has offices in 43 countries and also operate casinos, including in locations such as Berlin and Santiago, Chile. The Novomatic Group consists of a three holding companies.
In June 2016, Novomatic bought the UK gambling company Talarius from the Australian Tatts Group.
Instant win and digital scratchcard provider, Gamevy, formed a partnership with Novomatic subsidiary,
Novomatic Lottery Solutions (NLS), in November 2016. The tie-up presents NLS with an opportunity to focus on "the broader lottery demographic".
Controversies.
- The Novomatic subsidiary G. Matica had not installed the accounting system for the mandatory networking of machines with the Italian tax authorities and was sentenced in 2012 to a fine of 150 million euros. Novomatic considered the claim as "completely unjustified" and appealed against the first instance decision. In June 2014, Novomatic paid a settlement amount of € 47.5 million