Novomatic pulled down $5.7 billion last year

2018 was good to Novomatic. The Austria-based gaming equipment manufacturer and operator had a record year in revenue, according to its CEO, Harald Neumann, and more positive growth is coming down the pipe.

Novomatic is still crunching numbers and will make its official report soon. However, it stated in a press release that consolidated revenue for the company reached $5.7 billion last year, an increase of 2% over 2017’s figures.

Neumann added in the release, “Following the strong growth of recent years, we will continue to focus on consolidation and increasing synergies between the companies in 2019.”

Novomatic has three holding companies – Novomatic AG, Gryphone Invest AG and ACE Casino Holding AG. Across the three, it now owns a piece of 300 different companies, and the financial analysis so far includes approximately 220 of them.