Novomatic Gaming is a gambling company of global proportion, and was established in 1980 by Johann Graf. Their revenue and profit margin since the company started up exceeds hundreds of millions of euros each year and, with group companies in as many as 50 different countries, Novomatic is by any calculation a global player in the world of gambling.
The ongoing trend in both the land-based and online casino industries can very safely be said to be expansion, and one of the most recent developments in this area has come from Novomatic, who announced recently that Novomatic Gaming acquires JVH Eploitatie and JVH gaming products. The company is a wholly owned subsidiary of the Austrian Gaming industry, and the acquisition of the two Dutch companies with a remarkable grip on that country’s market is a feather for Novomatic’s cap, to say the least. The recently united companies will henceforth be known as JVH, and will become part of Novomatic’s portfolio as they look forward to further growth in terms of the German AWP market. (more…)