Czech lottery giant Sazka Group has released its financial results for the first quarter of 2021, showing gross gaming revenue (GGR) of €526.3m (£452.4m/$637.7m), up 29.9% on Q1 2020.
The company reported €257.4m in GGR from the Austrian market, down 16.7% from the previous year, however the share generated by Austrian Lotteries, at €255.0m, was up 23.6%.
Sazka said this was due to a strong performance in lotteries and igaming in the market, but there was almost zero contribution from the Austrian and international casinos, de to novel coronavirus (Covid-19)-related closures..
The Czech market brought in €95.7m in GGR, up 24.3%, while Greece and Cyprus generated €174.2m, down 46.9%, which the company said reflects the closure of its retail activities in these markets during much of the quarter.
