Record revenues from novomatic in 2016

Gambling and games supplier Novomatic has reported record-breaking revenues in FY 2016, noting that significant growth was achieved in core markets UK, Germany, Spain and Italy.

The company recorded revenue of Euro 4 billion in fiscal 2016, and expects to increase its involvement in South America, the US, Australia and Asia in the year ahead, according to a press statement.

The acquisition of a majority stake in rival Australian company Ainsworth Game Technology will be key in the company’s plans for these markets, the statement noted.

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