Annual Report - Casinos Austria
Transcription
Annual Report - Casinos Austria
2 011 Annual Report Mission Statement Casinos Austria AG and its affiliates and subsidiary companies provide gaming and entertainment of the highest order. Integrity, years of experience and total respect for the particular socio-political responsibility associated with gaming guarantee the confidence of our guests, customers, owners and, above all, the licensing authority. Shared visions and innovativeness foster the development of the Group and safeguard the workplaces of our employees, whose active participation we both encourage and value. annual report 2011 1 Key figures The Casinos Austria Group at a Glance Sales in millions euro Casinos Casinos (Austria) (International) 267.4 218.0 258.8 8.6 279.7 230.6 270.3 9.4 2010 total Gaming revenues Ancillary revenues 2011 total Gaming revenues Ancillary revenues Lotteries *** 1,173.7 1,388.9 Online/VLT/ Sport Betting 1,529.4 1,528.1 1.3 1,572.0 1,570.7 1.3 Group 3,188.5 3,471.2 Tax payments in Austria in millions euro Casinos (Austria) 112 102 2010 2011 Lotteries *** 398 459 Group 510 561 Employees* 2010 2011 Casinos Casinos (Austria)** (International) 1,640 3,162 1,580 3,108 Lotteries *** 530 539 Online/VLT/ Sport Betting 183 189 Group 5,515 5,416 Casino guests in millions 2010 2011 Casinos Casinos (Austria)** (International) 2.36 5.64 2.36 6.09 Group 8.00 8.45 Number of gaming tables 2010 2011 Casinos Casinos (Austria)** (International) 230 325 233 324 Group 555 557 Number of slot machines 2010 2011 Casinos Casinos (Austria)** (International) 1,885 4,279 1,933 4,164 * Full-time equivalent (FTE, annual average) ** Incl. CAGAST, CAST, CCB & CALL *** Incl. Ural Loto **** Incl. RABCAT 2 Casinos Austria Group 6,164 6,097 Table of Contents In order to ensure a good readability of the text, we did not use gender-specific terms: All designations like customers, employees, partners, etc. will always apply for and include both male and female participants. 1 2 3 4 Mission Statement Key Figures Table of Contents Foreword by the Management Board 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 38 42 44 46 The Company Group Organization Report of the Supervisory Board Legal Framework Casinos in Austria Casino Baden Casino Bad Gastein Casino Bregenz Casino Graz Casino Innsbruck Casino Kitzbühel Casino Kleinwalsertal Casino Linz Casino Salzburg Casino Seefeld Casino Velden Casino Wien Casinos Austria International Austrian Lotteries win2day WINWIN – Video Lottery Terminals tipp3 56 57 58 62 64 65 67 68 71 74 77 The Fiscal Year 2011 Revenues and Earnings Corporate Social Responsibility Responsible Gaming Security in Focus Process Management and Development Diversity and Sustainability Employees An Appetite for Luck The Casino Gaming Experience Multifaceted Event Provider Outlook 86 88 90 91 The Financial Statements 2011 Profit and Loss Statement Balance Sheet Consolidated Profit and Loss Statement Consolidated Balance Sheet 92 93 Imprint Employees at the Photoshoot annual report 2011 3 1 2 3 1 Karl Stoss 2 Dietmar Hoscher 4 Casinos Austria 3 Bettina Glatz-Kremsner Foreword by the Management Board Interview on the Fiscal Year 2011 With Chairman Karl Stoss, Director Dietmar Hoscher and Director Bettina Glatz-Kremsner. There were plenty of headlines and events at Casinos ustria in 2011. Would you describe it as a proverbial A mixed year? Karl Stoss: No, I would describe it as an extremely encouraging year. When I consider that we successfully re-secured our lottery license in Austria and look at the positive development in our domestic figures, then quite frankly I have to say that we – and by we I mean the Management Board and all the staff – can be really very satisfied. You mention the positive domestic market. Does that imply that sentiments are more subdued with respect to your international business? Karl Stoss: Well, the macroeconomic situation in Europe is not exactly encouraging. And if people need to tighten their purse strings, if they have the feeling that less favorable times lie ahead, then one of things they’ll cut back on is a night at a casino. What are the chances of a swift recovery at Casinos A ustria International? Bettina Glatz-Kremsner: Good. The results for 2011 might be sobering, but we’ve done our homework. We’ve corrected some of the mistakes made in the past and set our course in the right direction. We are already seeing some clearly positive effects of these efforts in some areas. And we are also pleased to note that t here is a stronger demand again overall for the Casinos Austria International products – which ultimately also led to a 5.8 per cent increase in revenues last year. Let’s go back to the encouraging domestic market. An operating result to the tune of some 18.9 million euro for Casinos Austria AG – that’s something the company could only have dreamed of in the not so distant past. What were the key factors behind this result? Dietmar Hoscher: We introduced a very effective program to raise efficiency in our casino operations and we’ve succeeded in selling the casino product more effectively again. We’ve been able to slightly raise our – already high – guest numbers and increase revenues by 4.3 per cent to 270 million euro. Bettina Glatz-Kremsner: Of course, the subsidiaries also did their bit, especially Austrian Lotteries, which had its best year ever and reported a 9.7 per cent increase in sales. All in all, 2011 really was an encouraging year. These positive figures naturally also have an impact e lsewhere: in your sponsorship activities and, of course, in your tax payments. Karl Stoss: Absolutely. As a group, we paid a total of 560 million euro in taxes and duties to the Austrian Ministry of Finance in 2011. Figuratively speaking, day in, day out, we added more than 1.5 million euro to the federal budget. This once again makes us one of the three biggest and most important taxpayers in the country. Dietmar Hoscher: And we once again donated nearly 10 million euro to public interest and welfare projects and institutions – from sports clubs, support groups for the elderly and children’s aid foundations through cultural institutions and events like the Burgtheater in Vienna, the Wiener Festwochen, the ImPulsTanz International Dance Festival and the Bregenz Festival to renowned aid organizations and institutions like the Red Cross, Caritas, the Lebenshilfe counseling and aid organization or the Volkshilfe public aid organization, as well as umbrella and professional sports associations, numerous education and research facilities, environmental protection organizations like the WWF, and many more. That sounds impressive. There was also a lot to celebrate in 2011, especially the 50-year anniversary of Casino Wien. Dietmar Hoscher: Yes, that was definitely a highlight. When a venue has been a permanent fixture on the tourism landscape in a metropolis like Vienna for 50 years, that really does set a benchmark. We also had the pleasure of welcoming some 400,000 visitors to Casino Wien in 2011 – that was another very satisfying figure. annual report 2011 5 f. l. t. r.: Dietmar Hoscher, Bettina Glatz-Kremsner, Karl Stoss Casinos Austria also took a bold step in 2011 and re vamped a true classic. We’re talking of course about Astro Roulette. Bettina Glatz-Kremsner: Yes, and that is something else we can be proud of, because it shows you can still be innovative in very traditional segments like table gaming. Astro Roulette is a charming addition to the casino floor and has been well received by our guests. There is clearly plenty of good news to report for 2011. The first of the casino licenses for Austria – i.e. those for the casinos in Bregenz, Innsbruck, Salzburg, Linz, Vienna and Graz – are due to expire at the end of 2012. Casinos Austria has presumably already submitted its bid? Dietmar Hoscher: Of course. Casinos Austria has been firmly rooted in the Austrian market for almost 45 years, and our 12 casinos are leading tourist operations, convention centers, and meeting places for culture and business. We will naturally do everything 6 Casinos Austria in our power to ensure that we can continue to assume this function in the future. Karl Stoss: That’s why we submitted an extremely high quality and very comprehensive bid that took months to complete – and we will be doing the same this year for the other venues. We were always well aware that the match would not be easy. But we found out just how hard it would be fought when one of our competitors announced it was initiating preliminary legal proceedings against the license award. However, we are well equipped for the challenge and – needless to say – also quietly confident. On that note – and quite fittingly – the best of luck! Thank you. That’s something we can always use. The Management Board Chairman Karl Stoss, 26 November 1956 After studying business administration at the University of Innsbruck, Karl Stoss worked as a lecturer at the university’s Institute of Industry and Trade while completing his PhD. From 1984 he worked for the Vorarlberg Landesversicherung insurance company before becoming a partner and head of division at MZSG Management Centre St. Gallen in Switzerland two years later. In 1996, his career took him to Vienna, where he first spent one year working as a consultant for the Österreichische Postsparkasse [Austrian Postal Savings Bank] before assuming the role of deputy chairman of the bank’s Managing Board. He served as a member of the board at Raiffeisen Zentralbank Österreich AG from 2001 before joining the Managing Board of Generali Holding Vienna AG in 2004, where he was appointed chairman in early 2005. In January 2007, he joined the Management Board of Casinos Austria AG, where he assumed the position of chairman in May of the same year. Karl Stoss has also been a member of the Management Board of Casinos Austria International Holding since 17 May 2011. Director Bettina Glatz-Kremsner, 30 September 1962 Bettina Glatz-Kremsner holds a degree in commercial studies from Vienna University of Economics and Business. She began her professional career at Österreichische Lotterien Ges.m.b.H. [Austrian Lotteries] after graduating, where she was appointed CEO of the Hungarian subsi diary ‘Lotto Union’. This joint venture with the Hungarian National Savings Bank was Austrian Lotteries’ first international endeavor and lasted until 1996. Following that, Bettina Glatz-Kremsner was appointed assistant to the Management Board of Casinos A ustria AG and deputy head of the Executive Secretariat & Controlling unit at Austrian Lotteries. From 2000 to 2003, she coordinated synergies between Casinos Austria and Austrian Lotteries and was subsequently appointed head of the Synergies Division in both companies. She was appointed to the Management Board of Austrian Lotteries in 2006 and has been Chief Fi fficer and a member of the nancial O Management Board of Casinos Austria AG since 2010. Bettina GlatzKremsner has also been a member of the Management Board of Casinos Austria International Holding since 17 May 2011. Director Dietmar Hoscher, 5 June 1962 After studying economics at the University of Vienna, Dietmar Hoscher initially managed a research project on progressive consumption tax at the Ludwig Boltzmann Institute for Analysis of Economic Policy Activities before being appointed an economic advisor to the Österreichische Nationalbank [Austrian Central Bank] in 1987. Two years later, he became an economic policy advisor to the Austrian Parliament, serving in this capacity under Ministers of Finance Staribacher, Klima and Edlinger. In 1998, he was recruited by Casinos Austria, initially as head of division and authorized company representative. He joined the Management Board of Österreichische Sportwetten GmbH (tipp3) in April 2000, where he was appointed chairman in June 2008. He became a member of the Management Board of Casinos Austria AG in January 2007 and has also been a member of the Managing Board of Casinos Austria International Holding since 17 May 2011. D ietmar Hoscher has also been a member of the Management Board of the European Casino Association (ECA) since 8 September 2011 and serves as a lay judge at the Supreme Cartel Court. annual report 2011 7 8 THE FRIENDLIEST CHECK POINT IN THE COUNTRY Every guest can expect a welcoming smile from us. We take friendliness and service just as seriously as player protection. Our checks are your security. So that you keep smiling too. Annual report 2011 9 10 YOU’RE IN SAFE HANDS WITH US We look after our guests. So when you leave your coat in our cloakroom, you know it is i n safe hands as well. We can also provide you with a jacket if you decide to come in on the spur of the moment. So you can enjoy your visit to our casino right from the start. Annual report 2011 11 GAMING À la Carte The gaming mix at Casinos Austria is as varied as an open deck of cards. In addition to casino classics like Roulette and Blackjack, we also offer a huge choice of slot machine games and numerous tournaments, including the European Poker Championship at Casino Baden. 12 Annual report 2011 13 A SUCCESSFUL MIX Diversity is also the name of the game away from the tables. So while over 90 per cent of the wines served in our casinos originate in Austria, you’ll still find a ‘Manhattan’ in the middle of Innsbruck, Velden or Graz – because we’re also very ‘Cosmopolitan’. 14 Annual report 2011 15 The Company Group Casinos Austria and its affiliates and subsidiary companies provide gaming and entertainment of the highest order and are one of the few gaming groups in the world in a position to offer comprehensive and innovative solutions for all sectors of the gaming industry from a single source. Ownership structure and companies Medial Beteiligungs GmbH UNIQA Vienna Insurance Group Raiffeisen Gruppe Bankhaus Schelhammer & Schattera AG 38.3 % Münze Österreich AG Bankhaus Schelhammer & Schattera AG Private Aktionäre 33.2 % 5.3 % 23.2 % Casinos Austria AG 68 % Österreichische Lotterien Gesellschaft m.b.H. 50 % 50 % Entertainment Glücksund Unterhaltungsspiel Gesellschaft m.b.H. 100 % 56 % 100 % 100 % Casinos Austria International Holding GmbH Österreichische Sportwetten Gesellschaft m.b.H. win2day Entwicklungs- und Betriebs gesellschaft m.b.H. Glücks- und Unterhaltungsspiel Betriebsges.m.b.H. Organizational Chart CASAG Shareholders and Shareholdings, as of 31.12.2011 16 The company Organization The group’s individual areas of business are organized into separate business units which draw on the services provided by the corporate functions. Each business unit and each corporate function is assigned strategically to a member of the Casinos Austria or Austrian Lotteries Management Boards. Operational management is handled by the respective executive and divisional management teams. Within the group, the Casinos Austria business unit, for example, draws on the services of the corporate functions. Business Units (BU) Casinos Austria International Business Lotteries Karl Stoss Dietmar Hoscher Bettina Glatz-Kremsner Karl Stoss Dietmar Hoscher Bettina Glatz-Kremsner Bettina Glatz-Kremsner Friedrich Stickler Extended BU Management: Christian Schütz Extended BU Management: Alexander Tucek Christoph Zurucker-Burda Betting & Sports-Related Skill Games VLT/Slot Machine Business Online Gaming Dietmar Hoscher Dietmar Hoscher Executive Management: Philip Newald Georg Weber Executive Management: Robert Vierziger Friedrich Stickler Bettina Glatz-Kremsner Extended BU Management: Peter Ulovec Erwin Binder Executive Management: Friedrich Stickler Martin Jekl Corporate Functions (CF) Corporate Development Internal Audit Human Resources Corporate Communications Full Management Board Operative: Friedrich Stickler Bettina Glatz-Kremsner Full Management Board Operative: Karl Stoss Karl Stoss Karl Stoss Extended CF Management: Erhard Peinthor Extended CF Management: Adolf Geppl Erich Valenta Extended CF Management: Martin Himmelbauer Finance & Group Controlling Legal Affairs Public & European Affairs, CSR Information Technologies Bettina Glatz-Kremsner Dietmar Hoscher Dietmar Hoscher Bettina Glatz-Kremsner Extended CF Management Wolfgang Sperl Extended CF Management Peter Erlacher Extended CF Management Markus Eder Extended CF Management Erich Schuster Services Responsible Gaming, Advertising & Sponsoring Friedrich Stickler Friedrich Stickler Extended CF Management Oskar Berszenyi Nathan Bomze Extended CF Management Herbert Beck Extended CF Management: Peter Ulovec Reinhard Summerer Christian Schütz Organization Chart (Group), Status: 31.12.2011 annual report 2011 17 Report of the Supervisory Board The Supervisory Board has performed the duties incumbent upon it pursuant to statutory provisions and the Articles of Association in its meetings. The Management Board has provided regular reports on business progress. The Supervisory Board (as of 31 December 2011) The Casinos Austria AG financial statements and management report were audited by the independent auditors appointed at the Annual General Meeting on 29 March 2011, BDO Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft and KPMG Austria GmbH Wirtschaftsprüfungs- und Steuer beratungsgesellschaft. The completed audit raised no grounds for objection. The independent auditors have therefore confirmed that the Casinos Austria AG annual financial statements and management report comply with statutory provisions. Wolfgang Duchatczek Vice President Vice Governor (1st Deputy Chairman from 26 March 2010) The Supervisory Board confirms that it concurs with the Management Board’s management report and the proposed distribution of profits and that it formally approves the annual financial statements of Casinos Austria AG, which are hereby adopted pursuant to Section 125 of the Austrian Stock Corporation Act [Aktiengesetz]. Leo Wallner Vice President (4th Deputy Chairman to 30 June 2011) Furthermore, the Supervisory Board recommends that the aforementioned audit firms, BDO Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft and KPMG Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft, also be appointed as independent auditors for the 2012 fiscal year at the Annual General Meeting. The Supervisory Board Walter Rothensteiner (Chairman) Vienna, 29 March 2012 18 The company Walter Rothensteiner President Director General (Chairman) Günter Geyer Vice President Director General (2nd Deputy Chairman) Maria Theresia Bablik Vice President (3rd Deputy Chairwoman) State Commissioners Alfred Lejsek Alfred Katterl Johannes Pasquali Members of the Supervisory Board Helmut Jonas Friedrich Karrer (from 29 March 2011) Konstantin Klien (to 29 March 2011) Gerald Neuber Thomas Schröfl Gerhard Starsich Gottfried Wanitschek (from 29 March 2011) Peter Zöllner Delegated by the Central Works Council Jürgen Nachbaur (Chairman of the Central Works Council) Gerhard Dell-Osbel Christian Holz Gerhard Hrubes Peter Löb Manfred Schönbauer Legal Framework In Austria, the legal framework for the regulation of the gaming sector is established by the powers of legislation and execution accorded to the Federation in the matter of ‘monopolies’ in Chapter 1, Article 10 (4) of the Federal Constitutional Law [Bundes-Verfassungsgesetz]. The word ‘monopoly’ stems from the Greek and is composed of two parts: ‘monos’ meaning ‘alone’ and ‘polein’ meaning ‘to sell’, i.e. one single entity has the right to sell something. In the case of gaming in Austria, this entity is the State, represented by the Federal Ministry of Finance. While the Federal Ministry of Finance could exercise this right and offer gaming services itself, it has elected to delegate the matter and issue corresponding licenses. Casinos Austria operates casino-based games pursuant to the Austrian Gaming Act [Glücksspielgesetz], i.e. the Federal Law of 28 November 1989 to regulate games of chance, BGBl. No. 620/1989, as amended, within the scope of the licenses granted to the company. Start of call for tenders On 18 August 2011, the Federal Ministry of Finance issued its new public call for tenders for casino licenses in Austria and divided the licenses to be awarded into several ‘packages’. The so-called City Package [Stadtpaket] contains the Bregenz, Graz, Innsbruck, Linz, Salzburg and Vienna venues, i.e. those casino licenses due to expire on 31 December 2012. The deadline for the submission of bids for this ‘City Package’ was 13 January 2012. The call for tenders for the so-called Regional Package [Landpaket] was issued on 15 December 2011. This package covers those casino licenses which are due to expire on 31 December 2015 and contains the six venues situated outside Austria’s provincial capitals. The deadline for the submission of bids for the ‘Regional Package’ was 16 May 2012. The tender procedure for the three new individual casino licenses and the new Poker casino license was not initiated in the 2011 fiscal year. Legislative amendments in 2010 established the regulatory framework in the provincial laws of Lower Austria and Upper Austria to allow slot machine gaming as d efined in Section 5 of the Austrian Gaming Act. Corresponding tender procedures for these provincial licenses have been initiated in both these provinces. These licenses were not awarded in the 2011 fiscal year. In the province of Burgenland, the legal framework permitting the operation of stand-alone slot machines and slot machines in slot parlors was established in the reporting year. A corresponding call for tenders was not however issued in 2011. The European Court of Justice (ECJ) also delivered a series of landmark judgments in 2011, two of which warrant particular mention: Case C-347/09, ‘Dickinger and Ömer’ This is the second case in which the ECJ has dealt with Austria’s gaming sector – the first being Case C-64/08, ‘Englemann’. In its judgment of 15 September 2011, the Court followed the opinions of the Advocate General and in so doing continued to pursue its previous case law with the utmost rigor. Once again, the ECJ affirmed that Austria’s gaming monopoly is compatible with EU law. Furthermore, the judgment clarified that Austria’s Gaming Act was compatible with EU law even prior to the 2010 amendment. Case C-212/08 ‘Zeturf’ As far as the admissibility of cross-border online gaming (in the European context, this also includes sports betting) is concerned, the C-212/08 Zeturf action, which was instituted in France, moves in a similar direction. In its judgment, the ECJ recalls that Member States are in principle free to set the objectives of their policy on games of chance and, where appropriate, to define in detail the level of protection sought. As the ECJ has acknowledged in its decisions, a Member State that is seeking to ensure a particularly high level of consumer protection in the gaming sector may take the view that it is only by granting exclusive rights to a single body, subject to strict control by the public authorities, that it can tackle with sufficient effective ness the risks connected with that sector and pursue the objectives of preventing incitement to squander money on gaming and of combating addiction to gaming. annual report 2011 19 Casinos in Austria The 12 casinos operated by Casinos Austria A leisurely cocktail in a comfortable seat at the bar, an award-winning menu in a top class restaurant, superb conference facilities, top concerts and – of course – great gaming fun and excitement at the Roulette, Blackjack and Poker tables or on the latest slot machines. You’ll find all this and more when you go to a casino. Provided, of course, it’s one of the 12 casinos operated across Austria by Casinos Austria. From Bregenz in the west to Baden and Graz in the east, from Linz in the north to Velden in the south, from the splendor of a baroque palace in Salzburg to a contemporary architectural masterpiece in Innsbruck – Casinos Austria has something very special to offer in all its casinos. Yet despite their diversity and all the efforts taken to capture and reflect their regional flair and local character, these 12 casinos all have one thing in common: they offer state-of-the-art gaming at its very best, provide perfect service in exquisite surroundings, and – above all –show a measure of responsibility unparalleled in the international gaming world. Our guests recognize and appreciate this quality. They remained loyal to Casinos Austria even at the height of the financial crisis in 2009. In 2010, while other sectors were still complaining about the situation, Casinos Austria was again able to record a rise in guest numbers. We welcomed a total of 2.36 million guests over the course of that year – an increase of 1.17 per cent. And we are delighted to report that we were able to maintain our guest numbers at this high level in 2011. Of course, our guests come primarily to our casinos to try their luck at the tables and slot machines, soak up the ambience and enjoy the expertise and hospitality of our skilled croupiers. But there are many other good reasons for a visit as well – like the superb cuisine on offer in our top class restaurants or the showcase events in our multi-purpose event facilities. To keep things this way, Casinos Austria invests carefully in its 12 Austrian venues every year. Needless to say, we also use domestic suppliers and service providers whenever possible. This is just one of the many ways in which the company contributes to the Austrian economy and competitive ability. 20 The company A flagship enterprise also has to embody sustainability and social responsibility in its day-to-day business. Doing so naturally also includes generating as much added value as possible at a regional level. This is particularly evident at Casinos Austria in our food and beverage (F&B) sector – we take great care not only to feature traditional Austrian cuisine on our menus, but also to use local produce in our kitchens. In 2011, we generated 7.6 million euro in food-based revenue at our events, restaurants and bars. Almost 7 million of this (more than 95 per cent) with products made in Austria. The situation was similar for wine: of the 2 million euro in wine sales in our casinos in 2011, 1.8 million came from wines produced by Austrian winemakers. Collaboration with local – frequently often organic – farmers and food producers also helps to protect the environment – shorter delivery channels, for example, mean fewer food miles. Sustainable management allows Casinos Austria to safeguard many jobs – directly and indirectly, the company currently sustains around 4,400 workplaces. An integral part of corporate policy at Casinos Austria is the responsible management of resources – and that, of course, also includes human resources. But our regional symbiosis by no means stops with the purchase of local products and services. As a sponsor of numerous humanitarian, cultural, scientific and environmental institutions and organizations and one of the country’s top benefactors, Casinos Austria repeatedly provides impetus and incentive that it is hard to imagine life in Austria without. Casino Baden “With its lavish atmosphere, superb range of games, fine cuisine and many different events, Casino Baden promises a unique entertainment experience.” Edmund Gollubits, Casino Director The magnificent Italian neo-Renaissance style Casino Baden is set in a wonderful location, right in the middle of the town’s spa park. The venue inimitably combines all three pillars of the modern lifestyle casino: entertainment, dining and gaming, making it the place to meet to the south of Vienna and one of the region’s leading tourist operations for many years. The spacious casino offers far more than just great gaming. It is also home to one of the most modern entertainment centers and most popular event venues in Austria: Congress Casino Baden. Numerous events and congresses were held here in 2011, including the ‘Genussfest’ gourmet festival, the Miss Austria beauty pageant, the ‘Casino Redoute’ costume ball, the 11th Convention of Austrian Surgeons, the ‘Badener Gespräche’ tourism convention, the EPCON 2011 Austrian energy industry congress and the Auto Revue Awards 2011. In the fall, the national and international Poker elite also flocked to C asino Baden for another major event – the European Poker Championship. The casino features a large gaming area with comfortable sofas, a modern bar and plenty of gaming tables. A further big attraction in the summer months is the al fresco summer lounge with its contemporary design forming the perfect complement to the historic casino building. Tall palm trees, crisp white shade sails and an impressive fountain exude a special holiday flair, while inviting seating areas provide the perfect setting for a relaxed evening with friends. Facts & Figures Guests Employees (FTE) Revenues (in euro) 284,438 139 23,114,106 Year-in, year-out, the official opening of the summer lounge in June is a major highlight in the Casino Baden event calendar. Until the end of September – weather permitting – the patio is open every evening from 6 pm and is the ideal spot for a special meal or a casual cocktail. Last year’s opening celebration had a Pirates of the Caribbean theme and saw the summer lounge transformed into a colorful deck of magnificently costumed pirates. Contact Kaiser-Franz-Ring 1 Im Kurpark 2500 Baden, Austria Phone: +43 2252 444 96 Fax: +43 2252 444 96-222 E-mail: [email protected] www.baden.casinos.at annual report 2011 21 Casino Bad Gastein “Our guests value our friendly service and exceptional ambience.” Wolfgang Haubenwaller, Casino Director The special flair and rich traditions of the Grand Hotel de l’Europe in the heart of Bad Gastein can also be sensed in Casino Bad Gastein. The elegant hotel has been home to the casino since 1984. Casino Bad Gastein is a seasonal operation and is open daily from 7 pm from the end of December to the end of March and from July to mid-September. It is located in the center of the belle époque spa town, surrounded by a stunning natural landscape which is ideal for skiing and other outdoor activities in the winter and long mountain hikes in the summer months. In addition to the corporate promotions run across Austria, Casino Bad Gastein organized its own ‘Win 777 Euro’ promotion for gaming enthusiasts in 2011. Guests won entry tickets for the prize draws in August and September at the Roulette, Blackjack or Poker tables, as well as at the slot machines. The casino also ran numerous additional slot promotions throughout the year, like the ‘Mystery Jackpot Finale’, ‘Castle Mania’, ‘Dinner & Party Jackpot’ and ‘Chance of a Million’. On eight days in August, Casino Bad Gastein raffled off three times seven chances to win a million on the Mega Million Jackpot slot machines. Throughout the entire summer season, guests also had the opportunity to participate in the Casino Bad Gastein High Score Cup and earn themselves the chance to win a Dinner & Casino Night voucher at the season finale in September. Facts & Figures In a tourist destination with a centuries-long tradition, networ- Guests Employees (FTE) Revenues (in euro) king with the other tourist operations in the region, especially the hotel industry, is extremely important. With this in mind, Wolfgang Haubenwaller and his team organized a summer hotel kick-off for hoteliers and receptionists from the Gastein Valley on Wednesday 13 August 2011 to introduce them to the facilities at Casino Bad Gastein. Since Wednesday is traditionally ‘Ladies Day’ at Casinos Austria, and the 13th of each month is seen as a particularly lucky date, both falling on the same day meant this get-together was an even more fun and productive event for all concerned. 22 The company Contact Kaiser-Franz-Josef-Straße 14 Grand Hotel de l’Europe 5640 Bad Gastein, Austria Phone: +43 6434 24 65 Fax: +43 6434 24 65-11222 E-mail: [email protected] www.badgastein.casinos.at 17,797 14 1,110,810 Casino Bregenz “Casino Bregenz is one of the hot spots on Lake Constance. Our guests enjoy great entertainment in a stylish setting that really has it all!” Josef Semler, Casino Director* Everything under one roof – an international gaming mix, superb cuisine and all the entertainment you could wish for. That’s what you’ll find in the unique surrounds of Casino Bregenz. Even the architecture is an attraction in itself: the casino complex is built as a series of individual pavilions whose design and layout blend perfectly with their surroundings – the lake, the parks and the festival building. The redesigned casino restaurant has a true air of class and splendor, and the panorama window overlooking the casino is a real highlight, allowing restaurant guests to take in the appeal and elegance of the gaming floor from the best seats in the house. The stylish new cabañas on the patio are another great place to while away an evening. The elegant yet inviting pavilions mean guests can now enjoy the al fresco feeling from Easter right through to October. Long regarded as a trendsetter and innovator, Casino Bregenz recently reinforced this image with the introduction of new iPad menus. The Casino Bregenz team is also highly adept at staging more festive events – from small, intimate gatherings to large social functions. Be it a banquet, reception, romantic candlelit dinner, seminar, presentation or dinner show – an event at Casino Bregenz is guaranteed to be a memorable, perfectly organized, well conceived and lovingly hosted occasion. The predominantly international clientele at this popular casino also enjoy a unique level of service – wrapped up with that typical Austrian brand of charm. *Bernhard Moosbrugger was appointed director of Casino Bregenz from 1 January 2012. Facts & Figures Casino Bregenz broadcasts the Zeitzeugen series [‘Witnesses of Our Times’] in cooperation with Vorarlberg’s regional radio station. In this series, key figures who have contributed to Guests Employees (FTE) Revenues (in euro) 324,066 147 55,277,339 shaping Austria’s history offer their take on their own particular era. The series seeks to raise awareness of contemporary history and draw on the guest’s wealth of experience to bring it to life. A large audience tuned in with interest, for example, when the former mayor of Bregenz, Siegfried Gasser, took to the chair to talk to host Elmar Oberhauser and offer a fascinating glimpse behind the scenes of a political career spanning some 30 years. Contact Am Symphonikerplatz 3 6900 Bregenz, Austria Phone: +43 5574 45 127 Fax: +43 5574 45 127-12 222 E-mail: [email protected] www.bregenz.casinos.at annual report 2011 23 Casino Graz “With its multi-functional entertainment services, top class cuisine and superb gaming facilities, Casino Graz is the leading tourist operation in the city center.” Andreas Sauseng, Casino Director Casino Graz is a multi-functional gaming venue with much to offer. An accomplished fusion of late-classical architectural elements and contemporary design give the popular casino a very distinctive flair. Its gaming mix is continuously expanded and offers something for everyone, from the thrill of the Roulette, Poker and Blackjack tables through to the chance to win the Mega Million slot jackpot. Integrated into the gaming area is another eye-catching attraction – the expansive casino bar with its contemporary lighting concept is the ideal spot to take in the action on the gaming floor over a glass of sparkling wine. Natural light also plays a key role at Casino Graz. Specially designed stained glass windows lend the casino its very special look and feel and add to its attraction as an event venue. In addition to its superb gaming f acilities, the casino also hosts a wide variety of functions and events throughout the year in its expansive Casineum event room – from theater shows, concerts and gala dinners to art exhibitions, literary evenings, book launches and fashion shows. It also organizes and supports many events outside the casino, including the annual Casino Graz City Golf Championship. At Casino Graz, guest comfort always comes first. A new carpet in the classic casino blends in harmoniously with the gaming area’s welcoming design. Stylish new furniture in the restaurant area makes it the perfect spot for a gourmet evening. Quite simply: an elegant casino with contemporary style. Facts Casino Graz is the co-organizer of the annual Graz City Golf Championship, where golfers from the Styrian capital take to Guests Employees (FTE) Revenues (in euro) the course at the Thalersee Golf Club for the title of Graz Golf Champion. A record 140 competitors teed off in 2011 at the third edition of this popular tournament, all hoping to take home the coveted Green Jacket, which was presented to the winner at fitting ceremony in the casino. The casino’s special affinity with the ‘game of kings’ is also evident in its special ‘Drive ins Glück’ [‘Lucky Drive’] golf and casino package, offered in cooperation with the local Murhof Golf Club. 24 The company Contact Landhausgasse 10 Grazer Congress 8010 Graz, Austria Phone: +4331683 25 78 Fax: +43 316 83 25 78-13222 E-mail: [email protected] www.graz.casinos.at 187,223 101 14,469,773 Casino Innsbruck “We look on the almost five million guests we have welcomed over the last 20 years as a source of great satisfaction and as confirmation of the attraction our venue holds in the Tyrolean capital.” Kurt Steger, Casino Director Casino Innsbruck has been a popular destination for l ocal and international guests since it first opened 20 years ago. Situated in the city center at the southern end of Maria-Theresien-Straße, the casino has even had its own stop on the #3 tram line – which links all parts of the city – since 2011. In addition to its superb gaming mix, the casino’s spacious Casineum multi-purpose function area has provided a fitting setting for all manner of high profile events since 1997. Some 180 events are held here each year – a colorful potpourri of world-class cabaret shows and concerts, charity functions, Poker tournaments, lifestyle events and even radio shows like the Tyrolean Zeitzeugen [‘Witnesses of Our Times’] series. And color literally comes into play throughout the entire casino on the annual Pink Ribbon Charity Night in aid of Österreichische Krebshilfe [the Austrian Cancer Support Society], which has been held at Casino Innsbruck since 2009. Casino Innsbruck has always been strongly committed to cultural and social causes. Over the last five years, casino staff have worked tirelessly at the city’s annual Christmas market, donating some 140 days of their own time and collecting a total of 80,386.12 euro for the Austrian charity Licht ins Dunkel [literally: ‘Light into Darkness’]. The proceeds of their efforts are used to support needy families in the region. A combination of innovative lighting, an international gaming mix and an attractive event program lend an elegant and modern touch to the typical Tyrolean hospitality on offer at Casino Innsbruck. Facts Since 2002, Casino Innsbruck has hosted monthly cabaret nights in the Casineum in cooperation with the Innsbruck Guests Employees (FTE) Revenues (in euro) 220,513 118 27,440,676 cabaret association. Over the years, these performances have become an established fixture in Innsbruck’s cultural calendar and continually attract large audiences. Among the many well-known performers who took to the stage in 2011 were Austrian cabaret artists Mike Supancic and Heilbutt and Rosen (photo above). A new booking service was also introduced for cabaret fans in 2011: their subscriptions can now be managed through the Casinos Austria Glücks Card loyalty scheme, giving them access to all the many other member Contact Salurner Straße 15 Hilton Hotel 6020 Innsbruck, Austria Phone: +43 512 58 70 40-0 Fax: +43 512 58 70 40-14222 E-mail: [email protected] www.innsbruck.casinos.at benefits and discounts. annual report 2011 25 Casino Kitzbühel “With its numerous activities during major sporting events, Casino Kitzbühel has made a name for itself as a major entertainment venue in the heart of the city.” Hannes Huter, Casino Director Casino Kitzbühel is the place to meet in downtown Kitzbühel. The modern yet welcoming multi-purpose casino provides a wide range of gaming and entertainment options over two well-appointed levels. Guests particularly enjoy the intimate ambience and the personal service they know they will receive at Casino Kitzbühel. The open plan gaming area and bar are the ideal place to while away the time and enjoy the action at the tables over a relaxed drink. From Roulette, Poker and Blackjack to state-of-the-art slot machines, the international gaming mix offers something for every taste. Casino Kitzbühel enjoyed a packed calendar of events in 2011. During the 71st Hahnenkamm Race in January, the casino was the venue of choice for ski enthusiasts and celebrities. On ‘Racers Night’, skiing stars played in a charity Poker event for a good cause. In the summer, guests at a special ‘Triathlon Night’ organized to coincide with the Triathlon World Cup included Olympic Champion Kate Allen and World Champion Alistair Brownlee. In August, the Casinos Austria Poker Tour made its first ever stop at Casino Kitzbühel. Other highlights throughout the year included a range of cultural and culinary events, art exhibitions, clubbing nights, receptions, high-profile gaming tournaments, and many more. Exciting gaming, the casino’s own ‘hinterstadt24’ restaurant with its well-stocked wine cellar, an elegant bar and a cozy bistro make a visit to Casino Kitzbühel an unforgettable experience. Facts & Figures The Casinos Austria Poker Tour (CAPT) is Austria’s single most important tournament series. Last year saw the tour make its first stop at Casino Kitzbühel. This premiere was a Guests Employees (FTE) Revenues (in euro) resounding success: from 24 to 28 August, some 200 players battled it out at the tables in the main Texas Hold’em No Limit event for a total prize money of 148,200 euro. The highlight of this stop on the CAPT was a ‘triple home win’ for Austria, with Alexander Rettenbacher taking first prize. 26 The company Contact Hinterstadt 24 6370 Kitzbühel, Austria Phone: +43 5356 62300 Fax: +43 5356 62300-222 E-mail: [email protected] www.kitzbuehel.casinos.at 56,143 48 7,807,926 Casino Kleinwalsertal “Casino Kleinwalsertal is a leading business in the Kleinwalsertal tourist region and a major attraction for many international guests.” Joseph Semler, Casino Director* The casino in Kleinwalsertal is already something special simply by virtue of its location. Kleinwalsertal is a leading Alpine tourist destination that adjoins the German Allgäu mountain region and is only accessible by road from Germany. Close cooperation with the many hotels in the area makes Casino Kleinwalsertal a popular attraction not only for local residents, but also for the many tourists who visit the region each year. Guests can start the evening in style with an excellent dinner in the casino’s Gault Millau award-winning ‘kostbar’ restaurant which serves culinary delights of the highest order. The ‘wandelbar’ multi-purpose function room is the ideal venue for larger groups or special occasions and demonstrates the casino’s strengths as a professional event organizer. Situated one floor above, the gaming area offers all the thrill of popular casino games like Roulette, Blackjack or Poker as well as a selection of the latest slot machines. Since 25 December 2011, the slots area at Casino Kleinwalsertal has been open daily from 4 pm, offering great afternoon entertainment with complimentary drinks and snacks. Those who wish to round off their evening in style can take to the dance floor on Fridays, Saturdays and before public holidays in the casino’s own ‘tanzbar’ nightclub. Casino Kleinwalsertal combines gaming, fun and enjoyment under one roof. *Bernhard Moosbrugger was appointed director of Casino Kleinwalsertal from 1 January 2012. Facts & Figures With the Oberstdorf ski jumping center located just a few Guests Employees (FTE) Revenues (in euro) 46,423 34 3,358,210 kilometers from Casino Kleinwalsertal across the border in the Allgäu, Alexander Pointner (pictured second from right), head coach of Austria’s successful ski jumping team, took the opportunity to visit the casino in October 2011. While there, he gave a talk on ‘top performance in professional sport’, providing personal insights into the training program and success of the ‘Austrian Eagles’ team. Contact Walserstraße 31 6991 Riezlern, Austria 87567 Riezlern, Germany Phone (AT): +43 5517 50 23-240 Phone (DE): +49 8329 50 23 Fax (AT): +43 5517 50 23-16 222 E-mail: [email protected] www.kleinwalsertal.casinos.at annual report 2011 27 Casino Linz “After a good year in 2011, we’re looking forward to celebrating the 30th anniversary of Casino Linz in 2012 with some fantastic events and competitions.” Josef Kneifl, Casino Director More than 280,000 visitors in 2011 are testimony to Casino Linz’s success in catering both to its regular guests as well as to event goers and casual visitors looking for a great night out. With around 120 events throughout the year, demand was high in 2011 for the venue’s 200 square meter Casineum function room. The casino had launched a series of special party events in 2010, and these were continued in 2011 by popular demand – with the ‘Oktoberfest’ and ‘Christmas Party’ proving to be the party highlights of the year. Indeed, the Christmas Party attracted some 1,561 guests – making it the casino’s busiest day in 2011. Casino Linz has every right to be proud of its latest innovation in the live gaming area: Astro Roulette is an idea that came out of the casino’s own think tank and was introduced to its gaming floor on 12 March 2011. The ‘Beat the Pros’ Texas Hold’em Poker tournament was another gaming highlight and offered regular casino guests the chance to try their hand against some well-known professional players. In addition to the traditional casino floor games, chess and popular Austrian card games like ‘Tarock’ [a form of Tarot] and ‘Schnapsen’ [a variant of Sixty Six] are also becoming increasingly popular in the Casineum at Casino Linz through events like the recent ‘Dreikönigstarock’ [‘Three Kings Tarot’] tournament which attracted almost 400 players. Facts & Figures Casino Linz regularly hosts culinary events, including the annual beer festival, which is always a real highlight. During Guests Employees (FTE) Revenues (in euro) this event, Austrian journalist and beer pundit Conrad Seidl presented the latest edition of his Beer Guide, which provides a listing of the best beer pubs in Austria and an overview of the latest innovations in the beer world. Needless to say, in addition to recognizing award-winning publicans, the chance to taste regional beer specialties is a key attraction – and just one of the reasons why the festival is so popular with beer enthusiasts from across the whole region. 28 The company Contact Rainerstraße 2-4 Schillerpark Hotel 4020 Linz, Austria Phone: +43 732 65 44 87 Fax: +43 732 65 44 87-17222 E-mail: [email protected] www.linz.casinos.at 282,778 118 23,856,587 Casino Salzburg “Our wide range of measures to promote events, competitions and Poker have led to an increase in visitor numbers and revenues at Casino Salzburg.” Wolfgang Haubenwaller, Casino Director Captivating gaming in a beautiful baroque setting with international flair awaits visitors to Casino Salzburg. Klessheim Palace is the perfect location for a casino and reflects the importance of the link between art and gaming that is enshrined in Casinos Austria corporate philosophy. Casino Salzburg introduced a range of new guest loyalty measures in 2011. New promotions offering guests the chance to win great prizes (such as 3,000 euro in cash or motorway toll stickers) contributed to a growth in both visitor numbers and gaming revenues. The casino also increased its emphasis on partnerships, for example by organizing two live bingo events in collaboration with Austrian Lotteries or offering casino vouchers as prizes on the internet platform salzburg24.at. Casino Salzburg is also a sponsor of the ‘Krone Fußball Gala’, the Salzburg Open Wheelchair Tennis Tournament, the 2011 Fistball World Championship and the ‘Integrations-Fußball-WM’ – a football ‘world cup’ for migrants living in Austria. Poker was also high on the agenda in 2011, with Casino Salzburg hosting more than 120 tournaments with buyins ranging from 35 to 2,000 euro. Highlights included the Casinos Austria Poker Tour (CAPT) in April, the Salzburg Poker Triathlon in June and the Advent Poker Masters in December. Redesigned in 2010, the casino bar and ‘Westterrasse’ patio restaurant were a big attraction in 2011, with the al fresco evening dining and Mediterranean flair proving particularly popular with guests in the summer months. Facts & Figures On 21 June 2011, Casino Salzburg welcomed the participants in the Salzburg Integrations-Fußball-WM to Kless heim Palace for the tournament draw ceremony. This Guests Employees (FTE) Revenues (in euro) 188,650 113 20,028,746 annual football tournament brings together a total of 1,300 participants in some 60 national teams – all made up of migrants living in Austria. Casinos Austria and tipp3 have been the official partners of the tournament since 2009. Its co-organizer, the integration association ‘Sport spricht alle Sprachen’ [‘Sport Speaks all Languages’], was recognized with a special prize at the Österreichischer Integrationspreis [Austrian Integration Award] ceremony in June 2011. Contact Klessheim Palace 5071 Wals-Siezenheim, Austria Phone: +43 662 854455-0 Fax: +43 662 854455-222 E-mail: [email protected] www.salzburg.casinos.at annual report 2011 29 Casino Seefeld “Former tennis star Boris Becker played in the Casinos Austria Poker Tour in Seefeld in January 2011. Yet another sign of the excellent reputation our Alpine casino enjoys in the international Poker scene.” Ernst Hubmann, Casino Director With its homely, rustic ambience, Casino Seefeld has a special charm all of its own. The relaxed atmosphere and unique combination of South Tyrolean rural baroque elements, hand crafted curiosities and distinctive wood paneling are admired by guests from home and abroad alike. And the elegant glass walls used to divide the gaming area form the perfect complement to the venue’s traditional architecture and design. Guests enjoy a range of culinary delights at the welcoming bar in the gaming area and in the exclusive restaurant and lounge bar on the ground floor. Tourism in the region focuses to a large extent on visitors from Germany and Italy, and most of the guests at Casino Seefeld also hail from these countries. Casino Seefeld is often referred to as ‘Europe’s Poker stronghold’ and did real justice to this name in 2011 with various high-profile events throughout the year, including the Casinos Austria Poker Tour (CAPT), Poker Masters, Mountain Poker Party and High Roller Week. In December, the Baccarat World Championship was held at Casino Seefeld for the 13th time, attracting players from all over Europe, America and Asia to the picturesque Alpine town. At the beginning of the year, a lucky guest from Milan won an amazing 220,000 at the Blackjack table – the highest ever win in a card game in the casino’s 40-year history. Facts & Figures Baccarat – or punto banco – is a centuries-old card game, where the objective is to predict whose hand, the banker‘s Guests Employees (FTE) Revenues (in euro) (banco) or the player‘s (punto), will be closest to the value of nine after two or a maximum of three cards have been dealt. Casino Seefeld is the host venue of the annual Baccarat Challenge series, which is held on several dates throughout the year and culminates in the Baccarat World Championship each December. In 2011, the captivating final round featured a German/Italian duel for the title, with a player from Munich ultimately emerging victorious to take home the coveted trophy and a cash prize of 10,000 euro. 30 The company Contact Bahnhofstraße 124 Karwendelhof Hotel 6100 Seefeld, Austria Phone: +43 5212 2340 Fax: +43 5212 2340-222 E-mail: [email protected] www.seefeld.casinos.at 126,032 93 15,332,567 Casino Velden “The international trend towards combining gaming, entertainment and dining follows a strategy that has been successfully in place at Casino Velden for many years.” Othmar Resch, Casino Director Casino Velden is renowned for its vibrant lakeside setting, great gaming, superb entertainment and excellent cuisine. In October 2011, the casino restaurant was awarded an impressive two Gault Millau toques. And with award-winning chef Marcel J. Vanic heading up the kitchen, every event at Casino Velden is guaranteed to be a culinary success. Casino Velden is also home to a modern convention c enter that offers 1,150 square meters of premium space for conferences, congresses, gala events, art exhibitions, and much more. Floor-to-ceiling windows in the Casineum afford wonderful views over Lake Wörth, while retractable walls open up the 270 square meter function room to the gaming area and foyer. Events with a local theme are always popular with guests, and some 1,280 visitors flocked to the casino in March to celebrate the feast of St. Josef – the patron saint of Carinthia – including 32 birthday girls and boys and 159 men named Josef! Casino Velden has also become a venue of choice for dance functions, with three new events added to its calendar in 2011 – the ‘Alpe-Adria Equestrian Ball’, the ‘Knopferlball’ (a celebration of Carinthian national dress) and the clubbing event ‘Cinderella Dances’. In summer, the Casinos Austria Poker Tour comes to Velden, attracting Poker enthusiasts from all over the world to the lakeside tourist resort. In 2011 the event set a number of new records: some 1,000 Poker players from over 30 countries with a combined 1,400+ tournaments under their belts flocked to Casino Velden to match their skills for a total prize money in excess of 1 million euro. Facts & Figures In mid-September, Casino Velden played host to a cinematic highlight of the highest order: the world premiere of the film adaptation of Udo Jürgens’ autobiographical novel ‘The Man with the Bassoon’. The singer and composer was, Guests Employees (FTE) Revenues (in euro) 232,156 124 25,869,148 of course, in the audience to enjoy the gala event in person and was clearly delighted with the performance of leading man David Rott. Along with the members of the cast, many prominent figures also travelled to Velden to witness this momentous film event, including Austrian Chancellor Werner Faymann and ORF Director Alexander Wrabetz. Casino Velden proved to be the perfect setting to bring Carinthia’s famous son to life on the big screen. Contact Am Corso 17 9220 Velden, Austria Phone: +43 4274 2064 Fax: +43 4274 2064-20222 E-mail: [email protected] www.velden.casinos.at annual report 2011 31 Casino Wien “In recent years, we have succeeded in enhancing our image and are now seen not only as a traditional gaming casino, but also as a stylish venue for casual casino goers and a fun place to be.” Reinhard Deiring, Casino Director Casino Wien can look back on a 50-year history in which much has changed, yet many proven practices have also remained the same! The casino has been located in the stylish surrounds of the magnificent Palais Esterházy on the Kärntner Straße in downtown Vienna since 1969. Visitors to Casino Wien now enjoy superb entertainment on three different levels: the relaxed atmosphere of the ‘Jackpot Café’ on the ground floor, the elegant, classic casino on the first floor and the modern Poker lounge on the second floor. The historic rooms in the palais might have been carefully extended in recent years and equipped with the latest technology, but they still retain all their original charm. The classic gaming area on the first floor has a very special ambience that invites you to sit back, relax and linger a while and is also home to the Fuchs Room, a particularly impressive artistic masterpiece. But it is not just the rooms which have been extended over the past 50 years; the casino’s gaming mix has also grown exponentially since its early days and now offers guests a huge variety of choice. Although the casino does now offers automatic roulette machines powered with compressed air, it also still remains true to its elegant roots and features several classic American Roulette and two French Roulette tables. Its modern ‘Cercle Bar’ is elegantly integrated into the gaming area and is the ideal spot to take in the action at the tables over a relaxing drink. Facts & Figures 21 April 2011 was a memorable date for Casino Wien, since it marked the casino’s 50th anniversary. True to form, the casino hosted a huge ‘back to the 60s’ theme party to celebrate the occasion. Revisiting 1961, an ‘Elvis Presley’ lookalike – com- Guests Employees (FTE) Revenues (in euro) plete with guitar and military uniform – and several ‘Marilyn Monroes’ were all to be seen at the event. Casino Wien has been located in its current venue since 1969 and can look back fondly on an impressive history. Over the last 50 years, it has welcomed around 13 million guests and – in spite of a number of major refurbishments – has always succeeded in retaining its historic, stylish ambience. 32 The company Contact Kärntner Straße 41 Palais Esterházy 1010 Vienna, Austria Phone: +43 1 5124836 Fax: +43 1 5124836-21222 E-mail: [email protected] www.wien.casinos.at 395,778 183 52,680,470 Casinos Austria International Casinos Austria International (CAI) is a key player in the international gaming industry and has earned itself a global reputation for its innovative casino, gaming and entertainment concepts. Casinos Austria International’s expertise ranges from the evaluation, planning, building and operation of classic casino venues through to the development of modern entertainment center concepts in which the casino product fits harmoniously into a wider range of entertainment services such as bars, restaurants, events and concerts. Each such product is carefully designed and crafted to meet the needs of its own particular market. CAI also works closely with Casinos Austria AG, Austrian Lotteries and the other companies in the Casinos Austria Group to develop new and innovative products for the g aming industry, thereby ensuring the group remains in a position to benefit internationally from future regulatory developments, for example, in the online gaming sector. This broad portfolio of development, consulting and management services has allowed CAI to realize more licensed gaming projects in more jurisdictions than any other company in the industry since it was founded in 1977. CAI and its local partners currently operate 60 gaming venues in 18 countries or on board five luxury cruise ships in the Silversea Cruises fleet. annual report 2011 33 1 2 4 1 Spielbank Hannover in RP5 2 – 4 Corinthian Club, Glasgow 3 5 – 6 Grand Casino Brussels @ Viage 34 The company 5 2011 at a glance 2011 was a year of changes and new beginnings at Casinos Austria International. The company had launched an extensive investment program in Europe, financed using corporate bonds, prior to the onset of the financial, credit and sovereign debt crisis. New casinos were opened in Brussels, Hanover, Belgrade and Glasgow, while a partnership was established to set up a chain of video lottery terminals (VLT) outlets in Italy. This expansion program had already left its mark on CAI’s financial results in 2010. CAI had previously always made a positive contribution to the Casinos Austria Group’s consolidated results. However, the untimely coinciding of its investment and expansion program with the global economic crisis led to CAI reporting a loss for the first time in its 33-year history. In May 2011, the members of the Casinos Austria International Management Board tendered their resignation. The Management Board of Casinos Austria AG under the direction of Chairman Karl Stoss was appointed to the task of continuing operations at CAI. An exhaustive analysis and audit of all CAI operations immediately followed. This resulted in a stringent austerity program not only at head office in Vienna, but also at all CAI operations around the globe. It also brought about a paradigm shift in company strategy. New markets and growth opportunities will now be sought primarily in South America and Asia rather than in Europe. At its existing venues, CAI will return to concentrating on its core 6 business – gaming – while at the same time building on partnerships with local providers for catering and entertainment services. While this strategy change should bring about an economic turnaround by 2013, Casinos Austria International still reported a loss in the 2011 reporting year. Global trends in the gaming industry in 2011 On the whole, 2011 was another challenging year for the gaming industry. While developments at the local level varied, two global trends prevailed. Firstly, the availability and accessibility of gaming products and services – both online and offline – continued to grow worldwide. Global gaming industry revenues also grew in 2011. Yet, at the same time, revenues annual report 2011 35 1 stagnated in the classic casino sector, particularly in Europe. In recent years, measures such as smoking bans, stricter entry controls and new regulations to combat money laundering have made the business environment increasingly difficult for the operators of traditional casinos – and for licensed casino operators in particular. This situation was aggravated in 2011 by the growing competition from the proliferation of legal and illegal slot parlors and the increase in illegal cross-border online gaming products. The second trend that became apparent was increasing regulatory pressure. The European Union, the United States and other individual countries are all trying to overcome illegal cross-border online gaming. Capital outflow and the corresponding loss of tax revenues are as much a consideration in these efforts as player protection. Casinos Austria International actively embraces and addresses these challenges. In Europe, both CAI and its parent company Casinos Austria AG are strongly committed to the European Casino Association’s (ECA) attempts to make the interests of the industry heard. The ECA represents the interests of Europe’s licensed casino operators, and Casinos Austria di ietmar Hoscher has been a member of the rector D association’s board since September 2011. A comprehensive restructuring program has also allowed CAI to focus on its core strengths: the planning, organization and management of gaming operations. 36 The company In gaming revenue terms, this has already enabled the company to once again post gains and improved results in its European operations. Despite the difficult market conditions, CAI succeeded in raising its consolidated total revenues for 2011 to 230.6 million euro, an increase of 5.8 per cent compared to 2010. At the end of 2011, CAI and its partners together operated a total of 60 gaming operations in 18 countries. These included 15 slot parlors, 3 VLT outlets in Italy, 5 casinos on board luxury cruise ships as well as a lottery in the Argentinean Province of Salta. Casinos Austria International publishes financial reports in the Oesterreichische Kontrollbank’s (OeKB) Issuer Information Centre. The 2011 report will be available for download at http://issuerinfo.oekb.at/ startpage.html by the end of April 2012. 3 2 4 1 – 2 Reef Hotel Casino 3 Great Blue Heron Charity Casino 4 Grand Casino Bern 5 CAI Management Board with the European Operator of the Year award 2012 CAI named European Casino Operator of the Year again Casinos Austria International was named ‘Casino Operator of the Year Europe’ in both 2011 and 2012 at the International Gaming Awards – the ‘Oscars of the gaming industry’ which are held every January in London. This makes CAI the only company to have received an award every year since the International Gaming Awards were launched in 2008. The company was voted European Operator of the Year four times (2008, 2009, 2011, 2012) and Socially Responsible Operator of the Year in 2010. Outlook 2012 Current economic and regulatory developments in Europe mean that maintaining profitability is now more important than ever for each individual casino. Accordingly, CAI will continue to review its portfolio of operations and work with local management to introduce further appropriate revenue-enhancing measures. While a slight recovery is evident, CAI expects the situation in the European entertainment industry to 5 remain difficult and anticipates continued consumer spending restraint throughout 2012. The remaining 134 million euro of the first CAI corporate bond will be repaid in April 2012. Potential expansion opportunities have been identified in particular in Asia and South America. In 2011, CAI succeeded in concluding a management contract for a high-class casino in Vietnam. Additional projects in these locations are also under negotiation. annual report 2011 37 Austrian Lotteries A year of lottery superlatives: important anniversaries, new records, many millionaires and the lottery license re-secured for a further 15 years. For Austrian Lotteries, 2011 was a year marked by good omens. In September, the company celebrated 25 years of the numbers lottery Lotto ‘6 aus 45’ and its own 25th anniversary at the same time. On 10 October, it re-secured the Austrian lottery license for a further 15 years following an international tender procedure. And the financial results in this anniversary year also gave cause for celebration, with Austrian Lotteries raising its already high 2010 sales revenues by 9.73 per cent to 2.9 billion euro. This disproportionately high growth can be attributed to product policy measures already introduced by the end of 2010 for Lotto ‘6 aus 45’ as well as the introduction of the new Tuesday EuroMillions game from 10 May 2011. There were also significantly more jackpots paid out in 2011, including a quintuple rollover Lotto jackpot and a €185 million EuroMillions ‘Europot’. These developments in turn had a positive impact on sales of the Joker product, which also contributed significantly to the increase in total sales. Sales of the Rubbellos scratch-off tickets grew by 5.82 per cent following modifications to the product. This was a key factor in the good showing of the instant and passive range as a whole, compensating largely for the reduced sales in other instant and passive lottery products. Total electronic lotteries (including Poker rake) sales were up 3.12 per cent year-on-year. This positive development can be primarily attributed to a number of successful product launches. Business also continues to progress well at the individual WINWIN outlets. Total prize money of 2.12 billion euro was paid out to lottery customers. 278 customers each won 100,000 euro or more in Austrian Lotteries games. Indeed, 50 of them even became millionaires, breaking the previous record set in 2002. The highest payout of the year went to a EuroMillions ticket holder from Upper Austria, who hit the ‘Europot’ along with two Belgians at the end of September and received some 16.2 million euro for his ‘5 plus 2’ correct numbers. 38 The company 459.21 million euro in tax payments in 2011 Austrian Lotteries made total tax payments amounting to 459.21 million euro in the reporting year; this includes gaming-related, income and other taxes and duties. Since it was founded in 1986, the company has paid more than 8.49 billion euro in taxes to the Republic of Austria. 80 million euro for sport Austrian Lotteries is arguably the most important sponsor of Austrian sport. Sports sponsorship is a socio- political mandate that Austrian Lotteries has enjoyed and embraced since 1986. Over the past 25 years, the company has paid a total of 989.2 million euro into the Besondere Bundes-Sportförderung [special federal sports fund]. Austrian sport received 80 million euro from Austrian Lotteries in 2011, making the company’s contribution the most important source of sport financing in the country. Total Sales in 2011 by Game Lotto ‘6 aus 45’ Toto and Torwette* Bingo EuroMillions ToiToiToi Zahlenlotto 1–90 Joker Rubbellos Brieflos Klassenlotterie win2day and Keno win2day Poker WINWIN Total in euro Percentage of total 654,936,250.55 11,248,301.40 11,521,055.50 299,308,288.70 16,526,410.85 3,800,013.55 191,362,576.20 125,562,411.70 26,236,580.35 31,771,160.00 1,125,153,388.22 5,774,604.94 396,396,559.90 2,899,597,601.86 22.59% 0.39% 0.40% 10.32% 0.57% 0.13% 6.60% 4.33% 0.90% 1.10% 38.80% 0.20% 13.67% 100.00% Lotto ‘6 aus 45’ Lotto ‘6 aus 45’ sales amounted to 654.94 million euro last year, an increase of 12.53 per cent compared to the previous year. The attractive improvements to the Lotto ‘6 aus 45’ product in 2010 were received very positively by lottery customers. The guaranteed payout of 1 million euro in the ‘six number prize tier, the increase in the odds of winning by a factor of three, and the increase in the number of prize tiers from five to eight led to a positive development in Lotto sales. Furthermore, the four fewer single rollover jackpots were compensated for by two triple, four quadruple and one quintuple rollover jackpots more than in the previous year. * Including Extra Toto and Extra Torwette Austrian Lotteries in Figures in millions euro Sales Total tax payments Gaming-related taxes and duties Sports funding Income from ordinary activities (POA) Annual income Retained earnings 2,899.60 459.21 447.77 80 56.21 44.88 50.04 number Employees (annual average full-time equivalent) Distribution network Lotto/Toto retail outlets Rubbellos and Brieflos points of sale Toto and Torwette The Toto football pool (incl. ‘Extra Toto’) and ‘Torwette’ goal bet (incl. ‘Extra Torwette’) products generated sales of 11.25 million euro in 2011. The decline in Toto s ales can be attributed to the decline in ‘Extra Toto’ sales, since product measures introduced for the FIFA World Cup in 2010 could not be repeated in 2011. There was also one fewer six times rollover and one fewer seven times rollover jackpot compared to the previous year. 491 3,817 6,045 annual report 2011 39 40 Bingo Bingo continued to remain popular among its fans in 2011 and posted sales of 11.52 million euro, thus maintaining the level of the preceding year. EuroMillions The odds of winning the EuroMillions lottery have been greater on not one, but two counts since 10 May 2011 following the launch of the new Tuesday EuroMillions game and the introduction of an additional prize tier and new ‘match 5 main and 2 Lucky Stars’ formula. The 65.86 per cent increase in sales can be attributed primarily to these successful changes, and the new Tuesday game is already established with customers. The above average development in the level of the ‘Europot’ also contributed greatly to this rise. Sales of the EuroMillions product in Austria amounted to 299.31 million euro in 2011. ToiToiToi The very positive showing by the Lotto ‘6 aus 45’ and EuroMillions products resulted in a 9.09 per cent decrease in sales for the daily numbers lottery ToiToiToi which is run each week Monday to Saturday. ToiToiToi sales for 2011 amounted to 16.53 million euro. Zahlenlotto 1–90 With three draws each week (on Tuesdays, Thursdays and Saturdays), the Zahlenlotto 1-90 numbers lotto posted sales of 3.80 million euro in the reporting year. The company Joker Joker product sales reflected the positive development in sales for the core Lotto ‘6 aus 45’ and EuroMillions products. Joker sales rose to 191.36 million euro in 2011, an increase of 10.18 per cent compared to the previous year. Rubbellos In 2011, the Rubbellos scratch-off tickets ‘Ein Leben Lang’ [Win for Life], ‘Schatztruhe’ [Treasure Chest], ‘Cash’ and ‘Super Cash’ were updated and now feature more chances to win one of the main prizes. These are some of the longest-running and most popular scratch-off products sold by Austrian Lotteries. The product changes resulted in scratch-off ticket sales of 125.56 million euro in 2011, an increase of 5.82 per cent year-on-year. Brieflos In 2011, the Brieflos break-open ticket products generated sales of 26.24 million euro, thus remaining almost at the same level as the previous year. Klassenlotterie The Austrian Klassenlotterie class lottery generated sales of 31.77 million euro in 2011. Lotto and Joker in Baschkortostan Austrian Lotteries continued its endeavor in the Republic of Bashkortostan in 2011. Numerous additional draws served to further raise the popularity of and demand for country’s Lotto and Joker products. The sales network at Ural Loto, a wholly owned subsidiary of Russisch Österreichische Lotterien Holding Gesellschaft m.b.H., was also continuously expanded and optimized throughout the year. Lotto and Joker tickets can now be purchased at some 1,600 sales outlets across Bashkortostan. The excellent positioning and acceptance of these lottery products in the Bashkir market is also reflected in the positive results for Ural Loto in 2011. win2day and WINWIN Operated as joint ventures with Casinos Austria, the win2day online gaming platform posted an increase in sales (electronic lotteries plus Poker rake) of 3.12 per cent in 2011, while WINWIN generated sales of 396.4 million euro at its 12 video lottery terminals outlets, thus also contributing to the positive results for the reporting year at Austrian Lotteries. Both companies are subsidiaries of Entertainment Glücks- und Unterhaltungsspiel Gesellschaft m.b.H. in which Austrian Lotteries and Casinos Austria each hold a 50 per cent stake. annual report 2011 41 win2day From internet to smartphone – win2day provides online gaming fun and entertainment for all target groups. Its portfolio of products extends from classic casino games, dedi cated Poker, games and bingo rooms through to a choice of traditional lottery games. Casinos Austria and Austrian Lotteries operate the win2day gaming platform via a joint subsidiary company. win2day not only provides the gaming technology behind this popular online and mobile gaming platform, it also serves as the umbrella brand for the gaming products and information on the site. Users access all games and information on the win2day site under a common brand identity, regardless of data transfer medium or communication device. In 2011, the range of casino games on offer on the win2day site was expanded to include ‘Joker Five’ (video poker), ‘Sunny Money’ (slot game), ‘The Legend of Olympus’ (slot game), ‘Ocean Gold’ (slot game), ‘FarmWin’ (slot game), ‘Multiplayer Grand Blackjack’ (table game) and ‘Crazy Poker’ (video poker). The mini-games ‘Magic Money’, ‘Wild Fruits’ and ‘Joker Five’ were added to the Bingo Room. Blackjack was also added to the ‘MiniCasino’ section of the casino games. A browserbased version of the ‘Robbie Rich’ slot game was developed for the iPhone and Android platform. ‘Robbie Rich’ is now available not only for download, but can also be played directly via mobil.win2day.at. A direct link between the online Poker Room and offline events organized by Casinos Austria was also successfully implemented in 2011. For example, satellite qualification tournaments for the Casinos Austria Poker Tour (CAPT) were accessible to players in the win2day Poker Room. The CAPT 2011 began at Casino Seefeld and took the form of seven one-week tournaments each played in a different casino. From the win2day perspective, the highlight of the season actually came at the first event, when Andreas Griesser became the first win2day qualifier to win an offline CAPT event. In addition to the first prize of 89,110 euro, he also took home the special win2day bonus prize of 10,000 euro. win2day Entwicklungs- und Betriebsgesellschaft m.b.H. was founded in 2004 and is a subsidiary of Entertainment Glücks- und Unterhaltungsspiel Gesellschaft m.b.H., in which Austrian Lotteries and Casinos Austria each hold a 50 per cent stake. Its object of business is the development and operation of electronic lotteries, which are offered via the win2day platform. 42 The company In 2011, win2day Entwicklungs- und Betriebsgesellschaft m.b.H. generated sales of 1.13 billion euro (2010: 1.07 billion euro) as well as a Poker rake of 5.77 million euro (2010: 6.34 million euro). At the end of December 2011, win2day had approximately 585,500 registered users – a new record. 2011 also saw the site’s highest ‘€€€’ slot jackpot payout, when a user won over 160,000 euro in early June. From ‘Ace Poker’ to ‘Zero Game’, from American R oulette to ‘Zahlenlotto’ – win2day offers online gaming entertainment from A to Z and cleverly combines its casino games, Games Room, Poker Room, Bingo Room and virtual Lotto/Toto sales outlet in a single gaming platform. From internet to smartphones, win2day provides great online gaming for every taste and connection. 1 The Bingo Room on win2day 2 Lotto ‚Quicktipp‘ Shaker 1 2 annual report 2011 43 WINWIN – Video Lottery Terminals The WINWIN VLT outlets offer a great combination of gaming, entertainment and dining and thus appeal to leisure-minded, active people who enjoy going out and having fun. What began back in 2004 with three VLT outlets has now developed into an ideal addition to a region’s leisure and tourist attractions. VLT stands for video lottery terminal, a gaming machine which at first glance looks similar to a classic slot machine. But that’s where the similarity ends – VLTs differ significantly from conventional slot machines in their technology and gaming mechanics. The WINWIN VLT outlets in Austria are run by Glücksund Unterhaltungsspiel Betriebsgesellschaft m.b.H., a subsidiary company of Entertainment Glücks- und Unterhaltungsspiel Gesellschaft m.b.H., in which Casinos Austria and Austrian Lotteries each hold a 50 per cent stake. As an Austrian Lotteries distribution partner, the company offers electronic lotteries in the form of VLTs in the name and on behalf of Austrian Lotteries under the WINWIN brand. Video lottery terminals are classed as electronic lotteries, which are defined in Section 12a of the Austrian Gaming Act as “draws in which the player participates directly using electronic media”. The win/lose decision on a video lottery terminal is determined by a central computer. All WINWIN VLTs are connected to the Austrian Lotteries data center. A complex network equipped with state-of-the-art security systems and standards guarantees secure gaming entertainment of the highest order. A central random generator decides – based on fixed odds and payout rates approved by the Federal Ministry of Finance – on wins and losses for all VLTs. In the case of conventional slot machines, this decision is made independently within the actual machine itself. In 2011, WINWIN operated 12 outlets across Austria, each featuring between 49 and 150 VLTs with up to 60 different games. True to the motto ‘WINWIN – it’s all in!’, these outlets are all similar in size (450-650 square meters), have an appealing, trendy design and combine great gaming fun with bistro-style dining. Admission is free, and guests can enjoy a fun evening in a relaxed setting without having to spend a fortune: the dress code is casual (no suit or tie is required), and the food and drinks served are at moderate prices. With stakes starting at only one cent and maximum 44 The company innings of 25,000 euro, a WINWIN outlet is a great w legal alternative to slot parlors, border casinos and illegal gaming facilities. WINWIN outlets are open 364 days a year (closed 24 December) from the afternoon until after midnight. Access is restricted to adults aged 18 or over. In 2011, WINWIN generated sales of 396.40 million euro, falling just short of the high sales figures posted in the previous year by 0.87 per cent due to the fact that only 11 of its 12 outlets were operational during the first quarter of the year. The 12 WINWIN Locations in Austria in 2011 Lower Austria Wienergasse 3, 2460 Bruck/Leitha Racinoplatz 1 (in the Magna Racino), 2483 Ebreichsdorf Dinstlstraße 3, 3500 Krems Upper Austria Unterer Stadtplatz 3, 4780 Schärding Grünmarkt 17, 4400 Steyr Stadtplatz 21, 4840 Vöcklabruck Kaiser-Josef-Platz 8, 4600 Wels Salzburg Seegasse 5 (in the pedestrian zone), 5700 Zell am See Tyrol Feldgasse 12, 6330 Kufstein Malserstraße 25, 6500 Landeck Bozenerplatz (opposite the railway station), 9900 Lienz Am Marienbrunnen 346, 6290 Mayrhofen 1 1 WINWIN gaming 2 WINWIN bistro 2 annual report 2011 45 tipp3 Well-coordinated communication measures and a broad portfolio of attractive betting offers allowed tipp3 to win and retain new target groups and further raise its profile. The good results posted by Österreichische Sportwetten Gesellschaft m.b.H. (tipp3), which operates in the highly competitive betting sector, owe much to the extensive publicity that comes with its sponsorship of the Austrian football league (‘tipp3-Bundesliga powered by T-Mobile’). tipp3 celebrated its 10th anniversary in 2011, and the company used the occasion to launch its new corporate website, www.oeswe.at, which provides a comprehensive overview of its business activities along with a number of up-to-date features like video clips and a corporate blog. A further highlight of the year was the new tipp3 advertising campaign under the motto ‘Wer tippt, sieht Spiele anders’ [‘You see sports differently when you bet’]. of betting in organized sport is a complex, multifaceted and, above all, highly topical issue. This conference provided all present with an ideal forum to discuss potential solutions and means of prevention. 2011 was dominated by preparations for a comprehensive product relaunch at tipp3, which was implemented in February 2012. The changes center on providing a broader and improved range of products with a new look that appeals to novice, advanced and professional players alike. The online betting section of the www.tipp3.at website was also given a new look and feel and extended to include live betting. tipp3 and Österreichische Sportwetten Gesellschaft m.b.H. Österreichische Sportwetten Gesellschaft m.b.H. was founded in April 2000 and launched its gaming operations under the tipp3 brand on 24 August 2001. The company is a subsidiary of Entertainment Glücksund Unterhaltungsspiel Gesellschaft m.b.H. (56 per cent), Mediaprint Zeitungs- und Zeitschriftenverlag Ges.m.b.H. & Co. KG (26 per cent) and Bundesländerverlage Beteiligungsgesellschaft m.b.H. (18 per cent). Casinos Austria AG and Austrian Lotteries each hold a 50 per cent share in Entertainment Glücks- und Unterhaltungsspiel Gesellschaft m.b.H. The long-standing, successful partnership with the Bundesliga – the Austrian premier football league – promoted with the slogan ‘tipp3-Bundesliga powered by T -Mobile’ since July 2008, will be continued in the coming years. The main sponsorship contract with the Bundesliga has been renewed for a further three years. The launch of the Better Game Solutions (BGS) brand opens up new opportunities for tipp3 in the sports betting sector. The company is now also targeting the business-to-business (B2B) market with an extensive range of sports betting products. BGS is the solution provider for all betting products in the Casinos Austria / Austrian Lotteries Group. In cooperation with the Austrian Federal Sports Organization [Bundes-Sportorganisation], tipp3 organized a conference on the theme of ‘Integrity and Sport – Answers to the Problem of Betting Manipulation’ at the European Parliament in Brussels in May 2011, which was attended by many MEPs, international sport federation representatives and lobbyists. The manipulation 46 The company The intercultural football project ‘FairPlay. Different Colors. One Game.’ capitalizes on the fact that no other sport has such unifying potential as football. tipp3 supports this project via the ‘FairPlay Project Pool’, which was formed in 2009 and has subsequently organized more than 50 football events to oppose racism, discrimination and the exclusion of minorities. This support offers a clear demonstration of the company’s strong commitment to integration and diversity. Based in Austria tipp3 is regarded as the Austrian sports betting company. Based in Austria, tipp3 offers its products exclusively in its home market. tipp3 holds licenses to operate sports betting in all nine provinces of Austria. Bets can only be placed within the country’s borders, and all advertising and promotion activities are carried out only in Austria. Thus, 100 per cent of the value created by the company also remains within Austria. 1 2 4 1 tipp3-Bundesliga powered by T-Mobile 2 tipp3 ambassadors, Adi & Edi 3 3 BGS sales channels 4 tipp3 football annual report 2011 47 GAMING WHETS THE APPETITE A total of four Gault Millau toques are only one of the many ingredients that set the cuisine in our casinos apart. We clearly have the right recipe: dedicated and innovative kitchen crews, who use regional produce to create culinary delights with a local flavor. 48 Annual report 2011 49 50 READY FOR A NIGHT OUT People dress up to go to a casino. This is true not only for our guests, but for our employees as well. Because a glamorous evening needs a fitting setting, good food and impeccable service in equal measure. Annual report 2011 51 52 LET IT REEL Every night – 364 days a year – they take to the floor to do their rounds. Our technical service staff are always on hand to ensure that the sophisticated and complex hardware in our slot machines keeps turning smoothly and delivers pure and unadulterated gaming fun. Annual report 2011 53 54 A SURE THING Chips are hard currency and are therefore stored under lock and key. Some things are certain in our casinos: the chips will be delivered safely to the gaming tables, and our guests will always receive their winnings. Reliable, reputable and responsible gaming is our first priority. Annual report 2011 55 The Fiscal Year 2011 Revenues and Earnings In 2011, the operating result for Casinos Austria’s domestic casino business increased by a factor of almost 10 compared to the previous year. Guest numbers in the Austrian casinos were also maintained at their high level. A large-scale restructuring program had returned the company to profit in 2010 after several years in the red, with an operating result of +1.9 million euro. In 2011, the company succeeded in increasing this very satisfying figure by a factor of almost 10. Revenues of 270 million euro (+4.47 per cent) generated an operating result of +18.9 million euro. Casinos Austria welcomed 2.36 million guests in its 12 Austrian casinos throughout the year. Guests 2011 No. Casino 1 Wien 2 Bregenz 3 Baden 4 Linz 5 Velden 6 Innsbruck 7 Salzburg 8 Graz 9 Seefeld 10 Kitzbühel 11 Kleinwalsertal 12 Bad Gastein Total Residents Foreigner Total % Change compared to 2010 188,131 107,455 255,638 187,739 180,288 138,602 114,273 153,513 38,518 29,254 3,593 8,381 207,647 216,611 28,800 95,039 51,868 81,911 74,377 33,710 87,514 26,889 42,830 9,416 395,778 324,066 284,438 282,778 232,156 220,513 188,650 187,223 126,032 56,143 46,423 17,797 -0.14 3.96 1.31 0.09 0.82 -4.90 3.76 -4.59 1.89 -0.59 -5.62 -14.32 1,405,385 956,612 2,361,997 0.02 Sales 2011 No. Casino 1 Bregenz 2 Wien 3 Innsbruck 4 Velden 5 Linz 6 Baden 7 Salzburg 8 Seefeld 9 Graz 10 Kitzbühel 11 Kleinwalsertal 12 Bad Gastein Total 56 THE FISCAL YEAR 2011 Game offer by 31/12/2011 Sales in euro % Change compared to 2010 Gaming tables 2011 55,277,339 52,680,470 27,440,676 25,869,148 23,856,587 23,114,106 20,028,746 15,332,567 14,469,773 7,807,926 3,358,210 1,110,810 16.32 6.39 -5.47 6.96 6.14 1.45 9.97 -9.25 -12.65 2.94 13.40 5.21 French Roulette 4 74 58 1 4 49 2 15 2 21 2 1 270,346,357 4.47 American Roulette Black Jack Glücksrad Punto Banco Poker Red Dog Tropical Poker Easy Poker Easy Hold’em High-Low Astro Roulette Total Live play-area 233 Slot machines 1,933 Corporate Social Responsibility Casinos Austria interprets sustainability to mean responsibility to society and the environment as well as managing the company towards financial success. Casinos Austria is fully aware of the responsibility that comes with its particular position and the sensitivity of the services it offers – and is willing to act accordingly. At a time when the company is affected by the national and international debate surrounding the organization of the gaming industry, it seems particularly important to set a clear example with regard to corporate social responsibility. As a good citizen, Casinos Austria increasingly seeks to cooperate and enter into open dialogue with its stakeholders. Traditional corporate social responsibility (CSR) issues, such as long-term respect for the environment and employees and the acknowledgement of social responsibility, as well as specific issues related to the gaming business, such as money laundering, player protection and responsible gaming, are all gaining public and media interest. Casinos Austria enjoys a high level of credibility in all these aspects. The UNGC is the world’s largest corporate social responsibility and sustainable development initiative. With more than 6,000 member companies, it is also now the world’s largest CSR network. The company also became a member of Transparency International’s Austrian Chapter in the same year. Since it is important to a company’s CSR culture to involve – or at least inform - as many employees as possible in or about a CSR project, Casinos Austria has more recently placed increasing emphasis on such involvement. A number of its employees now, for example, volunteer to cook regularly at a homeless shelter [‘Gruft’] run by Caritas in Vienna. Accordingly, while CSR at Casinos Austria means far more than just responsible gaming, which is a prerequisite for any gaming company, over-compliance with the corresponding statutory provisions is, of course, also one of its CSR priorities. With mandatory training for all employees in its operations, guests who may be at risk are proactively approached before they can develop a pathological gambling problem. In 2006, Casinos Austria was the first gaming company in Europe to publish a CSR report and in so doing consciously assumed a pioneering role. The sixth edition of this report will be released in the first half of 2012. With this publication, Casinos Austria demonstrates transparency and openness and consciously embraces the public debate. A dedicated CSR department is responsible for the development and implementation of CSR projects throughout the group. In 2008, Casinos Austria became a member of respACT, Austria’s most important promoter of CSR. In 2012, the Casinos Austria Group will host the TRIGOS Gala - the most important CSR event in Austria - in its ‘Studio 44’ event venue for the fourth time. Casinos Austria has been a member of the United Nations Global Compact (UNGC) since 2011 and is thus committed to upholding the 10 principles of the Global Compact. Annual report 2011 57 Responsible Gaming Player protection and a responsible approach to gaming are an integral part of C asinos Austria’s corporate culture and firmly rooted in the company’s history. A visit to a casino should be an exciting experience that combines safe gaming in a fun environment. For Casinos Austria, perfect customer service extends beyond the actual visit to a casino. The level of player protection that sets Casinos Austria apart and ensures its guests enjoy gaming without a bitter aftertaste starts the moment a guest registers in the lobby. Responsible gaming is not just an unambiguous mandate delivered by the national regulatory authorities: player protection and a responsible approach to gaming are an integral part of Casinos Austria’s corporate culture and firmly rooted in the company’s history. Responsible gaming is also fundamental to business in its affiliated companies Austrian Lotteries, Casinos Austria International, win2day, WINWIN and tipp3. Casinos Austria provides regular and thorough training for its employees to ensure they are able to recognize tell-tale gaming behavior. The company is fully aware and acknowledges that gaming can be a problem for some people and may have negative consequences. Its staff training is complemented by appropriate security systems which allow a permanent monitoring of gaming activities and behavior. Needless to say, this monitoring is carried out discretely and in an unobtrusive manner, to avoid people having the impression that they are being continuously watched. However, the transaction is recorded as soon as any money is exchanged. If the frequency of such transactions, the amounts involved, or a combination of the two raise cause for concern, a trained member of staff will initially broach the matter with the guest and work with them to find a solution. This might involve, for example, a ban, a stake limit or a restriction in the number of visits a guest may make in a given period. Since young people are a particularly vulnerable group, they are not only denied access to gaming, they are also prevented from coming into close proximity with gaming through stringent entry controls. Staff participated with great interest in the 2011 Responsible Gaming Training Offensive held in all Austrian casinos. The company’s responsible gaming experts provided comprehensive information about the latest research in the field of gambling addiction, while local counseling centers were invited to give presentations. 58 THE FISCAL YEAR 2011 This provided employees with a direct introduction to the services these facilities offer to problem gamblers, a comprehensive overview of the diagnosis and treatment of gambling addiction, as well as concrete insight into the work of such counseling centers. The training was augmented by a new responsible gaming brochure containing information on counseling facilities and problem gambling, which was released in 2011 in a range of languages including Mandarin, Turkish, Slovenian, Czech and Croatian. The national and international respect enjoyed by Casinos Austria’s responsible gaming experts is reflected not least in the many invitations they receive to talk at high profile events organized by leading institutions in Europe and North America. Close cooperation and a lively exchange of information with Austrian counseling and treatment institutions has been established for many years. Other core responsibilities of the group’s Responsible Gaming, Advertising & Sponsoring division include the ongoing implementation, evaluation and updating of programs, policies and strategies to establish an optimum customer policy with regard to ‘gaming with responsibility’. Casinos Austria has always sought to intensify the public debate on compulsive gambling: like any addiction, compulsive gambling is a social problem and should therefore be given more publicity. Once a year, Casinos Austria and Austrian Lotteries host their Responsible Gaming Academy in Vienna, a key event at which management and staff hear about and discuss the latest findings with external experts in a series of seminars and workshops. The 2011 Academy, which was held from 4-5 May, focused primarily on the topic of player protection in online gaming. Over 200 delegates attended this event at which international experts presented and discussed the findings of recent studies in the field of gaming research. The 9th Responsible Gaming Academy is to be held on 20 and 21 March 2012. 1 3 1 Responsible Gaming Training Offensive 2011 2 Karl Stoss speaking at the 2011 Responsible Gaming Academy 3 Professor Friedrich Wurst was a speaker at the 2011 Responsible Gaming Academy 2 Annual report 2011 59 Responsible gaming sign on display in Austrian Lotteries retail outlets 60 Sponsorship of the European Association for the Study of Gambling 2010 To facilitate exchange between national and international experts on gambling addiction, diagnosis, therapy, treatment and prevention, Casinos Austria AG was a Gold Sponsor of the 8th European Conference on Gambling Studies and Policy Issues in Vienna. The head of Corporate Function Responsible Gaming, Advertising & Sponsoring, Herbert Beck, and head of the Prevention department, Doris Malischnig, gave presentations on player protection and prevention at this event. Responsible gaming at Austrian Lotteries International studies indicate that people should not have their first contact with gambling at too early an age. For this reason, in April 2009 Austrian Lotteries voluntarily introduced a policy restricting the sale of lottery products to persons over the age of 16. A key role with respect to the protection of minors is played by the company’s retail partners, who support this self-imposed restriction. Regular checks are carried out using mystery shoppers to monitor compliance with this responsible gaming measure. Through its cooperation with the Vienna-based company, gabarage upcycling design, Casinos Austria has also made an important contribution to the reintegration of former addicts. gabarage upcycling design’ is a socioeconomic workshop set up by the drug department at the Anton Proksch Institute Clinical Centre. The creative team at gabarage works with designers and artists to develop ecologically sustainable design objects and articles for private individuals and businesses. Responsible gaming at win2day Right from the very outset, Casinos Austria and Austrian Lotteries also placed particular importance on the protection of minors and protection against excessive gaming on the win2day gaming platform. Measures to protect minors and control access to the online games on this platform were in place from the start and have been continually updated and extended ever since. In 2011, an additional player protection feature was added to the site’s self-exclusion options. Players can now no longer simply recommence playing after a self-exclusion period, they have to actively confirm that they wish to do so. In addition, an automatic pop-up window appears during slot machine games to show players how long they have been playing and help them manage their playing time. THE FISCAL YEAR 2011 Austrian Lotteries was also awarded GamCare certification for win2day in May 2011. GamCare is the UK’s national center for information, advice and practical assistance on the social impact of gaming. This certification confirms that GamCare’s player protection guidelines for electronic gaming have been successfully implemented for the games offered on win2day. Responsible gaming at WINWIN The minimum age for participation in WINWIN games is 18 years. In cases of doubt, guests are required to present proof of age in the form of an official photo ID. Before they can begin playing a WINWIN video lottery terminal (VLT), guests must actively acknowledge and accept the general terms and conditions of play. Any applicable supplementary gaming terms and conditions are displayed at the cash desk. Each VLT is equipped with special responsible gaming features designed to help players manage their time and money and set the maximum playing time. The terminals also send automatic on-screen messages to players after 60, 90 and 120 minutes informing them of how long they have been playing and asking if they wish to continue playing. Games end automatically at the end of the maximum playing time (150 minutes). Tickets are redeemed at the cash desk. Responsible gaming at tipp3 tipp3 bets can only be placed – either in retail outlets or over the internet – by persons aged 18 years or over. Staff in all tipp3 retail outlets receive appropriate responsible gaming training. To help players manage their money, the personal account balance is displayed permanently on the screen when a player is logged in to the www.tipp3.at site. Players also have the option to reduce their personal deposit limit. Annual report 2011 61 Security in Focus Security is a fundamental issue in a casino in many different respects. With the help of its central surveillance system, Casinos Austria has the perfect tool at its disposal to tackle crime effectively at all levels. There are several aspects to security at Casinos Austria. Naturally, we place utmost importance on providing guests at our 12 casinos across Austria with a safe and secure gaming and leisure environment. But we also focus on the safety and security of society as a whole, for example, when it comes to protecting people from organized crime and money laundering. And needless to say, we also have a clear obligation to protect our staff and our own buildings and property. Security technology of the highest order To meet these security demands from both a technical and an organizational perspective, Casinos Austria Security Technology (CAST) was formed as a subsidiary of Casinos Austria in 1994. CAST is responsible for the planning and day-to-day management of security in national and international casino projects. Each casino has its own security department and a highly trained team of security experts with international experience. Security services range from first aid through to building evacuation in the event of fire. Emergency procedures and scenarios are regularly drilled and rehearsed. Central surveillance is the key element in the Casinos Austria security system. The WinGuard management solution from Advancis used for this purpose is a flexible video-based security system that can be operated both from local control rooms in the casinos and from a central security control room. The system is extremely flexible; the network components (cameras and recording devices) can, for example, be readjusted during gaming hours if the lighting conditions change. Video is recorded in real time and at full resolution. Redundant data recording also provides for system resilience. Fire alarm systems, burglar and panic alarms, access control systems, etc. are all connected to the control room. However, the technology is also designed to allow the integration of further systems as required. The video technology is continuously adapted at the individual venues to accommodate any changes in the local lay-out. At Casino Kitzbühel, for example, the existing digital recording devices were replaced by higher resolution digital recorders capable of integrating IP cameras. 62 THE FISCAL YEAR 2011 In 2011, a total of 180 internal system inspections were carried out across all 12 Austrian casinos by the Security & Surveillance department. CAST was commissioned to carry out nine internal system inspections. Data security – a guarantee against crime Rigorous checks of the identity of guests and transparency in prize transactions make it far easier for the authorities to rule out criminal activity. All the security measures in place in the Austrian casinos far exceed the typical levels of control found in the gaming industry. These measures include identity checks on entry, the monitoring of all cash transactions and the provision of special training to staff. Data protection issues are accorded highest priority in the planning and development of any software tools. This ensures that data can only be accessed on a need-to-know basis by authorized members of staff. The importance of the employees Casinos Austria staff are trained to international standards. The regular security training provided by CAST is also obligatory for all new employees in the WINWIN outlets. Strict internal controls ensure compliance with statutory and regulatory provisions and guarantee maximum integrity. Casino inventory and equipment is locked and secured outside gaming hours. Attempts to manipulate gaming activities are prevented using motion detectors and alarm systems. Mobile inventory and equipment (e.g. cards and dice) are also stored in a secure location and carefully checked at regular intervals. Evaluation and quality assurance The security organization and measures implemented by Casinos Austria are operated in accordance with the ISO 27001 Information Security Standard, an internationally accepted standard for operational security in all business processes. This ensures that all business processes relevant to information security are subject to a continuous improvement cycle. In 2011, a series of internal information security audits were carried out to identify potential areas for improvement. In the course of these audits, some 120 employees in the group had the opportunity to put forward their suggestions on how to improve information security. 1 2 1 Ball track leveler 2 Surveillance room Annual report 2011 63 Process Management and Developments Process management ensures efficient and effective cooperation across the group. As the competence center for all matters relating to project management, the Project and Process Management division provides support in the management, planning, control, administration and coordination of various programs, projects and initiatives. Its portfolio of ongoing and planned projects serves as a valuable basis for management decisions. Process management facilitates and supports cooperation within the group. Workflows are organized more efficiently and effectively. Increasing the transparency of processes and related responsibilities minimizes friction losses. In 2011, process management was established across the organization: process owners and process managers were defined, and a process map created for Casinos Austria, Austrian Lotteries, win2day, WINWIN and tipp3. The central process management team assisted in the training, coaching and certification of ‘new’ process managers. All processes are documented using the process4.biz process management tool and made available to all employees via the intranet. ERP system SAP Business Warehouse reporting functions were added to the SAP enterprise resource planning system in 2011, and the ‘Purchase to Pay’ (P2P) process was unified in the SAP environment across the group. The primary objective here is to create transparency in contracted products and services across the group through systematic mapping. Maximum automation – from request for quotation through to final invoice – creates a reproducible, audit compliant procurement process and a systematic reduction in process costs. A number of enhanced system functions were also implemented in the P2P integration process. These included electronic purchase requisition via SRM (Supplier Relationship Management), shopping cart and electronic approval workflow, invoicing workflow for all company divisions, a merchandise category structure and catalogue management system for ordering office supplies. Appropriate training was provided to equip SAP users with the corresponding knowledge and skills and thus establish an optimal level of support in the internal procurement process. At the turn of the year 2011/2012, the group switched to an SAP based time registration system. Technical systems and application development In 2011, the upgrade of all users to Windows 7 and Office 2010 was successfully completed. Server standardization and virtualization strategies were rigorously continued. Central storage systems were replaced by new, higher performance systems in 2011. 64 THE FISCAL YEAR 2011 Diversity and Sustainability Sponsorship in all its facets is an expression of corporate social responsibility in the Casinos Austria Group. Numerous long-standing partnerships are a testament to the success of this approach. Casinos Austria’s corporate history is inextricably linked with the establishment and maintenance of sponsoring partnerships. Our philosophy here has always been one of continuity. That’s why Casinos Austria always strives to establish long-term, sustainable partnerships. And since mutual benefit is naturally also crucial to longevity, we always work in close cooperation with our partners to formulate and realize the sponsorship goals. Two long-standing partnerships – both of which will celebrate key anniversaries in 2012 – offer excellent examples of just how deeply and effectively sponsorship is anchored in the Casinos Austria corporate culture. The Casino Grand Prix, Austria’s largest show jumping tournament, celebrates its 25th anniversary in 2012. And Casinos Austria will be the main sponsor of the Wiener Festwochen [Vienna Festival], a cultural event of international standing, for the 45th year in succession in the same year. This principle of sustainability is also evident in many of our more recent sponsorship projects. 45 years of Wiener Festwochen In sponsorship terms, acceptance of social responsibility means also providing support to organizations and projects which are of more general interest and not necessarily linked to the sponsor’s own area of business. This is particular important when it comes to sponsorship of the Arts. When times are tough, cultural and Arts institutions are often among the first to face cutbacks in funding. All the better then that the Wiener Festwochen festival has been able to count on the support of a reliable partner since 1968 – the year Casinos Austria was founded. Festival director Luc Bondy greatly values the fairness and loyalty on which this partnership is based. The festival enlivens Austria’s capital city for five weeks each year. Throughout this period, festival events are not only numerous, they are also extremely diverse – from theater, opera and concert to dance. This coincides with one of Casinos Austria’s key objectives with its support for the Wiener Festwochen: to provide a variety of good entertainment to as wide an audience as possible. Diversity is also a defining element in the company’s philosophy when it comes to choosing which Arts and cultural projects to sponsor. In 2010, for example, Casinos Austria launched its new ‘Alpha Prize for Literature’ in cooperation with Vienna municipal libraries. In 2012, the prize will provide financial support and help to create a broader audience for a third talented writer. Official confirmation of the success of the Alpha prize can be seen not only in the number of entries for the award – in 2011, the company was itself awarded the Maecenas prize from the Austrian Business Committee for the Arts in recognition of its continued support for Austrian literature. Whether big stage or subtle tones, world-famous tradition or exciting new territory, the Casinos Austria Group sponsors a huge variety of cultural projects and institutions, including – to name but a few – the Burgtheater in Vienna, the Bregenz Festival, the Vienna Jazz Festival and the ‘Resonanzen’ [Resonances] Festival in the Vienna Konzerthaus. 25 years of the Casino Grand Prix Our partnerships in other segments are no less enduring. The Casino Grand Prix was launched in 1987 with the backing of Casinos Austria. As the country’s most lucrative show jumping tournament series, the event marked the start of a new era for equestrian sport in Austria. Its purpose was – and still is – to promote young talent and introduce them to the international show jumping arena. The tournament celebrates its 25th anniversary in 2012. Since that very first event back in 1987, which was won incidentally by Austrian show jumping legend Thomas Frühmann, over 4,000 riders have competed in over 120 Grand Prix tournaments. Social responsibility Providing support to humanitarian initiatives plays a central role in our sponsorship activities. Our ‘Casino on Tour’ institution is as long-standing as it is commendable. In 2011, donations raised at these mobile casinos totaled over 100,000 euro, all of which will go to charitable causes. The ‘Casino on Tour’ takes over 400 promotional games to glamorous gala events like the Opera Ball or Volkshilfe Gala run by the Austrian public aid organization. Annual report 2011 65 Wiener Festwochen Director Luc Bondy and Casinos Austria Director Dietmar Hoscher The ‘Night Race Poker Charity Tournament’, which was held for the first time in 2011, is an equally successful combination of gaming entertainment and social responsibility. Prior to the night slalom race in Schladming, international alpine ski stars offered their services to a good cause and played Poker for the evening in aid of the charity ‘Stiftung Kindertraum’ [literally: Childhood Dream Foundation]. The event raised 12,500 euro for the foundation, established to help fulfill the dreams of seriously ill children or children with special needs. The tournament proved such a great success that it was also held again in 2012 in aid of the Kindertraum foundation. The fact that there is a meaningful as well as a financial side to humanitarian sponsoring is clearly illustrated in another project recently established by the Casinos Austria Group. The ‘tipp3 Fußball WM’ [tipp3 Football World Cup] was launched in 2009 in partnership with the integration association ‘Sport spricht alle Sprachen’ [‘Sport Speaks all Languages’]. In 2011, tournaments were held in four cities – Vienna, Salzburg, Linz and Innsbruck – with the winning team at each event crowned ‘Integration Football World Champion’. Casinos Austria will be the main sponsor of this event for the first time in 2012, which will now be played under the name ‘Casinos Austria Integrationsfußball-WM’ [Casinos Austria Integration Football World Cup]. Given the relevance of integration in society, this project has a special meaning for the Casinos Austria Group, since football is rightly seen as a very useful and applicable means of overcoming language and culture differences. Everyone’s a winner For integration to succeed, people must be willing to learn and reach out to one another. Two factors which characterize a new partnership for Casinos Austria established in 2011. The ‘DanceAbility’ workshops are held in conjunction with the ‘ImPulsTanz’ dance festival and are based on a unique concept: under the motto ‘If you can breathe, you can dance’, DanceAbility uses improvised dance to allow people with and without disabilities to share a ‘moving’ experience. Casinos Austria was the exclusive sponsor of the workshops, which were held in Vienna’s historic Arsenal building through to August 2011 and offered a moving demonstration of how art and play can break down barriers and build bridges between people. 66 THE FISCAL YEAR 2011 Selected Casinos Austria Group sponsorship projectse • Aktion ‘Leben mit Krebs’ [Living with Cancer Initiative] • Albertina • Alpha Prize for Literature • Austrian Mountain Rescue Service • Austrian National Library • Austrian Red Cross • Bregenz Festival • Burgtheater in Vienna • Cancer Research Initiative • Caritas Vienna – House Immanuel for Mothers and Children in Need • Danube Island Festival • European Forum Alpbach • HOSI Vienna • Hospiz Österreich [Hospice Austria] – Counseling and Competence Center for Hospice and Palliative Care • ImPulsTanz Dance Festival – DanceAbility Workshops • Journalistinnenkongress and MedienLÖWIN [Congress and Media Prize for Women in Journalism] • Kunsthistorisches Museum [Museum of Art History in Vienna] • Lebenshilfe [counseling and aid organization] Lower Austria • Licht ins Dunkel [Light into Darkness charity] • Schönbrunn Zoo in Vienna • Special Olympics Austria • Tag des Sports [Austrian Day of Sport] • Technisches Museum [Vienna Museum of Technology] • tipp3-Bundesliga • Verein ‘Wirtschaft für Integration’ [Business for Integration Association] – Integration Award • Volkshilfe [public aid organization] • Volkstheater in Vienna • Vienna Jazz Festival • Vienna State Opera • Wiener Festwochen • Wiener Stadthalle [event center in Vienna] • WWF Österreich Employees Skilled and motivated employees are the key to a company’s success. Casinos Austria selects its employees on the basis of their qualifications, their will to perform and their strong commitment to the demands of our service industry. Since some of our casinos open well before noon and don’t close again until the early hours, our employees have to be f lexible, mobile and dedicated to their work both during the day and at night. Customer service excellence virtually around the clock – that is the guarantee of success our employees bring to the company. Another key requirement is the ability to work in a team. With a total of 1,580 employees*, Casinos Austria is an important employer in Austria and offers good career opportunities, job security and excellent fringe benefits. In 2011, the group employed 5,416 employees worldwide (annual average). Good staff education and training is essential to meet the ever-increasing demands in the modern business world. In 2010, Casinos Austria laid the groundwork for its so-called 2011 Training Initiative, the various elements of which were then implemented throughout the reporting year. The aim of this initiative was to define and systematically equip employees with the skills and competences needed for the future. At the same time, the many training measures already organized at a local level were standardized and raised to a consistently high level of quality across the organization. A key aspect of the training initiative was the highly successful ‘train the trainer’ program for the internal trainers who provide the regular, ongoing staff training in all legally relevant areas like information security, data protection and the prevention of money laundering. The trainers were provided with intensive coaching both in teaching methods and in the subjects they train. In summer 2011, corresponding training courses were held in every casino by the internal trainers. in this program, which is being continued in 2012. To support these measures, a training platform has been created in the corporate intranet to assist self-study and provide staff with appropriate tests to monitor their own progress. The new program to maintain and improve health and extend the range of healthy food available in the workplace was continued in 2011. To ensure it has a lasting, all-round effect, this program is based on the three pillars of health: diet, exercise and mental health. To accommodate the atypical working hours in a casino, staff have to be provided with appropriate facilities and support. For example, the staff canteens in our casinos also serve warm meals even after midnight. Our employees like working at Casinos Austria. The average length of service currently stands at around 10 years; and we even have a number of employees who have worked for the company for 30 years and more. Each and every one of them of course has a wealth of experience and knowledge, and this is unquestionably a winning factor in our corporate success. Our accomplishments in the game development sector, for instance, are a prime example. Employees* Casinos (Austria)** 1,580 Casinos (International) 3,108 Lotteries***539 Online/VLT/Betting****189 * Full-time equivalent (annual average) ** Incl. CAGAST, CAST, CCB and CALL *** Incl. Ural Loto ****Incl. RABCAT External and internal training was also offered in various other areas, with an initial focus on management training for level one and level two managers, 360 degree feedback for managers and the implementation of the staff development program for junior employees. Since fall 2011, 100 junior members of staff from all areas and departments in our casinos have participated Annual report 2011 67 An Appetite for Luck In addition to the gaming, thrill and atmosphere, there’s one thing that makes a night at the casino complete: surf, turf and a good glass of – preferably Austrian – wine. A tour of the 12 casinos in Austria is enough to bring a smile to any gourmet’s lips. Most of our casino restaurants and dining facilities are run by our own catering subsidiary, Casinos Austria Gastronomie Betriebs Ges.m.b.H. (CAGAST). CAGAST works under the premise of practicing sustainable development and social responsibility in catering services. This is also reflected in many of its key partnerships, for example with the BÖG (Beste Österreichische Gastlichkeit [best Austrian hospitality]) association, which campaigns for distinctive, typical regional cuisine and the use of natural foodstuffs and high-quality produce. Others are operated by leaseholders, like the gourmet catering company DO & CO, rounding off our casino dining portfolio perfectly. All our casinos score points tastefully with gourmets: from Baden to Bregenz, each has its own particular charm and offers delectable gourmet delights in varied settings. Whether in a Casineum, an award-winning restaurant or a wine cellar, everyone will find something to savor in our casinos. The atmosphere in the Cabaña Lounge brings a touch of Latin flair to Casino Bregenz since summer 2011. On warm summer evenings, up to four people can relax in their cabaña and enjoy a superb al fresco meal on the patio of the casino’s Falstaff Restaurant. Another innovation at Casino Bregenz is the new iPadbased restaurant menu. It supplements the conventional printed menu and adds even more choices: whether you want to search the internet, watch a video about the source of the salmon on your plate or find out about your beef stroganoff’s ingredients – it’s now all only a few touches away. Culinary packages For those seeking a special evening out, Casinos Austria offers a number of different packages which combine superb gaming with culinary delights in a relaxed atmosphere. Our gaming and dining packages have been specifically tailored to ensure that our guests enjoy a unique and memorable evening – in all the senses. The ‘classics’ – Dinner & Casino and Dinner & Casino Night Our range of culinary packages would not be complete without the ever-popular Dinner & Casino vouchers. This is the perfect choice for guests who wish to be pampered – gourmet food and great gaming in a single package. Its popularity and longevity have made Dinner & Casino one of our classics. The package costs 57 euro and includes a four-course dinner, welcome chips to the value of 25 euro and a glass of sparkling wine at the casino bar. Vouchers can be redeemed in either the casino restaurant or a nearby partner hotel. The Dinner & Casino Night package rounds off the evening with an overnight stay in one of our many partner hotels. (l. to r.): Oliver Kitz (Food & Beverage), Bernd Wollmann (New Media) and Josef Semler (Director, Casino Bregenz) with the new iPad menus. 68 THE FISCAL YEAR 2011 Our Dinner & Roulette package adds an element of chance to the event: the number the roulette ball lands on determines the cost of your meal. If you’re looking for something lighter, our Surf & Turf – a steak and shrimp meal – or Bistro & Casino packages also offer great value for money and both include welcome chips worth 25 euro. Bar & Casino combines your cocktail of choice with bar snacks and welcome chips. Last but not Dinner & Casino Dinner & Casino Night For only EUR 57, why not enjoy: • an exclusive four-course Dinner & Casino meal • lucky chips to the value of 25 euro • a glass of Goldeck Veltliner sparkling wine • four Paroli chips for the chance to win 7,777 euro. If you want to spoil someone special with an exciting night out at the casino, an excellent meal and an exquisite overnight stay, our Dinner & Casino Night package is the perfect gift. For EUR 129, why not enjoy: Not redeemable on 24 and 31 December. • an exclusive four-course Dinner & Casino meal, • lucky chips to the value of 25 euro • a glass of Goldeck Veltliner sparkling wine at the casino bar • one night’s hotel accommodation per person with buffet breakfast in a hotel in the www.casinourlaub.at selection (on a double room basis). least, with the ‘Nach 3 Rouge & Noir’ [Rouge & Noir after 3] package, guests can choose between smoked salmon and sparkling wine – the red option – or coffee and cakes – the black option – from 3 pm onwards. New distribution channels A particular advantage of all these packages is the fact that they are available through multiple distribution channels. In 2011, of the almost 200,000 culinary packages purchased through various channels, about 10 per cent were sold via tobacconists in Austria. Packages can also be purchased from branches of the WEIN & CO wine merchants or from Spar super markets. At the end of 2011, just in time for last minute Christmas shopping, a new distribution channel was launched: print@home. Customers who purchase a casino package using this online service can personalize and print their vouchers at home in just a few minutes. This option provides the ideal last minute gift and fits the growing last minute online shopping trend. A great night out with a top class meal at a casino is now even simpler and faster to arrange than before. Time honored traditions: Goldene Traube and Goldene Roulette Kugel Casinos Austria sees supporting domestic tourism as one of its core tasks and has launched numerous inspirational initiatives at local, national and international over the years. Our Goldene Traube [golden grape] award recognizes and promotes the quality of wines from the Burgenland region to a wider audience beyond its borders. The award is presented each year to the best wine from Burgenland: in 2011, the award went to Seedling 88, a 2008 Trockenbeerenauslese dessert wine produced by Franz and Maria Heiss from Illmitz. The Goldene Roulette Kugel [golden roulette ball] has celebrated Austrian hospitality and cuisine since 1982. The award is presented each year based on a proposal by the leading restaurant guide, Gault Millau and in 2011 was presented to Heinz and Margarete Reitbauer for their renowned Wirtshaus am Pogusch restaurant. Tasteful events The SALON Austria Wine is the ideal opportunity for winemakers and connoisseurs to meet and network. Annual report 2011 69 In 2011, the Salon was hosted in cooperation with the Austrian Wine Marketing Board at six Austrian casinos and attracted more than 4,000 visitors for an after noon of wine tasting. Now an institution, the event always brings together an exciting mix of established vintners and emerging talent. To ensure that the classic wine-producing countries are not forgotten either, Casinos Austria organizes an international wine salon in partnership with the Österreichischer Sommelierverband [Austrian Association of Sommeliers] using the tried and tested salon concept. In 2011, wine-lovers and connoisseurs tasted international wines in five casinos across Austria. Austria’s beer brewing tradition is given its own platform at the Beer Salon. Austrian journalist and beer pundit Conrad Seidl presented the latest edition of his Beer Guide, which illustrates the diversity and quality of Austrian beer. The Beer Salon tour of Austrian casinos allowed beer lovers from all over Austria to appreciate the art of traditional brewing. Organized in partnership with Medianet publishing house and the Genussregionen Österreich [Austrian regions producing delicacies] initiative, Casinos Austria gourmet festivals allow some 30 regional producers of gourmet food to present their produce. In 2011, about 70 THE FISCAL YEAR 2011 1,200 visitors at two events tasted the wide range of delicacies on offer. Each year, the latest edition of the Genuss Guide [gourmet guide] to Austria’s best gourmet food outlets is published in conjunction with one of these events. The emphasis on regional, high-quality produce is also reflected in our partnership with the Slow Food association in Vienna, which led to the establishment of the ‘Slow Food Producer Award’ in 2009. One of the association’s objectives is to preserve organic diversity and local culinary traditions. In an age of fast food and progressive ion. In an age of fast food and growing industrialization in food production, quality consciousness and craftsmanship are no longer a foregone conclusion. That’s why the 2011 ‘Slow Food Vienna Prize for Artisan Food Production’ was dedicated to the handmade bread roll. At the final tasting, the Kolm bakery in Mödling – a town to the south of Vienna – prevailed over 16 other finalists to take home the prize for their particularly crisp example of this Austrian staple. Casinos Austria believes that recognizing manufacturers who combine outstanding quality and variety with respect for traditional craftsmanship contributes to a more conscious lifestyle. The Casino Gaming Experience Everyone has heard of Roulette, Blackjack and Poker, but what about Astro Roulette? This new game has been on offer at Casino Linz since March 2011 and is an absolute must for Leo, Cancer, Gemini and Co. Gerda Rogers at the Astro Roulette table New trends in live gaming It takes perfect preparation to launch a product successfully on the modern market. Good market research and the incorporation of customer demands and experience gained in previous product launches all play an important role. Casinos Austria applied its many years of experience in the launch of a new table game in March 2011. Astro Roulette was developed by Linz-based croupier Christian Haunold and implemented by Casinos Austria. In this variation of Roulette, the numbers on the wheel are replaced by letters and star signs to create a mystical, exciting and unique game with an astrology theme. Astro Roulette was presented to the public for the first time at the ICE Totally Gaming 2011 show in London and premiered on the gaming floor at Casino Linz on 12 March 2011. Star astrologer Gerda Rogers, who spun the first ball on the new Astro Roulette wheel, attended the event as a special guest. The 12 Austrian casinos offer a total of 233 gaming tables with a whole range of other popular and custom table games, including Easy Hold’em, Punto Banco, Easy Poker, Tropical Stud Poker, Red Dog or Wheel of Fortune. The use of mobile gaming tables in these casinos adds greater flexibility to the gaming experience. High slot revenues and payouts Casinos Austria launched its Mega Million Jackpot in September 2009, a progressive slot jackpot that has been a crowd puller right from the start. The Mega M illion Jackpot is Casinos Austria’s highest payout slot jackpot and links machines in all 12 casinos across the country. Every time the jackpot is won, it is immediately replenished with 1 million euro. Three guests hit the Mega Million Jackpot and became millionaires, with the casinos in Graz, Baden and Innsbruck proving to be especially lucky slot venues. The highest slot payout of the year (1,206,124.04 euro) came in Casino Graz. Slot machines are very popular with our guests, a fact that is also reflected in their 76 per cent share of total gaming revenues. The 1,933 slot machines in the 12 Austrian casinos offer a superb choice of 442 different games. There is a particularly large choice of slot machines on offer in our Jackpot casinos, where the dress code is c asual and guests can enjoy fun gaming in a relaxed setting from morning until night. Our popular slot tournaments are also the ideal setting to experience the thrill of a fastpaced slot floor contest. Casinos Austria closely follows emerging trends in the gaming industry to ensure our casinos always feature the latest in gaming technology. To do so, we continually test the new slot machines and devices on offer from international manufacturers. 2011 was no different, Annual report 2011 71 and those machines which successfully met our strict test criteria were subsequently installed on our gaming floors across the country. A range of popular Blackjack tournaments and the annual Baccarat World Championship in Casino Seefeld rounded off an thrilling tournament year in Austria’s casinos. Poker in so many different ways 519 tournaments, 25,973 participants and 7.8 million euro in prize money: the 12 Austrian casinos offer Poker in all its variants. There was also something for every one on the 2011 tournament calendar at Casinos Austria and win2day – from monthly and weekly tournaments to novice Poker games and from small-scale free roll competitions for the ladies to well-known international tournament series like the Casinos Austria Poker Tour (CAPT) or the European Poker Championship in Casino Baden. The CAPT was held for the first time in 2008 and was a huge success yet again in 2011. The addition of Casino Kitzbühel as the latest CAPT venue added even more appeal to this highly popular tournament series. New marketing campaign In October 2011, Casinos Austria launched a new marketing and advertising campaign that portrays the ‘casino experience’ from a new angle. Two European titles were up for grabs at the 2011 European Poker Championship: one in Omaha Pot Limit and one in Texas Hold’em No Limit. The event also again featured a Nations Cup championship for national teams. Finland’s Kimmo Kurko won the Omaha tournament ahead of Austrian Erich Kollmann to take home the first prize of 52,900 euro. Zoltan Szabo from Hungary was the new Texas Hold’em European champion, winning the top prize of 150,425 euro. Victory in the 2011 Nations Cup went to the team from Russia. The Casinos Austria ‘Beat’em All’ Poker tournament series entered its fourth year in 2011 with four final events in four casinos in four cities: Bregenz, Salzburg, Velden and Vienna. To remain a key host of well-known national and international tournaments, a casino operator must continually strive to enhance its Poker facilities. At Casinos Austria, we do exactly that. We also listen very carefully to our customers and continually adapt and revise our gaming mix and tournament portfolio to meet their demands. Our cooperation activities in the Poker segment with the win2day gaming platform were successfully continued throughout 2011. 72 THE FISCAL YEAR 2011 Headlines which address consumers directly like “Are you lucky? Then prove it!” or play on words associated with specific games like “Does your boss demand bigger numbers for higher profits? All we ask for is 21!” or “A couple of ladies in your hand? You should hold on to them!” make the new campaign a real eye-catcher and convey the unique Casinos Austria flair with a twinkle in the eye. The campaign, which was created and realized by the Lowe GGK agency, places the modern, self-confident guest at the centre of the message and adeptly portrays the all-round experience on offer in Austria’s casinos. At the 2012 Totally Gaming Awards, which were held in January 2012 during the ICE show in London, Casinos Austria beat strong international competition to take home the award in the ‘Best Marketing Campaign of the Year’ category. Headed for success with ‘13’ and ‘Ladies’ Day’ Celebrating the luck associated with the number 13 has a long tradition at Casinos Austria, and our special promotions to mark the 13th day of each month are very popular among our guests and offer numerous opportunities to win a prize, such as lucky chips to the value of 1,300 euro or a bottle of Champagne. And if the 13th also happens to be a Friday, superstition gives it a particularly strong appeal: on 13th May 2011, the only Friday the 13th in the year, we welcomed some 14,400 guests to our casinos, the highest daily visitation figure for the whole year. Our popular ‘Ladies Day’ promotion focused on major brands in 2011. Wednesday is Ladies Day at Casinos Austria with great prizes and promotions on offer to our female guests. During the first quarter of 2011, these included ‘Lady Luck’ casino packages s ponsored by casinourlaub.at in the weekly prize draws and a main prize of a trip for two to New York in each casino. Estée Lauder beauty kits worth 300 euro each were raffled every Wednesday in the second quarter, with three sets worth 3,000 euro each forming the main prize. In the third quarter, our ladies had the chance to win Swarovski fashion sets each week and a main prize in each casino of a ‘Gala’ set worth 3,000. Prizes in the fourth quarter included Palmers lingerie vouchers worth 300 euro each week and 3,000 euro for the quarter’s main prize. A total of 154,257 ladies visited the 12 Austrian casinos on Wednesdays in 2011 – a 2.6 per cent increase compared to the previous year. Our special promotion in the months of February and March 2011 was a Blackjack ‘Sit & Go’ tournament named ‘Blackjack to Black Jag’. All participants played for the chance to win the main prize of a Jaguar XF Austria Edition or consolation prizes of a weekend with a Jaguar XF. Throughout May 2011, Casinos Austria broadcast a special Roulette promotion on the national radio station Ö3. In this ‘Unlucky in love – Lucky at the table’, listeners to the morning show could share their heartache and then pick either red or black to try their luck at Roulette live on air for the chance to win 2,000 euro. All in all, a total of 2,005 promotions and events, including 851 tournaments with a total of 24,653 competitors, were organized and held in the 12 Austrian casinos in 2011. Images from the new advertising campaign Chip design competition In April 2011, a chip design contest was published on the Casinos Austria website at www.casinos.at. The contest was open to all visitors to the website, creative individuals or artists, who were asked to design a casino chip and submit their designs via the website. the final, where the winner was selected by jury of experts. The prize – chips to the value of 3,000 euro – was presented to the user ‘Daniele88’ for his impressive ‘Joker’ chip design at an award ceremony on 16 June 2011. Over 400 design proposals were received, and a total of 9,000 visitors to the website viewed the submissions online and voted for their personal favorite. The 10 most popular designs then went through to Annual report 2011 73 Multifaceted Event Provider Space in abundance, a range of different rooms, excellent food, colorful shows and stirring readings. A diverse program – 364 days a year. 1 The range of events on offer across the Casinos Austria Group is truly diverse. This is clearly reflected in the 2,000+ events organized each year in and by the 12 Austrian casinos. This diversity is rounded off perfectly by two dedicated event venues: Congress Casino Baden (CCB) and Studio 44 in Vienna, making the company one of the top event organizers in Austria. From Vienna to Bregenz, the special combination of room design, technical equipment, perfect organization and personal attention makes each and every event a unique experience. Highest quality service and facilities with professional and flexible realization are a matter of course. With so many venues and events to choose from in recent years, customer expectations are continually on the rise – to attract and impress guests and customers, event organizer has to consistently offer the very best events. 74 THE FISCAL YEAR 2011 12 casinos – each with their own event flair Each of our 12 casinos in Austria has its own particular charm and offers a range of rooms for different events. From a versatile Casineum to an award-winning restaurant or an intimate – our casinos offer a suitable venue for every event. Our popular Casineum event rooms each have their own flair and relaxed atmosphere. Retractable walls allow these multipurpose spaces to be expanded and contracted as required and – depending on the casino – opened up to the gaming area, foyer or al fresco patio. Events range from comedy shows, cabaret performances and literary readings to slide presentations and road shows. Live hook-up options via ISDN and fiber optic satellite or connection facilities for outside broadcasting units allow global events for global companies. 2 4 1 ‘Glamour in White‘ in Casino Velden 2 Diner Fantastique: colorful, wacky and weird 3 The European Poker Championship in Congress Casino Baden 4 Pink Ribbon Gala in Casino Innsbruck 3 Annual report 2011 75 Lotto „6 out of 45“ live draw from Studio 44 Congress Casino Baden (CCB) Congress Casino Baden offers a unique combination of state-of-the-art conference and event venue with the sparkle and flair of Casino Baden. Four rooms of varying sizes (from 40 to 450 square meters) on three different floors with a capacity of up to 1,100 people are available for events of all kind. The range of different events hosted here offers clear confirmation of the venue’s flexibility: traditional balls, trendy clubbing events, gala evenings, high-profile conferences and conventions, s ales presentations, concerts and cabaret shows all feature regularly on the CCB booking list. Casino Baden’s Diner Fantastique is a prime example. With its superb stage ensemble and excellent catering by DO & CO, this event has developed into a real crowd-puller and is now one of the most successful dinner shows in Austria. Congress Casino Baden also hosts a number of other major events, including the annual European Poker Championship in the fall. www.ccb.at 76 THE FISCAL YEAR 2011 Studio 44 Studio 44 is a special kind of event venue. Unique rooms, cutting-edge technology and a service package tailored to the needs of the customer merge to form a perfect unit in Studio 44. The ideal location for all manner of different events – from sales presentations, Christmas parties or gala evenings through to live TV broadcasts – Studio 44 was naturally the venue of choice for the party to celebrate the 25th anniversary of Lotto in Austria on 7 September 2011. On this occasion, the Lotto draw was held outside the studios of the Austrian broadcasting company (ORF) for the first time in its 25-year history and was broadcast live from Studio 44. But this is just one example of the many technical options this superb event venue has to offer. And with flexible floor space of between 300 and 900 square meters, Studio 44 can a ccommodate up to 460 people, making it an ideal venue for all manner of different size of events. www.studio44.at Outlook At Casinos Austria, the year 2012 is clearly dominated by the forthcoming award of the country’s 15 casino licenses and new Poker casino license. The company began to prepare for this public call for tender over two years ago and has invested a great deal of expertise and commitment into the proposals that have already been – and are still to be – submitted. Our goal for our business operations in Austria in 2012, i.e. our 12 domestic casinos and subsidiary companies, is to repeat the huge success we achieved in 2011. Needless to say, we will also be focusing on bringing Casinos Austria International Holding back out of the red. Crucial decisions were taken here in 2011, and the first clear signs of a turnaround should be evident in 2012. However, the overriding issue in this regard is of course global economic development. Unfortunately, the problems in Europe are a cause for concern for every body. Given the planned cutbacks in public finance, a reduction in the disposable income of consumers, and thus a dampening of consumer spending, cannot be excluded. Annual report 2011 77 WHO SAYS YOU CAN ONLY PLAY AT OUR TABLES Eating and drinking in style are part of a good night out at the casino. This is ensured by our professional restaurant staff, who serve our guests with flair and endless charm. Equally stylish are our elegant dining rooms, whether contemporary or classic in design. 78 Annual report 2011 79 SET THE STAGE We don’t create a performance about our services – we deliver instead. Equipped to the highest technical standards, our premium function rooms transform over 2,000 events into absolute crowd-pullers every year. Whether gala dinner, cabaret show, wine tasting or conference – our casinos are not only home to great gaming and fine dining, they are also the perfect setting for fabulous events. 80 Annual report 2011 81 GOOD HOUSEKEEPING ON ALL LEVELS They might be rarely seen themselves, but the results of their work are always plain to see. At the gaming tables, in the service and in the organization. Day after day, night after night, our dedicated employees ensure that our guests can enjoy a few hours of perfect leisure. 82 Annual report 2011 83 YOUR ENTERTAINMENT IS OUR CALLING Our employees deliver lasting quality. After all, they have the best teachers – today’s croupiers train the croupiers of tomorrow. Whichever casino you choose to visit, you will always enjoy the same high standard of service. 84 Annual report 2011 85 The Financial Statements 2011 Profit and Loss Statement for the 2011 fiscal year, Casinos Austria AG EUR Comparative Figures for 2010 TEUR* 1.Sales 270,346,357.49 258,822 2.Sales and gaming related taxes -76,760,034.70 -87,392 3.Sales after deduction of sales and gaming related taxes 193,586,322.79 171,430 EUR 4.Other operating income a) Income from the disposal of fixed assets excluding financial assets b)Income from the reversal of provisions c)Others 211,543.74 25 1,673,177.70 310 14,116,964.73 14,822 16,001,686.17 15,157 5.Personnel expenses a)Wages -6,557,851.61 -6,954 b)Salaries -78,985,199.82 -73,651 -1,415,222.53 -2,274 d)Expenses for old-age pension -14,717,815.98 -13,754 e) Social security costs and payroll-related taxes -20,406,181.99 -20,622 -1,423,192.84 -1,359 c) Expenses for severance payments and contributions to employee benefit funds f) Other expenses for employee benefits 6.Amortization of intangible and depreciation of tangible fixed assets -123,505,464.77 -118,614 -9,845,244.88 -9,964 7.Other operating expenses a) Taxes, as far as not shown under item 2 and 18 b)Other 8.Operating result = subtotal of item 3 to 7 * in thousand EUR 86 The Financial Statements 2011 -323,183.42 -339 -56,997,924.79 -55,761 -57,321,108.21 -56,100 18,916,191.10 1,909 EUR Comparative Figures for 2010 TEUR* 86,838,111.57 23,881 10.Income from other financial fixed assets 692,200.40 361 11.Other interest income and similar income 443,647.95 590 12.Income from the disposal and write-up of financial fixed assets 403,292.59 91,056 13.Expenses from finacial fixed assets thereof a)Depreciation EUR 813,700.00 (2010: TEUR* 1) b)Expenses from affiated companies EUR 1,103,525.98 (2010: TEUR* 1,250) -1,917,225.98 -1,250 14.Interest and similar charges thereof affiliated companies EUR 65,482.38 (2010: TEUR* 143) -8,491,762.64 -9,421 15.Financial result = subtotal of item 9 to 14 77,968,263.89 105,217 16.Result on ordinary Activities 96,884,454.99 107,126 106,970.33 0 18.Extraordinary expenses 0.00 -19,300 19.Extraordinary result 106,970.33 -19,300 -4,777,209.00 3,633 21.Net income 92,214,216.32 91,459 22.Allocation to profit reserves other reserves (voluntary reserves) -86,600,000.00 -85,900 5,614,216.32 5,559 16,783.86 58 5,631,000.18 5,617 9.Income from investments, thereof affiliated companies EUR 86,792,907.40 (2010: TEUR* 23,834) 17.Extraordinary income 20.Taxes on income 23.Annual income 24.Profit brought forward from the previous year 25. Balance sheet profit * in thousand EUR Annual Report 2011 87 Balance Sheet as of 31 December 2011, Casinos Austria AG Assets EUR EUR Comparative Figures for 2010 TEUR* 2,762,222.05 3,951 A. Long term assets I. Intangible assets Protective rights and similar rights II. Tangible assets 1. Property, coincident rights and buildings, including buildings on third party property thereof value of land EUR 7,036,803.41 (31/12/2010: TEUR* 7,037) 11,719,550.62 11,970 2. Other equipment, fixtures, furniture and office equipment 25,458,967.46 29,801 58,936.42 13 3. Advance payments and construction in progress 37,237,454.50 41,784 III. Financial assets 557,412,601.72 547,412 2. Other participations 146,010.49 285 3. Long-term securities 10,789,921.00 10,246 274,807.97 379 1. Investments in affiliated companies 4. Other loans 568,623,341.18 558,322 608,623,017.73 604,057 B. Current assets I. Receivables and other assets 1. Trade receivables 2,132,959.82 2,415 2. Receivables from affiliated companies 8,811,721.71 2,454 3. Other receivables and assets 2,637,471.82 3,026 II. Cash at hand, bank deposits C. Prepaid Expenses * in thousand EUR 88 The Financial Statements 2011 13,582,153.35 7,895 26,226,752.47 21,651 39,808,905.82 29,546 3,637,794.02 2,738 652,069,717.57 636,341 Equity and Liabilities EUR EUR Comparative Figures for 2010 TEUR* 40,000,000.00 40,000 A. Equity I. Share capital II. Profit reserves 1. Legal reserves 2. Other reserves (voluntary reserves) 4,000,000.00 4,000 240,800,000.00 154,200 III. Balance sheet profit thereof profit brought forward EUR 16,783.86 (31/12/2010: TEUR* 58) 244,800,000.00 158,200 5,631,000.18 5,617 290,431,000.18 203,817 B. Provisions 1. Provision for severance payments 20,583,198.00 20,265 2. Provision for pensions 15,896,999.00 16,436 4,565,565.00 1,551 31,844,361.77 31,667 3. Provision for taxes 4. Other provisions 72,890,123.77 69,919 C. Liabilities 1. Bonds 2. Liabilities to banks 3. Trade liabilities 4. Liabilities from affiliated companies 5. Liabilities to companies in which participations are held 6. Other liabilities thereof taxes EUR 16,508,818.16 (31/12/2010: TEUR* 15,543) therof relating to social security EUR 3,170,506.11 (31.12.2010: TEUR* 3,237) D. Deferred income Contingent liabilities 0.00 150,000 180,980,052.08 109,008 5,970,327.56 6,823 17,534,767.81 11,980 0.00 440 81,271,135.49 81,017 285,756,282.94 359,268 2,992,310.68 3,337 652,069,717.57 636,341 1.00 3 * in thousand EUR Annual Report 2011 89 Consolidated Profit and Loss Statement for the 2011 fiscal year, Casinos Austria Group 2011 2010 modified 3,471,210 3,188,474 -2,186,577 -2,015,534 1,284,633 1,172,940 -595,592 -546,311 689,041 626,629 53,137 58,926 -293,208 -274,576 -47,423 -46,458 -335,143 -320,362 6,936 6,278 TEUR* Gaming revenues incl. ancillary revenues Payouts of lottery winnings Gross gaming revenues incl. ancillary revenues Gaming taxes and other taxes Net gaming revenues incl. ancillary revenues Other operating income Personnel expenses Depreciation and amortization Other operating expenses Income from associated companies Operating result before restructuring expenses and impairments 73,340 50,437 Restructuring expenses and Impairments -26,137 -18,972 Operating result 47,203 31,465 9,923 10,798 Financial expense -33,086 -33,089 Financial result -23,163 -22,291 Profit/loss before taxes 24,040 9,174 Income taxes -12,392 844 Result from continuing operations 11,648 10,018 Result from discontinued operations -11,014 -1,658 634 8,360 Financial income Net income/loss attibutable to shareholders of parent company non-controlling interests * in thousand EUR 90 The Financial Statements 2011 -17,063 -6,182 17,697 14,542 634 8,360 Consolidated Balance Sheet as of 31 December 2011, Casinos Austria Group Assets TEUR* 31/12/2011 31/12/2010 modified 272,863 305,882 Receivables and other assets 89,365 75,061 Other financial assets 14,101 12,809 376,329 393,752 Assets held for sale 17,506 0 Short term assets 393,835 393,752 Tangible assets 287,815 313,018 Goodwill 284,841 284,895 36,057 38,938 Cash and cash equivalents Other intangible assets 84,876 94,629 174,069 223,820 17,760 22,679 7,114 4,639 892,532 982,618 1,286,367 1.376,370 174,228 208,464 Trade payables 20,368 14,066 Provisions 82,591 80,507 Tax liabilities 67,942 64,922 897 0 202,936 167,384 Short term Debt 548,962 535,343 Financial liabilities 401,176 455,490 75,097 66,893 Deferred tax provisions 8,242 9,403 Other long term provisions 7,983 8,294 Other long term liabilities 5,435 42,001 497,933 582,081 Share capital 40,000 40,000 Retained earnings and balance sheet profit 90,280 118,963 0 -147 22,250 19,724 152,530 178,540 86,942 80,406 239,472 258,946 1,286,367 1.376,370 Investments in associated companies Other financial assets Deferred tax assets Other long term assets Long term assets Total Assets Liabilities and Equity TEUR* Financial liabilities Debts held for sale Other short term liabilities Provisions for employee entitlements Long term Debt Unrecognized valuation gains/losses Currency translation differences Non-controlling interests Equity Total Liabilities and Equity * in thousand EUR Annual Report 2011 91 Imprint Casinos Austria AG Rennweg 44 1038 Vienna Austria Tel.: +43 1 53440-22321 Producer Casinos Austria AG Corporate Communications Editors Martin Himmelbauer Martina Landsmann Alexandra Gräf Richard Emele Graphics & Production schoeller corporate communications 1070 Vienna Print AV+Astoria Druckzentrum GmbH 1030 Vienna Photo Copyright Photo Archive Casinos Austria Photo Archive Casinos Austria International Photo Archive Austrian Lotteries Christof Wagner Rita Newman Peter Svec Mike Ranz This product is from sustainably managed forests and controlled sources. 92 Employees at the Photoshoot Sabine Sageder Junior receptionist in Casino Linz, with Casinos Austria since 2007 Helmut Benes1 & Nikolaus Jaros2 Chefs in Casino Wien, with Casinos Austria since 19941, with CAGAST since 20102 Cornelia Richter Service in Casino Wien, with CAGAST since 2010 Laura-Maria Iorga Cloakroom attendant in Casino Linz, with Casinos Austria since 2007 Marie-Christine Gebhart Junior receptionist in Casino Baden, with Casinos Austria since 2009 Hans Außerer Event technician in Casino Baden, with Congress Casino Baden since 2002 Peter Löb Croupier in Casino Linz, with Casinos Austria since 1990 Felix Mayrhuber Slot product manager in Casino Linz, with Casinos Austria since 1985 Marina Kügler Housekeeping in Casino Baden, with Casinos Austria since 1995 Fatih Erdem Bar manager in Casino Wien, with CAGAST since 2009 Thomas Burget Gaming floor manager in Casino Baden, with Casinos Austria since 1989 Constantin Heindl Junior croupier in Casino Wien, with Casinos Austria since 2007 Annual report 2011 93