Sazka Posts Solid Financials in First Half

Czech betting operator Sazka Group has posted their first half 2019 financial results, noting a slip in sportsbetting numbers during the period.

Key financial indicators for the first half ending June 30th, 2019 were:

  • Gross Gaming Revenues up 6% to €908.5 million
  • Amounts wagered up 3.8% to €2.59 billion
  • The majority of revenues came draw based lottery games, coming in at €468 million for draw games
  • Passive lottery games down 9.9% to €26.8 million
  • Sportsbetting numbers down 4.7% to €194.5 million, due to the FIFA World Cup being played last year
  • Video lottery terminal numbers up 63.7% to €146.6 million
  • Digital revenues up 335.5% to €10.3 million
  • Lottery taxes of €283.2 million
  • Net gaming revenues of €625.3 million, up 6.8% from last year
  • Operating expenses down 2.2% to €461.2 million
  • Agent commissions up 2.2% to €200.3 million
  • Costs for consumables and services down 4.9% to €152 million
  • Marketing costs up to €45 million
  • Personnel expenses up 8.7% to €52 million
  • Other operating expenses down 49.5% to €11.9 million
  • EBITDA up 24% to €286.6 million

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.


Post new comment

There are currently no comments on this page. Be the first!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.