SAZKA CEO Robert Chvátal Announces 2020 National Lottery bid

SAZKA Group Chief Executive Robert Chvátal announced that the growing gaming company will launch an official 2020 bid to win the UK’s fourth National Lottery contract from 2023 onwards.

After a busy 2019 in which the Czech gaming fund acquired majority shareholdings in OPAP Greece and Casinos Austria, Chvátal emphasised that’ investing in the UK is the next stop.’

SAZKA’s chief said’ Brexit was no challenge’ to the Czech business, which ‘has proven across Europe how lottery is done differently, with more fun and more profitability’ for consumers and national stakeholders.

“Next year we are preparing a tender for The National Lottery, and this is a very interesting opportunity for us,” he said. “We want to try to be the operator of the UK’s prestigious lottery. Moreover, Britain is the cradle of betting and betting, and it is one of the largest markets in Europe.”

Significant corporate changes in 2019 saw SAZKA split its holdings by taking full control of SAZKA’s gaming properties and investments by Czech billionaire Karel Komarek Jr’s KKCG private equity fund.

As a simplified SAZKA is now fully focused on becoming the world’s leading gambling fund for prominent disturbances in the global lottery market, Chvátal stressed the improvements while necessary.

Previously, UK Media had reported that SAZKA would be a possible bidder for the 2020 tender of the National Lottery, vying against high-profile suitors like Northern & Shell and the’ Peoples Lottery’ project by Richard Branson.

The governance Française des Jeux (FDJ) reported last week that negotiations with investment bank Rothschild were taking place, exploring options to participate in the tender for 2020.