From Austria to the World

eport ‚ 08
From Austria to the World

6 A Sought-After Partner
66 A Hot Tip(p)
Contents
4 Editorial
6 The Group
A Sought-After Partner
12 Board of Directors
Short Biographies of the
Executive Management Team
14 Casinos in Austria
Beat‘em all
The 12 Austrian Casinos
30 Food & Beverage
58 A Stroke of Luck
Panem et circenses
34 Casinos Austria International
A Global Player
14 Beat‘em all 34 A Global Player
62 Virtual Reality
58 Austrian Lotteries
A Stroke of Luck
62 win2day.at
Virtual Reality
64 WINWIN
A WINWIN Situation
66 tipp3
A Hot Tip(p)
68 Responsible Gaming
70 Security
Security in Mind
64 A WINWIN Situation 78 In the Spotlight
30 Panem et circenses
74 Sponsoring
Big Spender
76 Employees
A Winning Team
78 Events
In the Spotlight
84 Supervisory Board
Supervisory Board Report
85 Financial Statements 2008
Company and Consolidated
Financial Statements
92 Imprint
Facts & Figures
11 The Casinos Austria Group at a Glance
16 Guest Ranking 2008
Casino Guests
Gross Gaming Revenues 2004–2008
17 Gaming Mix in Austria
Gross Gaming Revenues 2008
Major Jackpot Payouts 2008
61 Austrian Lotteries in Figures
Total Sales 2008 by Product
77 Employees by Company
86 Financial Statements 2008 – Casinos Austria AG
88 Income Statement for 2008 – Casinos Austria AG
90 Consolidated Income Statement for 2008
91 Consolidated Balance Sheet 2008

eport ’08 | Editorial
(l. to r.): Paul Herzfeld (Deputy Director General), Karl Stoss (Director General), Dietmar Hoscher (Director), Josef Leutgeb (Director)
Editorial
Welcome to report ‘08, the Annual Report for Casinos
Austria AG and its subsidiaries. report ‘08
provides an overview of our key facts and figures
for 2008 and also offers an insight into the exciting
world of gaming, the broad portfolio of products
and services offered by the Casinos Austria Group
and other key issues like CSR, responsible gaming,
sponsoring and security.
The Poker boom that began in 2006 maintained
its upward momentum in 2008. This enthralling
game, where a little bit of luck and a clever bluff
at the right moment can decide the winner, continues
to enjoy tremendous popularity in casinos
around the world. This trend was clearly reflected
at Casinos Austria not only in the many tournaments
hosted by our casinos, but also in the
launch of a dedicated Pokerroom on our online
gaming platform win2day.at in February 2008.
The only all-Austrian site of its kind, Pokerroom
has already built up a loyal fan base. But our casinos
offer far more than just Poker. report ‘08
also takes a look behind the scenes at our 12
casinos in Austria, before whisking you off on a
tour of the 63 casinos operated by Casinos Austria
International Holding on five continents and on
board 11 cruise liners.
In-depth reports on key topics like security, responsible
gaming, our staff, our ongoing support for important
social issues and, of course, a comprehensive
set of financial statements complete the spectrum.
report ’08 also takes you on a trip to relatively unknown
territory: to the Russian Republic of Bashkortostan,
where Austrian Lotteries are currently
developing the Republic’s new national lottery.
Last but by no means least, we would also like to
extend a very special word of thanks to our staff
for their dedication and hard work and, of course,
to our guests and customers for their continued
loyalty and support.
We hope you enjoy reading report ’08.
The Casinos Austria Board of Directors.
Karl Stoss Paul Herzfeld
Dietmar Hoscher Josef Leutgeb
Editorial | report ’08
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Dear Reader,

eport ’08 | The Group The Group | report ’08
GROUP COMPANIES
MEDIAL Beteiligungs GmbH
UNIQA
Vienna Insurance Group
Raiffeisen Group
Bankhaus Schelhammer & Schattera
100%
35.4%
50%
33.3%
5.3%
Austrian Mint
68%
Bankhaus Schelhammer & Schattera
56%
100%
100%
26%
Private Shareholders
50%
Organizational Chart (CASAG & Holdings)
A Sought-After Partner
At the end of 2007, the Casinos Austria Group implemented a new corporate structure. In 2008, this transformation
had already borne its first fruits: expansion into new countries and new product segments.
Russian hasn’t really been one of the languages
most commonly spoken by staff
at Casinos Austria throughout the company’s
40-year history. The Casinos Austria Group has,
of course, been doing business outside Austria
since the 1970s and, in addition to its 12 domestic
casinos, currently operates 63 casinos in
18 countries on five continents and on board 11
cruise liners. We have operations in Western and
Southeastern Europe, the Middle East, Africa,
North and South America, Asia and Australia.
But not in Russia.
But this was about to change: in 2008 the volume
of communication received from representatives
of the Russian Federation increased dramatically.
On an almost weekly basis, our main office in
Vienna was contacted by politicians, analysts or
journalists offering or seeking cooperation opportunities.
What had prompted this political interest
was a resolution that had come into effect at the
start of 2007. Under the terms of this resolution
to totally restructure the Russian gaming market,
all existing casinos – including an estimated 2,000
in Moscow alone – will have to close by mid-2009.
In their place, the Russian government plans to
establish four new Las Vegas-style gaming zones.
Located outside the main urban areas in the Altai,
Krasnodar and Primorye territories and the Kaliningrad
region, these new gaming centers should offer
eve rything the heart desires.
Needless to say, the provincial governments in
the selected zones were not going to entrust
an undertaking of this magnitude to just any
casino operator. To ensure everything would be
done by the book and revenues would be correctly
taxed – a key argument for the respective
Finance Ministers – their political representatives
began looking for appropriate casino op-
erators with international experience and an
impeccable reputation.
Their search quickly led them to Vienna. Or,
more precisely, to Casinos Austria when it came
to the question of who should operate the new
casinos. But also to Austrian Lotteries, who are
now already well on track with their first project:
the market entry in the Republic of Bashkortostan.
With a population of four million, the Russian
Republic of Bashkortostan was previously only
really known to a select few in Austria. But the
Republic has much to offer: rich oil reserves, a
flourishing petrochemical industry, a good overall
economic situation and plenty of potential.
At the beginning of 2008, the Bashkortostan Finance
Minister himself contacted the management
team at Austrian Lotteries. A few months
later, an agreement had already been reached.
The launch of the “Lucky Hearts” scratch-off
lottery at the end of 2008 was a clear initial
sign. The first draw of Bashkortostan’s new
national lottery is expected to take place mid-
2009. The new lottery will follow the established
formula used for the Austrian Lotto “6 aus
45”, adapted to suit the size of the population.
With this project, Casinos Austria and Austrian
Lotteries have successfully taken a very important
step: linking their extensive know-how in the
lottery business with their international experience
in the casino sector. They have also taken
their first step into the new Russian market. In
times of worldwide economic crisis, looking for
potential in new markets becomes all the more
important. There can be no doubting that the
Russian economy is currently being severely
shaken, perhaps even more severely than West- �
MISSION STATEMENT
Casinos Austria AG and its subsidiaries offer highest quality
gaming and entertainment. Reliability, extensive experience
and respect for the special socio-political responsibility that
goes hand-in-hand with gaming guarantee the trust of guests,
customers, investors and, above all, the licensing authorities.
Our shared visions and capacity for innovation promote the
ongoing development of the Group and safeguard the jobs of
our employees. We encourage and value active participation
and constructive input.
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eport ’08 | The Group The Group | report ’08
BUSINESS UNITS
CASINOS AUSTRIA
Karl Stoss
Heads of Division:
Andreas Cieslar, Dieter Salzgeber,
Christian Schütz, Karl Vybiral
BETTING AND SPORTS SKILL GAMES
Dietmar Hoscher
Heads of Division/Directors:
Erwin Binder,
Philip Newald
CORPORATE FUNCTIONS
CORPORATE DEVELOPMENT
Board of Directors
Head of Division:
Peter Ulovec
LEGAL AFFAIRS
Dietmar Hoscher
Head of Division:
Peter Erlacher
INTERNAL AUDIT
Board of Directors
Head of Division:
Erhard Peinthor
PUBLIC & EUROPEAN AFFAIRS, CSR
Dietmar Hoscher
Head of Division:
Markus Eder
LOTTERIES
Bettina Glatz-Kremsner
Friedrich Stickler
Heads of Division:
Peter Ulovec,
Wolfgang Leitner
VLT / SLOTS
Dietmar Hoscher
Heads of Division/Managing Directors:
Wolfgang Sperl,
Robert Vierziger
HUMAN RESOURCES
Karl Stoss
Head of Division:
Stephan Walder
INFORMATION TECHNOLOGIES
Bettina Glatz-Kremsner
Head of Division:
Erich Schuster
CORPORATE COMMUNICATIONS
Karl Stoss
Head of Division:
Martin Himmelbauer
SERVICES
Bettina Glatz-Kremsner
Heads of Division:
Nathan Bomze, Oskar Berzsenyi,
Reinhard Summerer
INTERNATIONAL BUSINESS
Paul Herzfeld
Josef Leutgeb
Heads of Division:
Erwin Binder, Richard Hainzl,
Stefan Harra
ONLINE GAMING, NEW MEDIA &
OTHER SKILL GAMES
Friedrich Stickler
Bettina Glatz-Kremsner
Heads of Division:
Martin Jekl,
Wolfgang Leitner
FINANCE
Josef Leutgeb
Head of Division:
Wolfgang Sperl
CORPORATE PROCUREMENT
Josef Leutgeb
Head of Division:
Alexander Kiss
GROUP CONTROLLING
Josef Leutgeb
Head of Division:
Alexander Frisch
RESPONSIBLE GAMING,
ADVERTISING, SPONSORING
Friedrich Stickler
Head of Division:
Herbert Beck
ern European economies. But when the crisis ends
– as it is also sure to do one day – it will also offer
the greatest opportunities for growth – opportunities
that should not be ignored.
The results for the 2008 business year clearly
show that the Casinos Austria Group is well
equipped to stand its ground in difficult times.
Despite strong competition in the gaming market,
the introduction of new no-smoking regulations
in a number of European countries and
noticeable restraint among guests as a result
of the crisis, the Group reported significant
increases in a number of key indicators. 22.4
million guests worldwide, an increase of 12.6
percent year-on-year and 3.803 billion euro in
revenues, a rise of nine percent, are the kind
of results that speak for themselves. The upward
trend in guest numbers can be credited to
the 63 Casinos Austria International operations
posting a 14.3 percent rise in guest numbers in
2008. The clear growth in revenues can be attributed
to a large extent to the strong performance
Austrian Lotteries achieved with its Lotto,
Joker, Toto, Bingo, EuroMillions, ToiToiToi, Zahlenlotto,
Rubbellos, Brieflos and Klassenlotterie products.
Boosted by the first-ever five-time rollover
for Lotto “6 aus 45” and a number of EuroMillions
prizewinners in Austria in the double-digit
millions, Austrian Lotteries reported an increase
in sales of 15 percent to 2.378 billion euro in
2008. Positive developments were also reported
by the other companies in the Group: WINWIN
increased its number of outlets to 11 and will
complete the dozen in the course of 2009. tipp3
raised its profile as sponsor of the Austrian Football
Bundesliga and scored a clear win during
EURO ’08 with its professional sports betting services.
win2day.at exceeded the 400,000 registered
users mark, while the 12 Austrian casinos defied
the difficult operating conditions, reporting a 1.1
percent increase in revenues to 280 million euro.
Gaming in the Austrian domestic market is subject
to the explicit approval of the Federal Ministry
of Finance and the nine federal states (Bundesländer)
of the Federal Republic. Every new game
and every change to gaming rules and terms and
conditions – no matter how small – must be submitted
to the Ministry for approval before it is
implemented. Naturally, this makes a quick reac-
tion to market developments more difficult. But
it also serves as both guarantee and proof of the
particular level of care exercised by all companies
in their individual areas of business. Every
casino guest and every online user has to register
according to the rules and must be at least
18 years of age. If necessary, casino guests must
disclose whether they have sufficient means to
support their gaming activities. When it comes to
responsible gaming practices, Casinos Austria and
Austrian Lotteries are well known for setting new,
exemplary standards.
Another strength that results from this special position
is the Casinos Austria Group’s clear commitment
to social responsibility. In 2008, the companies
in the Group contributed a total of over 70
million euro (including Austrian Lotteries’ contributions
to the sponsoring of sports) to numerous
humanitarian and cultural projects, as well as to
popular sports in Austria. In many cases, these
projects and causes could not have been furthered
without this support.
The Casinos Austria Group now employs some
13,532 staff worldwide, including 2,332 in Austria
alone. Indeed, employee numbers in Austria even
show a slight increase year-on-year, not something
to be taken for granted in the current economic climate,
and when one large company after another is
introducing short-time working hours or announcing
major redundancy programs. The fact that many of
our staff have been with Casinos Austria for well over
10 years – and some of them even for more than 35
years – offers a clear indication that the chemistry
must be right.
But it is not only the economic crisis that has
made the operating environment more difficult.
Competition in the gaming industry is also on
the increase, particularly from the many operators
crowding the legally contested areas of the
market. A forthcoming Amendment to the Austrian
Gaming Act is set to reregulate and unify
the market across the whole country. Clear statutory
requirements regarding entry controls and
regulations that will be applicable not just to operations
run by Casinos Austria should ensure
that all operations comply with regulatory policies
and that appropriate measures are in place
to protect minors and players.
�
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eport ’08 | The Group The Group | report ’08
The Casinos Austria and Austrian Lotteries headquarters in Vienna
Only the State has the right to operate games of
chance in Austria. The State has issued licenses
to operate such games of chance to two companies:
Casinos Austria AG is authorized to operate
casino games, while Austrian Lotteries holds the
license to operate lottery games. As holders of
these licenses, both companies are subject to
strict conditions, state control and high taxes.
The legitimacy of national gaming monopolies
like the one found in Austria has been recently
upheld by the European Union: both through the
rulings of the European Court of Justice and
CASINOS AUSTRIA GROUP AT A GLANCE
Revenues (win, registered tips, entrance) in millions EUR
CASAG CAI ÖLG Entertainment Group
2007 277 1,096 1,036 1,080 3,489
2008 280 1,094 1,123 1,305 3,802
+1.1% -0.2% +8.5% +20.8% +9.0%
Taxes paid in Austria in millions EUR
CASAG ÖLG Group
2007 132 349 481
2008 134 383 517
Casino Guests in millions
CASAG CAI Group
2007 2.44 (+0%) 17.5 (+5.4%) 19.94
2008 2.36 (-3%) 20.0 (+14.3%) 22.36
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Legal Framework
Employees *
**
CASAG CAI ÖLG Entertainment Group
2007 1,721 11,500 462 124 13,807
2008 1,752 11,200 442 138 13,532
Number of Slot Machines
CASAG CAI Group
2007 1,814 11,200 13,014
2008 1,846 11,600 13,446
Number of Gaming Tables
through the repeated confirmation by the Commissioner
for the Internal Market and Services,
Charlie McCreevy, that he sees no grounds to
fundamentally challenge national monopolies.
The Austrian Gaming Act, as amended, excludes
gaming machines with maximum bets of 50
cents and winnings of up to 20 euro. It remains
at the discretion of the individual federal states
whether they allow such gaming machines or
not. Lower Austria, Styria, Carinthia and Vienna
permit such gaming machines, the remaining
federal states do not.
CASAG CAI Group
2007 238 1,000 1,238
2008 236 1,000 1,236
CAI = Casinos Austria International = 63 casinos in 18 countries on 5 continents or on 11 cruise liners
CASAG = Casinos Austria AG = 12 casinos in Austria
ÖLG = Österreichische Lotterien GmbH = Austrian Lotteries
* Annual average full-time equivalents
** incl. CAGAST, CAST, CCB and CALL

eport ’08 | Board of Directors Board of Directors | report ’08
Board of Directors
Karl Stoss, Director General
born 26 November 1956 in Dornbirn
Karl Stoss studied Business Administration at the
University of Innsbruck, where he also worked as
a lecturer at the Institute of Industry and Trade
while completing his PhD. In 1984, he joined
Vorarlberger Landesversicherung, before moving
to MZSG Management Zentrum St. Gallen in Switzerland
two years later as Consultant and Partner.
In 1996, he relocated to Vienna, working as a Consultant
for Österreichische Postsparkasse for one
year before assuming the role of Deputy Director
General. He was appointed a Director of Raiffeisen
Zentralbank Österreich AG in 2001, joined the
Paul Herzfeld, Deputy Director General
born 17 August 1955 in Vienna
Paul Herzfeld joined Casinos Austria while studying
for his Masters Degree in Commercial Studies
at Vienna University of Economics and Business Administration
from 1973 to 1979. In the years that
followed, he held a variety of positions ranging from
Door Inspector and Front Desk Cashier to Chip Cashier
at Casinos Wien, Baden, Bad Gastein and finally
Kitzbühel, where he was appointed Head of Administration
in 1989. In 1990, he returned to Vienna
to head up the new Organization/Information/IT
department established to develop and implement
a company-wide reporting and information system.
Three years later, he was appointed Secretary General
Board of Generali Holding Vienna AG as a Director
on 1 October 2004 and took over the role of Chairman
of the Board at the start of 2005. On the
recommendation of his predecessor, Leo Wallner,
Karl Stoss was appointed to the Board of Casinos
Austria AG with effect from 1 January 2007, where
he succeeded Leo Wallner as Director General in
May of the same year. In his free time, the father
of three is a keen mountaineer who has completed
several climbing tours in the Himalayas with Peter
Habeler, the Austrian extreme mountaineer famed
for his ascent of Mount Everest.
and Authorized Signatory of Casinos Austria AG, a
role which saw him responsible for coordination of
the various activities of the Casinos Austria Group
on behalf of the Board and for management of the
Group’s European business activities. In 1997, he
was appointed Chief Executive Officer (CEO) and
Director of Casinos Austria International Holding
GmbH, where he has since played a defining role
in the Group’s successful international expansion.
Paul Herzfeld has been a Director of Casinos Austria
AG since 2001 and is also a Member of the Board
of the European Casino Association. His hobbies include
travel and golf.
Dietmar Hoscher, Director
born 5 June 1962 in Vienna
After graduating with a Masters Degree in Economics
from the University of Vienna, Dietmar Hoscher
managed a research project into progressive consumption
tax at the Ludwig Boltzmann Institute for
Economic Policy Analysis before joining the Österreichische
Nationalbank (Austrian Central Bank) as
an Economic Advisor in 1987. Two years later, he was
appointed Economic Policy Advisor to the Austrian
Parliament, serving in this capacity from 1995 under
Ministers of Finance Staribacher, Klima and Edlinger.
In 1998, he joined Casinos Austria, initially as Head
of Division and Executive Manager. On 4 April 2000,
he was appointed Director of Österreichische Sport-
Josef Leutgeb, Director
born 27 March 1961 in Eggenburg
After completing his Masters Degree in Business
Administration at Vienna University of Economics
and Business Administration in 1987, Josef
Leutgeb began his professional career as an Auditor
and Consultant with the international auditing
firm BDO Auxilia in Vienna. In this capacity, he
worked with several leading Austrian companies,
including Casinos Austria AG. Impressed by his
expertise, Casinos Austria Director General Leo
Wallner recruited Josef Leutgeb in 1993 to set up
a new company-wide Controlling division. In 1997,
he was appointed to the Board of Casinos Austria
International Holding GmbH as Chief Financial Officer
(CFO) and also took up the role of Director of
wetten GmbH (tipp3), where he assumed the position
of Chairman of the Board in June 2008. On
1 January 2007, he was appointed Director of
Casinos Austria AG. He is Vice President of the Austrian
Bookmakers’ Association and the Vienna Business
Circle, a former Member of Parliament and as
Honorary President and Chairman of the Board of
Trustees of SK Rapid Wien, naturally also a big fan
of the legendary Vienna-based football club. Dietmar
Hoscher is an accomplished author and independent
music journalist who writes for various Austrian and
German journals and is a supporter of music festivals
like the Vienna Blues Spring.
Casinos Austria International Ltd. in Australia. On
1 January 2005, he was also appointed Director
of Casinos Austria AG by the Supervisory Board.
Responsible for managing the Group’s financial affairs,
he has played a leading role in driving a number
of key processes, including the turnaround of
its business in Australia and the restructuring of
several other international holdings. A keen traveler,
he does not mind the extensive travel that comes
with his role, and also likes traveling with his family
in his free time. Josef Leutgeb is also an enthusiastic
sportsman, who enjoys a number of different
sports – though always in moderation as he is
quick to point out.
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eport ’08 | Casinos in Austria
Beat’em all
2008 was a challenging year for the 12 Austrian casinos. But it also offered them a chance
to demonstrate their strengths over other gaming operators. An opportunity that Casinos
Austria put to impressive use.
The number surprised even the optimists among
us. In November 2008, 1,503 contestants
grabbed the chance to take part in “Beat’em all” –
Europe’s largest live Poker tournament. This major
event began simultaneously in ten casinos across
Austria, from Bregenz in the west to Baden in the
east, with the electrifying final held almost exactly in
the middle of the country in Casino Linz.
Of course, it was not just the money – a total prize
pool of 142,785 euro was at stake – that attracted
such a large number of Poker fans. They also
came to experience the thrilling atmosphere of a
live tournament in a casino and with the knowledge
that if they won, they would achieve instant fame in
the Poker world as the – direct or indirect – winner
among 1,503 contestants.
The winning combination of that very special Casinos
Austria’s flair and the possibility to buy-in at
casinos all across the country, once again proved
a major trump card. But it didn’t stop there: Poker
enthusiasts also had the chance to qualify through
a series of satellite tournaments on win2day.at,
our very own online gaming platform. It goes without
saying that we will be repeating the tournament
in 2009.
“Beat’em all” was not just the name of this remarkable
live Poker tournament, it also proved to be the
Casinos Austria motto in the battle for supremacy
in the gaming industry. Casinos Austria might be
the only Austrian company with a clear mandate
and license from the Federal Ministry of Finance to
operate casino games in Austria, but competition
in the casino sector remains fierce nonetheless.
Some 50 casinos just across the country’s borders
have been increasingly courting Austrian customers
of late, and there is also a great deal of activity
in the domestic market. Add to this a major eco- �
Casinos in Austria | report ’08
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eport ’08 | Casinos in Austria
GUEST RANKING 2008
Casino National Guests International Guests Total
Wien 205,849 158,314 364,163
Baden 286,854 35,346 322,200
Bregenz 110,495 197,994 308,489
Velden 189,494 62,323 251,817
Innsbruck 135,649 99,162 234,811
Linz 196,135 28,490 224,625
Salzburg 108,826 80,427 189,253
Graz 163,970 19,777 183,547
Seefeld 38,368 100,464 138,832
Kitzbühel 30,699 31,101 61,800
Kleinwalsertal 5,152 54,145 59,297
Bad Gastein 9,435 14,741 24,176
Total 1,480,926 882,084 2,363,010
CASINO GUESTS
2008 Percentage of Total
Total Guests 2,363,010
National Guests 1,480,926 63%
International Guests 882,084 37%
Female Guests 1,012,196 43%
First-time Guests 391,395 17%
GROSS GAMING REVENUES 2004-2008
(in millions EUR, in % compared to previous year)
2004 205.0 -5.9%
2005 201.0 -2.0%
2006 181.7 -9.6%
2007 193.5 +6.5%
2008 196.9 +1.75%
nomic crisis looming on the horizon, and it quickly
becomes clear why companies really have to play
on their strengths to stay in the running.
To do so, Casinos Austria hosts far more than just
superb tournaments like “Beat’em all” or the traditional
Casinos Austria Poker Tour: we also try to
provide our guests with a unique range of entertainment
options not available anywhere else. These include
specials like our popular Ladies Nights, our
extensive choice of dining opportunities or our unrivalled
event facilities for unforgettable functions,
parties and congresses. Not forgetting, of course,
the superb gaming on offer: as of 31 December
2008, Casinos Austria’s 12 domestic casinos were
home to more than 236 gaming tables – with a
choice of games ranging from French and American
Roulette, Blackjack and Poker to Punto Banco
– and all managed by our excellent team of company-trained,
international standard croupiers.
With so much entertainment on offer, Casinos Austria
once again confirmed its position as clear market
leader, welcoming 2.36 million guests in the reporting
year. Although this figure was down three
percent year-on-year, it still offers a clear indication
of who holds the winning hand in Austria.
Maintaining this situation is not only in our own interests,
but also in the interests of our individual
host regions. Over the last 40 years, our casinos
have firmly established themselves as major tourist
attractions and bring significant added value
to their host states. This comes in many shapes
and forms: from redevelopment contracts (such
At the turn of the year, Casino Kleinwalsertal was given a whole new look
as those recently awarded in Vienna, Salzburg or
Kleinwalsertal) and the direct benefit for the tourism
and leisure industries (who view a casino as
a valuable asset) to supply agreements with local
food producers (for whom our casino restaurants
and F&B services are important and reliable partners
and customers). In cooperation with the Österreichischen
Hoteliervereinigung (Austrian Hoteliers
Association) and the key Austrian tourism journal
Tourist Austria International (T.A.I.), Casinos Austria
also recently launched a new “Konjunkturmotor
Tourismus” (Tourism as Economic Driver) initiative.
Networked services, i.e. linking gaming operations
directly to a central server, are not just a key
element in Casinos Austria's security policy, they
also open up extended gaming possibilities, such
as the progressive Mega Austria Jackpot, which
provides added excitement to slot machine gaming.
One lucky winner hit this jackpot in Casino
Wien at the start of 2009, taking home a prize of
1.02 million euro!
Each in their own special way, the 12 Austrian casinos
are extraordinary places. Many of them are
located in luxurious palace buildings, and they
boast a broad range of different interior designs.
Casinos Austria invests a great deal of energy, time
and money to maintain this status. Our operations
in Baden, Linz and Innsbruck were totally renovated
and relaunched in 2007, and the idyllic Casino
Kleinwalsertal was given a whole new look at the
end of 2008 and beginning of 2009. Further redevelopment
projects are also already in the pipeline
for the coming year.
�
GAMING MIX IN AUSTRIA
GROSS GAMING REVENUES 2008
MAJOR JACKPOT PAYOUTS 2008
Mega Austria Jackpot (in EUR)
Casinos in Austria | report ’08
French Roulette 6
American Roulette 71
Blackjack/Blackjack Imperial 57
Glücksrad (Wheel of Fortune) 2
Punto Banco/Baccara 5
Poker 58
Red Dog 1
Seven Eleven 1
Tropical Poker 15
Easy Poker 2
Easy Hold‘em 18
Total Live Gaming Tables 236
Slot Machines 1,846
Gross gaming revenues for the 12 Austrian casinos (in EUR)
Wien 43,656,209
Bregenz 32,404,212
Innsbruck 25,169,042
Velden 18,190,274
Linz 18,069,878
Baden 17,118,859
Graz 10,952,308
Salzburg 11,483,143
Seefeld 11,428,428
Kitzbühel 5,834,955
Kleinwalsertal 1,965,499
Bad Gastein 596,803
Total 196,869,610
Casino Velden 1,192,255 23.01.2008
Casino Kitzbühel 765,951 21.03.2008
Casino Wien 949,874 15.08.2008
Total 2,908,080
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eport ’08 | Casinos in Austria Casinos in Austria | report ’08
GRAND CASINO BADEN
2500 Baden
Kaiser-Franz-Ring 1
Im Kurpark
Tel.: +43 /2252/ 444 96
Fax: +43 /2252/ 444 96-222
E-mail: baden@casinos.at
www.baden.casinos.at
FACTS
IT’S THE WONDERFUL MIX OF
STYLES THAT MAKES GRAND
CASINO BADEN SO UNIQUE.
Guests: 322,200
Employees: 158
Revenues (in EUR): 17,118,859
Edmund Gollubits, Casino Director
It’s a balmy evening, and the scent of flowers
hangs in the air. Cocktail in hand, you stand on the
terrace of Grand Casino Baden contemplating the
light sparkling in the dancing fountain. Then you
step into the casino, hear people chatting and
laughing as you quickly become caught up in the
magic of the game. “Rien ne va plus. Would you like
another card? Flush wins.” Time to take a break,
relax on one of the sumptuous modern sofas and
cast your eyes around the room. Red leather, exquisite
rugs, the shiny Do&Co Bar – the charm of the
historic building harmonizes with the contemporary
interior, creating a very special and exciting
atmosphere all of its own.
“It’s the wonderful mix of styles that makes Grand
Casino Baden so unique,” explains Casino Director
Edmund Gollubits, reflecting on a very exciting year:
“We were delighted to welcome so many international
guests during the annual European Poker Championship
in the fall and be able to impress them with
our thoroughly professional tournament and event
services. A further highlight in 2008 was definitely
the glamorous Undine Gala, which was attended by
numerous national and international celebrities and
stars of stage and screen.”
Las Vegas might have a lot to offer, but there’s one
thing the casino capital in the desert sure doesn’t
have and that’s snow-capped mountains. Winter
sports paradise Bad Gastein, on the other hand, is
positively surrounded by them and offers visitors a
very special place to while away the hours after a day
on the slopes. At an altitude of 1,000 meters above
sea level, Casino Bad Gastein in the glamorous
Grand Hotel de l’Europe welcomes guests from literally
all over the world. No matter whether skiers or
hikers, international visitors never fail to succumb to
the appeal of the mountains and the charm of the
Belle Époque villas in this picturesque spa town.
“In 2008, we welcomed guests from over 80 different
countries to Casino Bad Gastein. Our international
clientele is quite typical for the sport crazy Gastein
region,” explains Casino Director Michael Leczek.
“Offering perfect service is top priority for our small
team. That way we can make sure our guests enjoy
an unforgettable casino experience – a perfect combination
of personal service and the unique atmosphere
created by our historic setting.” A seasonal
operation, Casino Bad Gastein is very much in tune
with holidaying guests, operating from Christmas to
mid-March and from July to mid-September.
OFFERING PERFECT
SERVICE IS TOP PRIORITY
FOR OUR SMALL TEAM.
CASINO BAD GASTEIN
5640 Bad Gastein
Kaiser-Franz-Josef-Str. 14
Grand Hôtel de l’Europe
Tel.: +43 /6434/ 24 65
Fax: +43 /6434/ 24 65-222
E-mail: badgastein@casinos.at
www.badgastein.casinos.at
| 18 | | 19 |
FACTS
Michael Leczek, Casino Director
Guests: 24,176
Employees: 18
Revenues (in EUR): 596,803

eport ’08 | Casinos in Austria
BREGENZ HAS NOW GONE
DOWN IN FILM HISTORY AS A
JAMES BOND TOWN.
CASINO BREGENZ
6900 Bregenz
Am Symphonikerplatz 3
Tel.: +43 /5574/ 45 127
Fax: +43 /5574/ 45 127-12222
E-mail: bregenz@casinos.at
www.bregenz.casinos.at
FACTS
Guests: 308,489
Employees: 158
Revenues (in EUR): 32,404,212
Josef Semler, Casino Director
For many years now, Bregenz and Casinos Austria
have been inextricably linked by the Arts. The
symbiosis of art and gaming is reflected not only
in the company’s sponsorship of the Bregenz
Festival, but also throughout Casino Bregenz itself.
When you stroll into the casino from the Festival
House next door with the music still ringing
in your ears, you simply can’t help but admire
the impressive fountain created by Styrian sculptor
Hans Muhr as you approach the stairway to
the live gaming area.
“Two exceptional events proved to be particular
highlights in 2008. Throughout the entire UEFA
EURO 2008 Football Championship, the German TV
channel ZDF broadcast its EM’08 Studio program
direct from the Bregenz Festival’s floating stage.
Then there were the scenes for the 2008 James
Bond movie “Quantum of Solace“ that were filmed
just next to Casino Bregenz, generating publicity for
Bregenz all over the world,” explains Casino Director
Josef Semler. “Bregenz has now gone down in film
history as a James Bond town. Both these events
and the resultant increase in the level of awareness
of the town have also had a positive impact on guest
numbers and revenues at Casino Bregenz.”
Casino Graz, located in the city’s celebrated
Congress Center, blends in perfectly with the
Styrian capital’s historic townscape. After all,
the old city center in Graz is a UNESCO World
Heritage Site, a status that carries its own obligations.
Any renovations and changes made to
the casino and the Congress Center itself are
never loud and garish, but always discrete and
fully in keeping with the style of the building.
The arched stained glass windows designed by
Austrian artist Hans Staudacher, for example,
form a delightful contrast to the building’s late-
Classicist façade.
“2008 again saw Casino Graz as one of the leading
locations for social events in the Styrian capital.
With our special atmosphere, countless cultural
and entertainment events, our unique Piano
Bar with live music and top quality restaurant,
we’ve been one of the most popular venues in
Styria for nearly 25 years,” says Casino Director
Andreas Sauseng, describing his casino’s special
appeal. “We were particularly pleased with the
positive feedback on our tournaments, especially
the Casinos Austria Poker Tour and our ever-popular
Preisschnappsen card competition.”
Casinos in Austria | report ’08
WE’VE BEEN ONE OF THE
MOST POPULAR VENUES IN STYRIA
FOR NEARLY 25 YEARS.
Andreas Sauseng, Casino Director
| 20 | | 21 |
CASINO GRAZ
8010 Graz
Landhausgasse 10
Grazer Congress
Tel.: +43 /316/ 83 25 78
Fax: +43 /316/ 83 25 78-222
E-mail: graz@casinos.at
www.graz.casinos.at
FACTS
Guests: 183,547
Employees: 118
Revenues (in EUR): 10,952,308

eport ’08 | Casinos in Austria
OUR NEW TERRACE IS A REAL GEM,
AND THE CASINEUM PROVIDES THE
IDEAL SETTING FOR THE MANY EVENTS
HELD AT THE CASINO.
CASINO INNSBRUCK
6020 Innsbruck
Salurner Str. 15
Hotel Hilton
Tel.: +43 /512/ 58 70 40-0
Fax: +43 /512/ 58 70 40-222
E-mail: innsbruck@casinos.at
www.innsbruck.casinos.at
FACTS
Guests: 234,811
Employees: 141
Revenues (in EUR): 25,169,042
Kurt Steger, Casino Director
The “youngest” of the 12 Austrian casinos offers
far more than just exciting gaming entertainment.
Casino Innsbruck first opened in 1992
and in the meantime has become a hot tip on
the Tyrolean comedy scene, with a calendar of
cultural events that reads like a “Who’s Who” of
Austrian comedians and satirists. The contemporary
interior of the casino combines exquisite
green stone, glass and brass elements with
clever lighting effects, including a fully electronic
LED system both on the gaming tables and the
Roulette wheels to effortlessly change the mood.
The monumental wall painting by the renowned
Tyrolean artist Max Weiler in the main gaming
area adds a further vibrant splash of color.
“In the spring, we successfully completed the innovative
redesign of our popular Casineum event
room, giving it a totally new look and equipping
it with the very latest in technology. These changes
have gone down very well with our guests, who
have clearly taken to our event philosophy,” reports
a delighted Casino Director Kurt Steger.
“We’re also particularly proud of our new terrace,
which is real gem. And we have modernized our
Jackpot Casino too!”
Casino Kitzbühel is situated in one of the most
attractive buildings in town, the Hotel Goldener
Greif, a historic family-owned building built in
1274. The cosmopolitan Alpine town hits the media
spotlight each year when it hosts the Hahnenkamm
Alpine Ski Race – just one of the many attractions
that have made Kitzbühel a destination
of choice for celebrities and VIPs from all over the
world. The town’s popular casino is the perfect
place to get away from it all for a few hours and
enjoy a fun evening of entertainment away from
the flashlights.
“Both table gaming and slot machine revenues
at Casino Kitzbühel in 2008 were by far the highest
ever achieved in the casino’s 75-year history,”
says Casino Director Hannes Huber delightedly.
“The enormous efforts we have put into establishing
Casino Kitzbühel as a year-round operation are
proving very successful. Absolute highlights in the
2008 event calendar were the ‘Racers Night’ party
organized for the Hahnenkamm Alpine Ski Race
and the gala evenings held during the Triathlon
World Cup and the Tour of Germany. Given the success
of these and other events, the casino will be a
talking point for many years to come.”
Casinos in Austria | report ’08
TABLE AND SLOT REVENUES
IN 2008 WERE THE HIGHEST IN
CASINO KITZBÜHEL’S 75-YEAR HISTORY.
CASINO KITZBÜHEL
6370 Kitzbühel
Hinterstadt 24
Tel.: +43 /5356/ 623 00
Fax: +43 /5356/ 654 66
E-mail: kitzbuehel@casinos.at
www.kitzbuehel.casinos.at
Hannes Huter, Casino Director
| 22 | | 23 |
FACTS
Guests: 61,800
Employees: 50
Revenues (in EUR): 5,834,955

eport ’08 | Casinos in Austria
AFTER 35 YEARS, THE CASINO
HAS BEEN GIVEN A MUCH-NEEDED
FACELIFT. IT NOW SHINES IN
NEW SPLENDOR.
CASINO KLEINWALSERTAL
A-6991 Riezlern
D-87567 Riezlern
Walserstraße 31
Tel. (Austria): +43 /5517/ 50 23-240
Tel. (Germany): +49 /8329/ 50 23
Fax: +43 /5517/ 50 23-16222
E-mail: kleinwalsertal@casinos.at
www.kleinwalsertal.casinos.at
FACTS
Guests: 59,297
Employees: 46
Revenues (in EUR): 1,965,499
Gerhard Steurer, Casino Director
Casino Kleinwalsertal in Riezlern is definitely
worth a visit. If only for the fact that Kleinwalsertal
can only be reached by car via Germany! But
it’s not just the route and its setting that makes
Casino Kleinwalsertal so unique. On the outside,
a modern glass façade sets it apart from the typical
house fronts in this romantic Alpine village.
And on the inside, the casino boasts a whole new
look following its renovation in 2008. The crackling
open fire in the gaming area is the sole reminder
of its rustic interior prior to the redesign:
an extravagant wall of brown leather now sweeps
from a pure white entrance area through the
whole casino, where soft lounge chairs invite you
to linger and relax.
“2008 was a real year of change for Casino Kleinwalsertal.
The renovation work began in June, and
after 35 years it was high time for a facelift. First on
the cards were our multipurpose event facilities. By
December, the whole casino was shining in its new
splendor, and we celebrated our reopening with a
fantastic party,” explains Casino Director Gerhard
Steurer proudly. “With our new look and our great
team, I am very positive about the coming year – despite
the turbulent times ahead.”
When you enter Casino Linz in the four-star Hotel
Schillerpark, you find yourself surrounded by a
wonderful combination of color, light and architecture.
Completely renovated in November 2007, the
casino is now clearly drawing on the full benefits
of its fantastic facilities. The long, curved bar, the
light pillars that bathe the gaming area in constantly
changing light and the mosaic-like window frieze
by Austrian artist Hans Staudacher all combine perfectly
to create a contemporary, stylish whole. The
200 square meter Casineum event room offers plenty
of space for large events.
“One of our goals for 2008 was to introduce our
guests to our newly redesigned casino, and we are
immensely proud of the extremely positive feedback
we have had from all our guests,” says Casino
Director Josef Kneifl. “The great atmosphere perfectly
supports our efforts to position Casino Linz
not just as a gaming venue, but also as a place
where people meet up to enjoy exciting entertainment,
great events and upmarket cuisine. Among
the many events we hosted in 2008, two definite
highlights were the final of the ‘Beat’em all’ Poker
Tournament – Europe’s largest live Poker competition
– and the European Blackjack Championship.”
Casinos in Austria | report ’08
CASINO LINZ IS NOT JUST A
GAMING VENUE, IT’S A PLACE
WHERE PEOPLE MEET.
Josef Kneifl, Casino Director
| 24 | | 25 |
CASINO LINZ
4020 Linz
Rainerstraße 2-4
Hotel Schillerpark
Tel.: +43 /732/ 65 44 87
Fax: +43 /732/ 65 44 87-17222
E-mail: linz@casinos.at
www.linz.casinos.at
FACTS
Guests: 224,625
Employees: 127
Revenues (in EUR): 18,069,878

eport ’08 | Casinos in Austria
THE TERRACE IS USED AS AN UPSCALE
LOUNGE IN THE SUMMER MONTHS,
CREATING SPACE FOR OUR FIRST-EVER
OUTDOOR BLACKJACK TABLE.
CASINO SALZBURG
5071 Wals-Siezenheim
Schloss Klessheim
Tel.: +43 /662/ 85 44 55-0
Fax: +43 /662/ 85 44 55-222
E-mail: salzburg@casinos.at
www.salzburg.casinos.at
FACTS
Guests: 189,253
Employees: 120
Revenues (in EUR): 11,483,143
Kurt Pipal, Casino Director
What better place to dream of fantastic winnings
than in a beautiful palace! Set in the magnificent
Schloss Klessheim, Casino Salzburg boasts a truly
majestic ambience. Grand staircases, sparkling
chandeliers and intricate stucco ceilings – you
don’t have to be royalty to feel special in such a
wonderful setting. In 2008, Casino Salzburg began
an extensive redesign program to maintain its
fitting position on the cutting edge of modern casino
gaming.
“We began by redesigning the ground floor area,
and from the middle of the year we had the complete
north wing ready for use as a multipurpose
event area for receptions, gaming related activities
like Poker tournaments and all manner of other
functions and events,” reports Casino Director Kurt
Pipal. “New furniture and heating were installed on
the terrace, enabling us to use it as an upscale
lounge in the summer months and creating space for
our first-ever outdoor Blackjack table.” In November,
work then began on the new, contemporary look for
the reception area. The renovations will continue into
2009, with the extensive new lighting concept implemented
at the end of February adding further sparkle
to this glittering casino.
The casino in Seefeld has become almost an emblem
of the Tyrolean Alpine town, with its towerlike
Münzturm building literally dominating the
skyline. Affectionately described as the “Austria's
coziest casino”, Casino Seefeld captivates
all aficionados of traditional rustic style. Regional
baroque and handcrafted rural antiques and
artifacts complement the interior wood paneling
to complete the Alpine look. And as host of the
annual Baccara World Championships, Casino
Seefeld becomes the center of attraction for a
large international fan community each year.
“When we ask our guests to describe Casino
Seefeld, they repeatedly emphasize our unique
ambience, extensive gaming mix, great choice of
entertainment and excellent customer service,”
says Casino Director Ernst Hubmann, referring
to the casino’s all-round entertainment concept.
A range of different initiatives in all these areas
also characterized our policy in 2008. “We increased
our popular Poker and tournament activities,
hosted around 2,500 guests at our bigprize
club events and created yet another feel
good factor with our newly designed casino bar,”
explains Hubmann.
Casinos in Austria | report ’08
THE NEW DESIGN OF THE CASINO BAR
CREATES YET ANOTHER FEEL GOOD
FACTOR IN AUSTRIA’S COZIEST CASINO.
CASINO SEEFELD
Ernst Hubmann, Casino Director
6100 Seefeld
Bahnhofstraße 124
Hotel Karwendelhof
Tel.: +43 /5212/ 23 40
Fax: +43 /5212/ 23 40-222
E-mail: seefeld@casinos.at
www.seefeld.casinos.at
| 26 | | 27 |
FACTS
Guests: 138,832
Employees: 103
Revenues (in EUR): 11,428,428

eport ’08 | Casinos in Austria
A MIX OF SEEING AND BEING SEEN,
HIGH-LEVEL CONVENTIONS, EXQUISITE
CUISINE AND AN IMPRESSIVE
GAMING AREA.
CASINO VELDEN
9220 Velden
Am Corso 17
Tel.: +43 /4274/ 20 64
Fax: +43 /4274/ 20 64-222
E-mail: velden@casinos.at
www.velden.casinos.at
FACTS
Guests: 251,817
Employees: 132
Revenues (in EUR): 18,190,274
Othmar Resch, Casino Director
Only a privileged few are fortunate enough to have a
house on the shores of Lake Wörthersee with breathtaking
views over Austria’s most beautiful lake. Casino
Velden is one of those lucky few and happily shares its
good fortune with all its guests. True connoisseurs like
to arrive in style by boat, docking at the casino’s private
landing pier. The most popular spot in the casino
is, of course, the terrace, where not only do guests
enjoy the fantastic view over the lake, they also have
the chance to try their luck at the open-air gaming
tables. The Casineum provides the casino with its very
own function center offering a perfect setting for any
event, while the glass façade ensures that the main
attraction – the lake – always remains center stage.
“Casino Velden enjoys a unique location overlooking
the Wörthersee bay and exudes a very special flair
with its mix of seeing and being seen, high-level conventions,
exquisite cuisine and impressive gaming
area,” says Casino Director Othmar Resch, praising
Casino Velden’s many attractions. Just some of the
events regularly hosted at the casino include the traditional
Fête Blanche celebrations, when over 10,000
party-goers dressed all in white flock to the town, or
the CEE Forum attended by leading representatives
from the worlds of politics and industry.
The oldest building in Vienna’s Kärntner Straße,
Palais Esterházy, is now a mecca for top-class
gaming in the Austrian capital. With its central
location close to both the State Opera and
the landmark St. Stephen’s Cathedral, Casino
Wien indulges its guests with cutting edge gaming
on three lavish floors – from slot machines
to its very own first-class Poker Lounge. It was
the increased demand for Poker that prompted
Casino Director Reinhard Deiring to convert
the second-floor bistro into a dedicated Poker
Lounge in 2008. With the conversion completed
in a record-breaking three weeks, the new Poker
Lounge is styled in contemporary gray and purple
flannel, dark wood and leather, features a
sparkling bar of glass, mirrors and flat screens,
and offers guests a choice of five Poker tables.
This conversion, together with the restyling of
the impressive Fuchs Room and a complete
facelift to the gaming area in the Jackpot Casino
have all added to the casino’s attraction.
“International gaming and unique service combined
with the sheer elegance of a Viennese palace
are the best possible ingredients for success,”
says Reinhard Deiring confidently.
Casinos in Austria | report ’08
INTERNATIONAL GAMING AND UNIQUE
SERVICE COMBINED WITH THE SHEER
ELEGANCE OF A VIENNESE PALACE.
Reinhard Deiring, Casino Director
| 28 | | 29 |
CASINO WIEN
1010 Vienna
Kärntner Straße 41
Palais Esterházy
Tel.: +43 /1/ 512 48 36
Fax: +43 /1/ 512 48 36-21222
E-mail: wien@casinos.at
www.wien.casinos.at
FACTS
Guests: 364,163
Employees: 213
Revenues (in EUR): 43,656,209

eport ’08 | Food & Beverage
Panem et circenses
Fine dining is one of the many highlights of a great night out at the casino. Casinos Austria’s restaurants
and bistros offer a broad range of mouthwatering culinary delights in some of the most
attractive and elegant settings in Austria.
Marcel Vanic stands in his shiny stainless
steel kitchen, watching his team of
chefs with a look of absolute concentration on
his face. Ten servings of olive-crusted sea bass
on a bed of saffron linguine with braised tomato
and fennel are about to be dispatched to the
restaurant, and every last move must be timed
to perfection. One last adjustment on the plate,
a final sprinkling of fennel fronds. Then a procession
of waiters sweeps through the electric
doors, and within seconds the plates are gone.
Silently, the chefs turn, their attention already
focused on the next order.
A typical snapshot of life behind the scenes in
the restaurant at Casino Velden. As if its location
on the shores of beautiful Lake Wörthersee
in one of Casino Austria’s most impressive buildings
were not enough, the trend-setting restaurant
has also set itself the highest culinary goals. TV
chef Marcel Vanic is the casino’s Food & Beverage
(F&B) Manager, directing not only the award-winning
restaurant (praised by the Gault Millau Guide
for its “distinctive style and elegance”), but also
four bars, two terraces and a bistro. And there’s
more: when the Casineum, the casino’s multipurpose
conference and event center, hosts a really
large event, Vanic and his team are naturally also
on hand to conjure up culinary delights for up to
1,000 guests. And when the reputation of such a
well-established team whets the appetite of customers
far beyond the casino walls, the opportunity
cannot be ignored – so the F&B department
at Casino Velden now also handles catering in the
VIP area at Klagenfurt football stadium.
Special events and culinary highlights have always
played a starring role at Casinos Austria. It’s
part of our corporate branding strategy to market
a visit to the casino as an all-round experience
and establish our casinos as leading tourist attractions
and pillars of society in their host regions.
The restaurants and bars in most of our casinos
are run by partner companies, while teams
of professional event organizers are on hand to
provide support at major events, when thousands
of visitors can represent a huge challenge for the
local infrastructure.
Casino Innsbruck, for example, works hand-inhand
with the Hilton Hotel just next door. In Linz,
the Tourist Office provides the necessary infrastructure,
while in Graz it’s the adjacent Congress
House. The situation in Baden is rather unique
– the casino’s proximity to Vienna can mean a
huge difference between weekdays and weekends.
There are often three times as many guests –
we’re referring to the restaurant here – on a Saturday
as there would be on a typical weekday. Since
Grand Casino Baden is also a regular conference
venue, not to mention a highly popular location
for ball nights in the carnival season, there is really
only one partner who can handle such strong
fluctuations in demand, confirms F&B Manager
Oliver Kitz: “We’ve been working successfully with
Do&Co for many years.”
In 2004, Casinos Austria founded a subsidiary
company – Casinos Austria Gastronomiebetriebs
GmbH (CAGAST) – to operate the restaurants in
a number of casinos. CAGAST currently runs the
Lake Wörthersee F&B emporium, the bar at Casino
Seefeld, as well as the gourmet restaurants at the
casinos in Kleinwalsertal, Kitzbühel and Bregenz.
Over in Kitzbühel, master chef Walter Hiedl is
renowned for his love of adding a contemporary
twist to traditional Austrian cuisine. Although the
tastes of the town’s clientele – a mix of more conservative
local residents and international visitors �
Food & Beverage | report ’08
| 30 | | 31 |

eport ’08 | Food & Beverage
– can be hard to play to, this particular culinary
approach has proved extremely popular. Austrian
specialties naturally also feature strongly on
the menu at the other casino restaurants, even
if they are complemented by the occasional turbot
or Italian-influenced creation, as Oliver Kitz
explains: “The Austrian touch is an important part
of our F&B concept. We cater to many international
guests, and they would be really disappointed
if all we offered them was standard, international
fare and none of the world-famous Viennese
dishes.” This is why CAGAST restaurants – and all
the other casino F&B operations – primarily use
locally sourced Austrian products. They also work
closely with the Bund Österreichischer Gastlichkeit
(“Austrian Hospitality Association”), an organization
set up to promote traditional cooking skills
and styles in the restaurant industry. And when it
comes to ingredients that cannot be sourced lo-
cally – like exotic fruits, spices and coffee – the
casino restaurants are careful to choose Fairtrade
products wherever possible.
An important part of our concept is ensuring that
we offer a high standard of cuisine without trying
to overshoot the mark. In our experience, casino
guests tend to be the kind of people who enjoy
good food and appreciate quality. But dining is
just one element of the casino experience – the
card tables, the Roulette wheel and the slots are
all equally part of the fun.
That probably explains why our dining packages
are some of our most popular products, offering
guests the chance to combine an elegant meal with
a few hours excitement at the gaming tables at
unbeatable prices. In 2008, over 180,000 guests
purchased packages from this range.
Our Dinner & Casino package, for example, costs
57 euro and includes a four-course meal and welcome
chips to the value of 25 euro, valid at both the
tables and the slot machines. This package is also a
very popular gift – a four-course meal in a glamorous
casino setting is a wonderful experience in itself
– whether Lady Luck proves to be on your side or not.
If you don’t have the time or appetite for four
courses, there are also a range of “lighter” options
to choose from – such as the Surf & Turf
Package (steak, shrimp and welcome chips to the
value of 25 euro) for just 40 euro or Bistro & Casino
(a choice of dishes from the Bistro menu and
welcome chips to the value of 25 euro) for only 29
euro. The Dinner & Roulette Package probably has
the greatest fun factor and is particularly recommended
for small groups: after they have finished
their four-course dinner, a portable Roulette table
is wheeled in, and the guests are given the chance
to play for the price of their meal. The number the
ball lands on is the price the guest pays, in other
words between 0 und 36 euro. Winning in this
kind of fun atmosphere tends to bring on a fit of
generosity: whenever someone lands on zero, they
almost always choose to celebrate by ordering a
round of drinks.
DINNER & CASINO NIGHT
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:
� The exclusive four-course Dinner & Casino menu
� Welcome chips to the value of 25 euro
� A glass of sparkling wine at the casino bar
� One night’s hotel accommodation with buffet
breakfast for only 129 euro per person sharing a
double room (supplement for single occupancy
on request)
With Austrian cuisine, Austrian hospitality and
Austrian wines all so closely linked to the fine
dining on offer in our casinos, Casinos Austria
has a long history of promoting these important
aspects of our national culture. We sponsor the
annual Goldene Traube (“Golden Grape”) award,
which recognizes particularly exceptional wines
from the Burgenland region. The Österreichische
Wein Salon (“Austrian Wine Salon”) also tours all
12 Austrian casinos each year, with a series of
events offering guests the opportunity to taste
and compare the several dozen prize-winning
wines selected by the Salon’s independent jury
of experts from literally thousands of entries
from all wine-growing areas in Austria.
The most prestigious of the Casinos Austria gourmet
awards is undoubtedly the Goldene Roulette
Kugel (“Golden Roulette Ball”). This quite simply
recognizes the best of the best and is presented
each year in cooperation with the leading restaurant
guide Gault Millau. Former prize-winners include
many of Austria’s most famous restaurants,
including Steirereck and Korso in Vienna, Obauer
in Werfen and the Arlberg Hospiz in St. Christoph,
with the 2008 award going to Lisl Wagner-Bacher
of Landhaus Bacher in Mautern.
�
DINNER & CASINO
For only 57 euro, why not enjoy our:
� Exclusive four-course Dinner & Casino menu
� Welcome chips to the value of 25 euro
� A glass of sparkling wine
Food & Beverage | report ’08
� 4 Paroli chips (place your Paroli chips on the right
number in three successive spins of the Roulette
wheel to win 7,777 euro in gold)
Not available on 24 and 31 December.
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eport ’08 | Casinos Austria International
A Global Player
The Casinos Austria Group is renowned throughout the world for its diverse
range of top-class casinos. Its international subsidiary, Casinos
Austria International, was founded in 1977 and is now a leading player in the
global casino industry. With its unique portfolio of casino consulting, development,
management and investment services, Casinos Austria International
has successfully realized more casino projects in more jurisdictions than
any other casino operator worldwide. Service, quality, integrity, responsibility
and innovation are the driving forces behind the company's success and are
reflected in all its business activities.
Casinos Austria International – Facts and Figures 2008
At the end of 2008, Casinos Austria International operated a total of 63 casinos
in 18 countries and on board 11 cruise liners, including new casinos in
Chile and Argentina. Together, these 63 casinos welcomed 20 million guests
and employed 11,200 people in 2008. They offered gaming entertainment at
a total of 1,000 gaming tables and 11,600 slot machines, generating aggregate
revenues (win, registered tips, entrance) of 1.1 billion euro. Particularly
strong growth was reported by operations in Argentina, Australia, Belgium,
Egypt and Switzerland.
Organizational Changes and New Horizons
Over the past 30+ years, Casinos Austria International has successfully
achieved its goal of becoming a leading player in the international casino
industry. But these are dynamic times for the international gaming industry.
New products are constantly appearing on the market, innovation cycles are
becoming shorter and the regulatory environment is increasingly complex.
To address these developments, the Casinos Austria Group underwent a major
restructuring process in 2008 – bringing the individual companies in the
Group closer together and creating the first gaming group in a position to
offer its clients a complete range of gaming solutions and products from a
single source.
As part of this restructuring process and to support the integration of new
gaming products into our portfolio, the Board of Casinos Austria International
was extended with effect from 15 July 2008. CEO Paul Herzfeld and
CFO Josef Leutgeb were joined on the Board by Karl Stoss as Chairman and
Dietmar Hoscher as Director.
Casinos Austria International | report ’08
International Developments 2008
For Casinos Austria International and for the casino industry in general, 2008
was a challenging year, characterized by contradictions and regulatory issues,
in particular the introduction of smoking bans and announcement of
future increases in gaming taxes in a number of countries. But for Casinos
Austria International, it was also a year of new beginnings.
We added a further country to our casino map in July with the opening of Gran
Casino Los Angeles in Chile and consolidated our entry into the Chilean market
at the end of August with the award of the concession for a second casino, this
time for the city of Ovalle in the Coquimbo region. Our local subsidiary in Argentina,
Entretenimientos y Juegos de Azar (ENJASA), the only company licensed to
operate games of chance (casinos, lotteries and slot machines) in the northern
province of Salta, continued its development program, launching live gaming at
two of its popular slot venues. The new fully-fledged casinos were renamed
Casino Oran and Casino Tartagal to reflect their new status.
Following the successful opening of Queens Casino and Casino Silverstar in
December 2007, our partner in South Africa, JSE-listed gaming and entertainment
company Gold Reef Resorts, marked the opening of all facilities
at Casino Silverstar – which boasts the largest water feature in the Southern
Hemisphere - with an extraordinary launch function in April.
In Europe, Grand Casino Beograd in the Serbian capital celebrated its completion
with a spectacular Gala Weekend in February, an event that will be talked
about in the European casino industry for many years to come. Spielbanken Niedersachsen,
our subsidiary in Germany, consolidated its activities in Osnabrück,
merging the two existing casinos in the city into a new ultra-modern themed
venue. The “new” Hollywood Casino Osnabrück opened in April 2008.
Naturally, the global economic crisis also had its impact on the casino and gaming
industries. This led to two of our smaller casinos in the Czech Republic
– Casino Ceske Budejovice and Casino 777 Teplice – being closed in October.
Similarly, the casinos on board two luxury cruise yachts, the SeaDream I and
SeaDream II, no longer proved economically viable, and we withdrew from these
operations in December. Several of our casinos also felt the impact of the introduction
of smoking bans or increases in gaming taxes in their jurisdictions. �
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eport ’08 | Casinos Austria International
At the end of 2008, Casinos Austria International operated 63 casinos in 18 countries and on board 11 cruise liners
Outlook 2009
All in all, Casinos Austria International can look back on a positive business
year in 2008, with its casinos around the world continuing to demonstrate
their strength and class. This was again recognized by the industry,
and we were voted “Best European Casino Operator” for the
second year in succession at the Empire Events Gaming Awards in London
in January 2009.
We remain optimistic for the future and see strong potential in our existing
casino operations and new strategic growth opportunities established
through our new product portfolio and our ongoing casino development
projects. We were awarded an operating license for the United
Kingdom in October 2008 and will be opening our new casino in Ovalle,
Chile in early 2011. New casinos are currently under development in
Prague, Czech Republic, and in Hanover, Germany, while construction
work continues on the permanent location for Grand Casino Brussels in
the city’s former Anspach Center. At the end of 2008, we announced our
intention to sell our stake in Grand Casino Beograd to Club Hotel Loutraki
– where Casinos Austria International is already a shareholder – and
intensify our business relationship with our Greek partners through their
possible investment in Grand Casino Brussels.
We are also evaluating further projects and investment opportunities in
other parts of the world. We follow global developments closely and are
constantly on the lookout for expansion opportunities. Our new product
portfolio is a core element in our expansion strategy, and we intend to
use our international market know-how to develop and market the entire
Casinos Austria International | report ’08
range of Casinos Austria Group products and services – from casinos
and lotteries to sports betting, online gaming, video lotteries and slot
parlors – in the international marketplace.
Casinos Austria International will naturally also continue to draw on its extensive
experience to improve the product and entertainment opportunities
on offer at its existing operations around the globe. Our well-established
knowledge and best practice exchange programs, annual casino conference
and international market research activities all contribute greatly
to assisting our casinos and local partners to grow successfully in their
local markets.
�
The Casinos Austria International Board of Directors with the “Best European Casino Operator”
award: (l. to r.) Josef Leutgeb, Paul Herzfeld, Karl Stoss, Dietmar Hoscher
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eport ’08 | Casinos Austria International
Grand Casino Brussels, Belgium www.gcb.be
Set in the heart of the capital of Europe, Grand Casino Brussels opened in December
2005. With its contemporary amber and red interiors, the casino offers an exciting
blend of elegant and relaxed gaming and entertainment. Each of its three floors has
its own very unique ambiance: from the ground floor gaming areas with over 20 tables
and 200 slot machines to the VIP club, newly refurbished and rebranded 360° steak
restaurant and Cotton Club multipurpose function room on the upper levels.
Europe
Casinos Austria International | report ’08
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Belgium
Casinos Austria International opened its casino in the Belgian capital in December 2005,
celebrating the event with a spectacular Gala Opening in January 2006. Following legislative
changes in 1999 and the creation of the Belgian Gaming Commission, the region of Brussels
had requested the right to have a casino in its territory to complement the eight existing casinos
in the Flanders and Wallonia regions. An international tender was launched, and in June
2004 Brussels City Council voted to award the concession to Casinos Austria International.
The result was the elegant yet contemporary Grand Casino Brussels – the ninth and final casino
concession in Belgium. Currently located in the beautifully restored Salle de la Madeleine,
construction work was ongoing throughout 2008 at the permanent location for Grand Casino
Brussels in the city’s former Anspach Center.
Czech Republic
Casinos Austria International has been active in the Czech Republic since 1989. Our six casinos
in the country – Casino Grand in Brno, Casino Palais Savarin in Prague, Casino Savoy in
Folmava, City Casino in Pilsen, Pupp Casino Club in Karlovy Vary and Casino 777 Brno – are
managed by two subsidiaries: Czech Casinos a.s. and Casinos 777, which will be merged in
2009 to streamline operations. Both companies are represented in the European Casino Association,
and Czech Casinos has held the presidency of the Czech Casino Association since
2002. As part of a restructuring process in 2008, we closed two casinos (Casino Ceske Budejovice
and Casino 777) in the Czech Republic and began construction work at a new site in
Prague. Our casino in the capital will relocate to its new, modern venue in the course of 2009.
Casino Grand (2) www.czechcasinos.cz
Casino Grand is located in the Grand Hotel in Brno, the principal city of the province of
Moravia, a region famous for its quality white wines. Brno is home to the largest exhibition
center in Central Europe, attracting thousands of visitors each year. Casino Grand
is one of the leading casinos in Brno, offering a wide range of facilities, including table
gaming, slot machines, TouchBet Roulette, extended opening hours and a foreign currency
exchange service.
Casino Palais Savarin (1) www.czechcasinos.cz
Currently located in Prague’s famous Palais Savarin, Casinos Austria International’s flagship
casino in the Czech capital will move to a prime new location in a pedestrian zone
nearer the city center in mid-2009. The luxurious new Chevalier’s Casino will be situated on
the ground floor of a refurbished former bank and will set itself apart from other casinos
in the city’s competitive gaming market with its unique hybrid casino lounge bar concept,
contemporary design and cutting edge gaming mix.
Casino Savoy (3) www.czechcasinos.cz
First opened in 2001, Casino Savoy is located near the Czech-German border town of Folmava
in the beautiful Sumava and Böhmerwald national park area and attracts visitors from as far
afield as Munich and Regensburg. Casino Savoy is one of our largest operations in the Czech
Republic, offering a choice of table games, slot machines and TouchBet Roulette, as well as a
hotel and a separate Spielstub'n bar with additional slots and Multi-Roulette terminals.
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Casino 777 Brno (1) www.casino777.cz
Brno is the second largest city in the Czech Republic. A convenient location close to
Prague and neighboring Austria and Slovakia makes Brno an active commercial center,
with its impressive medieval architecture attracting visitors all year round. The
main town square dates back to the 13th century and is now also home to Casino
777 Brno, offering guests relaxed gaming in a warm and friendly ambience, as well
as a bar service and a satellite TV lounge.
City Casino (2) www.czechcasinos.cz
Pilsen is situated on the main route between Bavaria and Prague and is an important
business, industrial and cultural center intrinsically linked with the acclaimed Pilsen
Urquel beer. City Casino was opened in 1991 and moved to a prime location on Pilsen's
main square in 1998. The lively casino has rejuvenated the city's casino business with its
contemporary design, delicate pastel shades, spacious table gaming area and excellent
bar and lounge facilities.
Pupp Casino Club (3) www.czechcasinos.cz
Pupp Casino Club is located in the Grand Hotel Pupp in Karlovy Vary, a town dating back
to 1358 and one of Europe's best known spas. Karlovy Vary was once a popular destination
for the European aristocracy and regularly visited by Czar Peter the Great. The cultured
atmosphere of the casino, with its broad gaming mix, classic-style interior design
and historic ambience makes it a popular meeting point for local guests and the many
tourist visitors to the town.
Denmark
Casinos Austria International opened its first casino in Denmark in 1990 and currently operates
three of the country’s six casinos: Casino Copenhagen, Casino Munkebjerg Vejle and
Casino Odense. All Danish casinos are represented both on the Danish Casino Association –
which is chaired by Casino Copenhagen – as well as on the European Casino Association. The
implementation of the nationwide smoking ban that came into effect in all public buildings
and private businesses in Denmark in August 2007 continued to impact the gaming industry
throughout 2008, and most of the country’s casinos initiated restructuring measures to
respond to the changing trading conditions. Table gaming was less affected by the ban, with
Poker products in general and Poker tournaments in particular continuing to prove extremely
popular with guests.
Casino Copenhagen (4) www.casinocopenhagen.dk
The only casino in the Danish capital is situated in the luxurious Radisson SAS Scandinavia
Hotel, which enjoys an enviable location overlooking the old city ramparts. Casino
Copenhagen complements its attractive gaming mix of 23 tables and 150 slot machines
with a range of exclusive packages offered in cooperation with the hotel's four world-class
restaurants. Opened in 1990, the elegant casino has been a venue for several movies,
including Bille August's "Smilla's Sense of Snow".
Casino Munkebjerg Vejle (5) www.casinomunkebjerg.dk
Set in the Munkebjerg Forest in Central Jutland, with superb views of the stunning Vejle
Fjord, Casino Munkebjerg Vejle shares its facilities with one of Denmark's finest hotels.
As part of the Hotel Munkebjerg complex, the casino is linked to the 27-hole Munkebjerg
Golf Club and offers a range of themed packages like “Golf and Gourmet”, “Dinner and
Casino” and “Weekend Breaks”, which perfectly complement its state-of-the-art gaming
mix and dining facilities.
Casino Odense (6) www.casinoodense.dk
A popular tourist destination with a strong cultural heritage, Odense is the birthplace of
Hans Christian Andersen. Casino Odense is set in the luxurious Radisson SAS H. C. Andersen
Hotel, whose Hans Christian restaurant is praised by gourmets around the world for its
fine cuisine. The casino was extensively refurbished in 2008 with the support of local architects
and artists and successfully combines traditional and modern interior elements
with clever lighting features.
Casinos Austria International | report ’08
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Germany
The acquisition of Spielbanken Niedersachsen GmbH (SNG) in 2005 provided Casinos
Austria International with a major foothold in the German casino market. SNG is the
third largest casino operator in Germany and the only company licensed to operate
casinos in the state of Lower Saxony. In addition to the launch of a corporate reorganization
process, two major construction projects dominated events at SNG in 2008. In
Osnabrück, the casino at the railway station site was extensively redeveloped and the
city’s two casinos merged into a stunning new Hollywood-themed casino that opened in
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April. Construction work also continued throughout the year on SNG’s largest project to
date: the development of its new casino in the state capital due to open in early 2010.
Aquamarin Casino Seevetal (8) www.casino-seevetal.de
Lower Saxony's first themed casino makes quite a splash on the outskirts of Hamburg,
taking its unique, underwater theme to new depths. Guests at Aquamarin Casino Seevetal
try their luck alongside an 8,000 liter aquarium of tropical fish at a choice of over
150 slot machines, at Multi-Roulette or in Germany's first intranet casino, CyberGame.
The casino is located in Hotel and Restaurant Krohwinkel, where a range of culinary
delights awaits.
Casino Bad Zwischenahn (7) www.casino-bad-zwischenahn.de
Luck has been in season in Bad Zwischenahn since 1976, when a beautiful half-timbered
building in the lakeside spa town became home to its casino. Casino Bad Zwischenahn
offers an extensive choice of gaming tables and the latest slot machines and regularly
hosts the German Poker Championship. Extraordinary flair and an array of culinary delights
are also close at hand in the hotel's gourmet Fischer- and Jägerstuben or awardwinning
Apicius restaurants.
Hollywood Casino Osnabrück (9) www.spielbank-osnabrueck.de
Marilyn Monroe, Elvis and Charlie Chaplin all found their way to Casino Osnabrück in
April 2008. With its "Hollywood" theme, the new Casino Osnabrück offers an impressive
selection of gaming machines as well as live gaming at a choice of American Roulette,
Blackjack and Poker tables. Major sporting events are broadcast live on 14 high tech
screens, and the casino complements its top-class gaming mix with a wide variety of
events to ensure every guest enjoys a winning night out.

eport ’08 | Casinos Austria International
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Spielbank Bad Bentheim (1) www.spielbank-bad-bentheim.de
Nestled at the foot of historic Bad Bentheim's imposing medieval castle lies another winning
attraction. Opened in 1976, Spielbank Bad Bentheim offers exciting gaming entertainment
with over 100 of the latest Multi-Roulette terminals and slot machines and is always a popular
destination with visitors to this romantic spa town near the Dutch-German border. The casino’s
gaming operations were updated and extensive renovations to its facilities completed in 2008.
Spielbank Bad Harzburg (3) www.spielbank-bad-harzburg.de
With its enviable location in the Harz National Park, the historic spa town of Bad Harzburg is
a popular tourist destination. Its stylish, elegant casino is located in the spa park and offers
Roulette and Blackjack tables and a selection of the latest video and slot machines. Spielbank
Bad Harzburg shares its premises with the spa hotel Michels Kurhotel Vier Jahreszeiten,
where guests can enjoy fine dining in the gourmet restaurant after a drink at the bar.
Spielbank Bad Pyrmont (2) www.spielbank-bad-pyrmont.de
The neo-classic architecture of the concert hall sets the tone for the casino in the popular
spa town of Bad Pyrmont, where traditional and modern elements interplay harmoniously
under one roof. First opened in 1975, Spielbank Bad Pyrmont was completely
renovated in 2004 and now focuses solely on slot machine gaming, offering a choice of
over 100 slot machines and Multi-Roulette terminals, including the Niedersachsen Jackpot
that links all casinos in Lower Saxony.
Spielbank Borkum (4) www.spielbank-borkum.de
Everyone is a winner on the North Sea island of Borkum. This popular holiday destination offers
something for all its visitors, and a vacation on Borkum is guaranteed to be an unforgettable
experience. But no stay would be truly complete without a visit to the island's casino.
Spielbank Borkum first opened in 1978 and offers guests gaming fun and excitement at an
extensive selection of the latest slot machines and Multi-Roulette terminals.
Spielbank Hannover (6) www.spielbank-hannover.de
Spielbank Hannover, the casino in the heart of Lower Saxony’s capital, has welcomed over six
million visitors since it opened in 1975 and offers a choice of Roulette, Blackjack and Poker tables
as well as an impressive selection of slot machines and Multi-Roulette terminals. Throughout
2008, work also continued on the development of the new casino in Hanover, which will
combine state-of-the-art gaming with extensive entertainment, dining and conference facilities.
Spielbank Norderney (5) www.spielbank-norderney.de
Miles of beaches, unspoilt sand dunes and fresh sea air: just some of the spectacular outdoor
treats to be found on the North Sea vacation island of Norderney. But holidaymakers also
find themselves treated to some equally delightful indoor fun at the island's casino. With a
choice of modern slot machines and Multi-Roulette terminals, Spielbank Norderney offers so
many different ways to win, including the chance to hit the regional Niedersachsen Jackpot.
Spielbank Wolfsburg (7) www.spielbank-wolfsburg.de
Wolfsburg is not only home to Volkswagen, it is also becoming an increasingly popular tourist
destination, and visitors are spoilt for choice by the many attractions it has to offer. A visit
to the casino complements a tour of the famous Autostadt car city or a seat in the stadium
cheering on local soccer heroes VfL Wolfsburg. Spielbank Wolfsburg offers exciting entertainment
at an extensive selection of the latest slot machines and Multi-Roulette terminals.
Greece
Casinos Austria International has been active in the Greek gaming market since the
1980s and currently holds a stake in the country’s leading casino, Club Hotel Casino
Loutraki. Located in a stunning resort complex overlooking the Corinthian Gulf in the
coastal spa town of Loutraki some 70 km south of the capital, Athens, Club Hotel Casino
Loutraki is not only the top casino in Greece, it is also one of the largest, best-known
and most successful casinos in Europe. Procedures for the extension of the geographical
exclusivity of Greek casinos are expected to commence in 2009.
Casinos Austria International | report ’08
Club Hotel Casino Loutraki, Greece www.casinoloutraki.com
Club Hotel Casino Loutraki opened in 1995 and is integrated in a resort complex that includes
a luxurious designer hotel with 255 rooms, 20 suites and a sophisticated, multipurpose
conference center. The resort’s impressive, newly renovated 5,000 square meter
gaming hall offers 80 gaming tables and 1,000 cutting-edge slot machines and welcomed
almost 1.17 million guests in 2008. The casino’s extensive support for culture and tourism
confirms its strong reputation as a responsible corporate citizen.
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Casinos Austria International | report ’08
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Hungary
Casinos Austria International has long played a pioneering role in the Hungarian casino
industry and launched our first casino in Budapest in 1981 – the first casino to
open behind the Iron Curtain and be run by an international operator. Over the past
25+ years, we have gone on to launch a total of 15 casinos across the country and
continue to operate three of them to this very day: Casino Györ, Casino Kecskemét
and Casino Sopron. All of these casinos are members of the Hungarian Casino Association
(HCA), which is also represented on the European Casino Association. Competition
in Hungary’s gaming sector remained strong in 2008, with lottery products
and slot halls competing with casinos for a share of the action, Poker continuing
to grow in popularity and a continued rise in the number of so-called Poker clubs
across the country.
Casino Györ (1) www.casinos.hu
Györ is situated in western Hungary near the borders with Austria and Slovakia,
close to both Vienna and Bratislava. A bustling border shopping destination with
a celebrated town center, Györ is a melting pot of Hungarian, Austrian and Slovak
culture and business. The elegant Casino Györ opened in 1993 in a historic building
in the main pedestrian zone and features an extensive selection of table games and
slot machines, many of which were updated in 2008.
Casino Kecskemét (3) www.casinos.hu
Only a short drive from the capital, Budapest, in the heart of Hungary's puszta plain
region, Kecskemét is famous for its culinary specialties, spas, viniculture, equestrianism
and hunting. Casino Kecskemét is situated in the town’s main hotel, offers
special room rates and dinner for out of town visitors and hosts regular party nights.
In keeping with market trends, a new form of Poker – Texas Hold’Em Bonus Poker –
was introduced in Casino Kecskemét in 2008.
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Casino Sopron (2) www.casinos.hu
Casino Sopron is situated prominently in Sopron's cultural center. The beautifully
designed casino prides itself on its high customer service standards and offers one
of the most competitive slot mixes in the region. Roulette is the game of choice for
most guests in the spacious table gaming area, and state-of-the-art betting terminals
are linked directly to one of the Roulette tables. The casino also offers nightly
buffets, weekly draws and regular themed party nights.
Romania
Casinos Austria International has played an active role in the competitive Romanian casino
market for over 17 years and was awarded the first casino license to be issued in the country
after the fall of the Iron Curtain. Our highly popular casino in the capital, Bucharest, was
launched to great acclaim in 1991 as the first casino to open in the new Romania. Inspired
by its location in the heart of the city, this stylish, modern casino, with the warm and welcoming
appeal of a players’ club, has firmly established its position at the center of Bucharest
night life. Casino Bucharest remains the destination of choice for those seeking a
great night out and the finest gaming experience in Bucharest, and is dedicated to offering
the ultimate entertainment experience to both casual visitors and gaming enthusiasts alike.
Casino Bucharest (4) www.casinobucharest.ro
Located in the heart of the city in the five-star InterContinental Hotel, Casino Bucharest
is distinguished by its contemporary elegance, sophisticated ambience and excellence
in guest services. Guests enjoy an enticing selection of popular casino games and the
latest slot machines, all with flexible limits and the most generous game rules in town.
The elegant bar and lounge areas are perfect for relaxing over a drink whilst taking in the
exhilarating energy of the casino.
Grand Casino Beograd, Serbia www.casino-beograd.com
Grand Casino Beograd is a multi-faceted luxury complex offering the largest selection of
casino games and entertainment in South Eastern Europe. In addition to cutting edge gaming,
the venue offers gourmet dining in its top-class Diva, Ginger and Chameleon restaurants,
function facilities, two bars, retail outlets and a separate VIP gaming area. With 25
tables and 230 slot machines, Grand Casino Beograd presents the very best in casino
gaming and entertainment in a contemporary, yet glamorous setting.
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eport ’08 | Casinos Austria International
Serbia
Grand Casino Beograd was the first casino to open in Serbia since the introduction of a
new Gaming Act in 2004 paved the way for the opening of up to 10 casinos across the
country. A subsequent Government Resolution allowed for the award of one concession
for Belgrade in 2005 and a further four licenses outside the capital by the end of 2008.
In December 2005, the Belgrade concession was awarded to Casinos Austria International
and its partners, Club Hotel Loutraki of Greece and the State Lottery of Serbia.
Grand Casino Beograd was subsequently completed in record time and began operations
in June 2007. The complex was continuously expanded throughout 2007 and celebrated
its success with a spectacular Gala Weekend in February 2008. Grand Casino Beograd is
the official representative of the Serbian casino industry in the European Casino Association.
In December 2008, Casinos Austria International announced its intention to sell its
stake in Grand Casino Beograd to Club Hotel Loutraki.
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Switzerland
Casinos Austria International has been active in the Swiss casino market for almost a
decade. Our equity participations in Switzerland are managed by our local holding company,
Casinos Austria (Swiss) AG, which also acts as know-how provider for our Swiss
cooperation partners and the Swiss Casino Association. Our first casinos in the country
– Grand Casino Bern, Grand Casino Luzern, Grand Casino St. Gallen, Casino St. Moritz,
Casino Schaffhausen and Casino Zürichsee – opened in 2002. In 2007, Casinos Austria
(Swiss) AG also successfully acquired a stake in Casinò Lugano, bringing its number of
casinos in Switzerland to seven, the largest portfolio of any operator in terms of number
of operations. Recent developments in the Swiss gaming market included the introduction
of smoking bans in some cantons and the announcement of planned changes to the
casino licensing and tax system.
Grand Casino Bern (2) www.grandcasino-bern.ch
Embedded in the Kursaal Bern complex in the heart of the Swiss capital, Grand Casino
Bern offers panoramic vistas extending from the historic old town (a UNESCO World Heritage
Site) to the snow-capped Alps. The casino boasts 15 gaming tables and 266 cashless
slot machines with 66 different games. The complex also features the four-star Hotel
Allegro, acclaimed Meridiano and Yù restaurants with 17 and 13 Gault Millau points respectively,
and extensive congress and banqueting facilities.
Grand Casino St. Gallen (1) www.grandcasinostgallen.ch
Located close to the border with Austria, St. Gallen is the largest city in eastern Switzerland.
Its elegant casino is ideally situated adjacent to the city's exhibition grounds and
the Radisson SAS Hotel St. Gallen and offers a choice of 15 live gaming tables and over
160 of the latest gaming machines, including the Swiss Jackpot, Europe’s largest widearea
progressive jackpot. Grand Casino St. Gallen also offers an American-style lounge
bar and extensive parking facilities.
Casinò Lugano (3) www.casinolugano.ch
Set against an Alpine backdrop on the shores of Lake Lugano, Casinò Lugano is more
than just a sophisticated gaming venue. Located in a refurbished former theater, its open
architecture has been designed to reflect modern gaming culture, yet still fit in perfectly
with its host city. With 30 tables and over 350 gaming machines, Casinò Lugano features
the largest gaming mix in Switzerland, a top-class panorama restaurant, five bars and
extensive banqueting facilities.
Casino St. Moritz (6) www.casinostmoritz.ch
Opened in December 2002 on the “top of the world” in the renowned Alpine resort’s
Kempinski Grand Hotel des Bains, Casino St. Moritz combines classic elegance with
warm Italian flair, featuring 6 gaming tables and a selection of 75 slot machines. Guests
can relax over a drink in the stylish Ivory Ball Lounge Bar or enjoy one of the casino's
many special events or regular promotions. A seasonal operation, Casino St. Moritz is
closed in May and November.
Casino Schaffhausen (4) www.casinoschaffhausen.ch
Located in the center of the medieval town of Schaffhausen in the north of Switzerland,
Casino Schaffhausen opened in 2002 and blends a unique combination of state-of-the-art
Casinos Austria International | report ’08
casino standards with the traditions of its historic setting and landmark building. With its
Las Vegas-style interior design, Casino Schaffhausen features a selection of 8 gaming tables,
over 120 slot machines, as well as fine dining and banqueting facilities for up to 180 guests.
Casino Zürichsee (5) www.casinozuerichsee.ch
Casino Zürichsee is located in the 4-star Seedamm Plaza Hotel on the southern shores
of Lake Zurich and has been themed to depict the many famous landmarks in the city of
Zurich, including the historic late-baroque Opera House or the famous "Bahnhofstrasse".
Casino Zürichsee offers a warm and relaxed atmosphere and features 12 gaming tables
and a choice of 150 state-of-the-art slot machines. Casino guests also have access to the
hotel's extensive parking lot.
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Grand Casino Luzern, Switzerland www.grandcasinoluzern.ch
With its magnificent setting on the shores of Lake Lucerne, Grand Casino Luzern offers
unparalleled, highest quality entertainment and dining. At the heart lie its Grand
Jeu and Jackpot casinos, with 13 gaming tables, 245 slot machines and 16 TouchBet
Roulette machines. Mediterranean cuisine is the order of the day in the acclaimed
Olivo restaurant with 14 Gault Millau points, while the extensive variety of events in
the Casineum ensure its place as a firm fixture in Lucerne’s nightlife.
Africa – Middle East
Casinos Austria International | report ’08
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Egypt
Casinos Austria International has a long history of success in the buoyant and competitive
Egyptian casino gaming market, opening our first casino in the country almost
twenty years ago in 1990. Together with our local partners, Casinos Austria International
operated two top-class casinos in Egypt in 2008: Casino Semiramis in the capital, Cairo,
and Casino Royale in the holiday destination of Sharm El Sheikh. Both these casinos are
located in five-star hotels in accordance with the country’s strict gaming laws.
Casino Royale (1) www.casinosaustria.com
Casino Royale enjoys a prime site in the five-star Maritim Jolie Ville Resort in the heart of
Naama Bay, Sharm El Sheikh on the southernmost tip of the Sinai Peninsula. With its beautiful
surroundings and elegant colonnade, the casino has become a focal point in the city and is
its premier gaming venue. Refurbished in early 2009, the interior is classic in design, offering
guests a choice of popular table games and slot machines in a relaxed club-like atmosphere.
Casino Semiramis (2) www.casinosaustria.com
Situated in the heart of the Egyptian capital in the five-star Semiramis Inter-Continental Hotel,
Casino Semiramis enjoys spectacular views of the River Nile. The casino has been a leader
in the Egyptian casino industry since it opened in 1990 and continued this trend-setting role
in 2008. Known for its hospitality and excellent service, the casino features a comprehensive
gaming mix with 13 live gaming tables and a wide selection of the latest slot machines.
Palestinian Autonomy
Casinos Austria International and its partners began operations in the Palestinian Autonomy
in September 1998. While operational, the Oasis Hotel Casino Resort in Jericho was
one of the company’s most successful operations worldwide, opening 24 hours a day and
featuring 124 tables and 278 slots. However, in July 2000, shortly after completion of the
resort’s five-star hotel, increasing political unrest in the region and the closure of the area
around Jericho to Israeli citizens and tourist visitors forced the casino to cease operations.
Oasis Hotel Casino Resort (3) www.casinosaustria.com
Although the Oasis Hotel Casino again remained closed throughout 2008, Casinos Austria
International closely monitors developments in the region, and the casino itself is kept
fully equipped, maintained and ready to reopen as soon as the political situation allows.
The hotel itself has always remained open and recently underwent refurbishment to its
pool areas and guest rooms.
South Africa
Casinos Austria International has been active in the South African casino market since the
1990s and holds a 22 percent economic interest in its local partner, Gold Reef Resorts
Limited. Listed on the Johannesburg Securities Exchange, Gold Reef Resorts is a gaming
and entertainment company that operates world-class resorts and entertainment complexes
throughout South Africa and currently has interests in seven resorts: Gold Reef City, Garden
Route Casino, Golden Horse Casino, Goldfields Casino, Mykonos Casino, Queens Casino
and Silverstar Casino. Each resort offers a diverse choice of entertainment, the highest levels
of customer service and world-class facilities: from casino gaming, fine dining and hotels,
to cultural and outdoor activities. Gold Reef Resorts is committed to offering its shareholders
consistent growth and contributing to the country as a responsible corporate citizen.
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eport ’08 | Casinos Austria International
Gold Reef City Casino, South Africa www.goldreefcity.co.za
Gold Reef City Casino near Johannesburg is a flagship operation in the Casinos Austria
International network. Set in a magnificent complex offering a winning combination of
theme park, Apartheid museum and casino gaming, Gold Reef City Casino opened in
May 2000 and has a look and feel best described as “Pure Jozi, Pure Gold”. Open 24/7,
the casino features 1,600 slot machines, 50 tables, a Salon Privé for high rollers and
“Barneys” – one of the largest smoking casinos in Southern Africa.
1 2
Garden Route Casino (4, see page 49) www.gardenroutecasino.co.za
Garden Route Casino opened in 2002 in one of the most beautiful locations in South
Africa: the town of Mossel Bay on the Garden Route overlooks the Indian Ocean and
boasts 24 km of unspoilt beaches. The thrilling facilities on offer at the casino include
376 slot machines, 16 gaming tables, a Salon Privé, buffet restaurant and sports bar, as
well as the award-winning Pinnacle Point golf course, 71 four-star golf lodges, 24 villas
and the 43-room Garden Route Hotel and Spa.
Golden Horse Casino (2) www.goldenhorsecasino.co.za
Golden Horse Casino in Kwazulu-Natal is much more than just a casino. Set in the Pietermaritzburg
hillside, the only casino in Africa linked to a racecourse promises a unique gaming
experience. The casino shares its premises with the Scottsville Racecourse and boasts a
96-room hotel, restaurants, conference facilities and the world’s largest statue of a horse: the
14-meter Pegasus. Its casino floor offers 450 slot machines, 16 tables and the exclusive Rosewood's
Room for high rollers.
Goldfields Casino (1) www.goldfieldscasino.co.za
Goldfields Casino and Entertainment Centre opened in December 2003 and is located in Goldfields
Plaza on Stateway, the main street in the city of Welkom. The contemporary design of
this premier destination combines an eclectic mix of style elements, with a clever use of colors
and textures creating warm, inviting spaces. The casino boasts 250 slot machines, 9 gaming
tables and a Salon Privé, as well as extensive banqueting, dining and bar facilities.
Mykonos Casino (3) www.casinomykonos.com
Mykonos Casino in Langebaan some 120 km north of Cape Town opened in December 2000
and brings great gaming entertainment to a resort already renowned as a water sports mecca.
Set in a Greek-styled self-catering and conference resort, the casino boasts an impressive selection
of 278 slot machines and 9 table games. The resort’s extensive facilities cater to both
young and old with its games room, choice of restaurants and bars, crèche service and health
and beauty spa.
Queens Casino (4) www.queenscasino.co.za
Queens Casino opened its doors to the public in December 2007 in Queenstown in
the Eastern Cape Province. Designed with a focal railway theme, the casino features
a beautifully restored steam locomotive once used to transport the then Princess
Elizabeth during a visit to South Africa. In addition to a choice of 180 slot machines
and 6 gaming tables, the new casino also offers a hotel, buffet restaurant, sports bar,
games facility and crèche.
Silverstar Casino (5) www.silverstarcasino.co.za
Opened in December 2007, Silverstar Casino is Gauteng’s first non-themed casino with
its unique, contemporary style and neo-African influences designed to reflect the natural
aesthetics of the area. The casino boasts 756 slot machines, 26 gaming tables and a
luxury hotel, whose 38 suites have superb views of the Fountain Spectacular, the biggest
water feature in the Southern Hemisphere. It also offers a choice of restaurants, bars and
conference facilities for up to 500 delegates.
Casinos Austria International | report ’08
| 50 | | 51 |
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eport ’08 | Casinos Austria International
1 2
3 4
5
The Americas
Argentina
Casinos Austria International’s first casino in Argentina opened in 1987 in the Andean
winter sports resort of Valle de Las Leñas. In 2000, we entered a cooperation with Entretenimientos
y Juegos de Azar (ENJASA), the only company licensed to operate casinos,
lotteries and slot parlors in the province of Salta, and reinforced this long and
successful partnership with the acquisition of a majority shareholding in December
2006. In an eventful year, 2008 saw the introduction of table gaming at Casino Oran
and Casino Tartagal in the interior of the province and the launch of the new Reno slot
hall in the capital, expanding ENJASA’s portfolio to 5 casinos and 15 slot halls. Lottery
developments throughout the year included the introduction of new lottery games and
the implementation of 500 online point of sale units.
Boulevard Casino (1) www.enjasa.com
Opened in 2004, Boulevard Casino is located in Salta's popular Alta NOA center, the region’s
main retail mall. The lively casino offers visitors a chance to take a break from their shopping
and try their luck at its Blackjack and American Roulette tables or extensive selection
of electronic gaming machines. Boulevard Casino was refurbished in 2008, offers a full bar
service and can be accessed either directly from Avenida Virrey Toledo or through the mall.
Casino Golden Dreams (2) www.enjasa.com
The popular Casino Golden Dreams first opened in January 2002 and is located in the downtown
pedestrian zone in the provincial capital, Salta City. It offers guests top-class gaming in
an expansive gaming area with a selection of more than 350 state-of-the-art electronic gaming
and slot machines and live gaming tables for American Roulette, Blackjack, Punto Banco
and Caribbean Poker. Casino Golden Dreams also has its own exclusive guest parking facility.
Casino Oran (4) www.enjasa.com
Located in San Ramon de la Nueva Oran (known locally simply as "Oran") in the interior of the
province about 270 km from the capital, Salta, the lively Casino Oran first opened in December
2000 as a slots-only venue. The modern casino expanded its gaming mix in June 2008 to
offer live gaming from Wednesday to Sunday at its American Roulette and Blackjack tables. A
popular destination for locals and visitors alike, the casino also offers a complete bar service.
Casino Salta (5) www.enjasa.com
Opened in August 2005, Casino Salta is located on the ground floor of Salta City's Sheraton
Salta Hotel only a few blocks from the downtown area in an exceptional location that
offers panoramic views of the city, the Lerma Valley and the Andes. The casino offers a
choice of American Roulette, Blackjack, Caribbean Poker and Craps tables, as well as a
large selection of state-of-the-art slot machines. It also features a VIP Lounge, bar and
piano area and valet parking.
Casino Tartagal (3) www.enjasa.com
Located in Tartagal in the north-west of the province of Salta, Casino Tartagal first opened in
December 2002 as a slots-only venue. This lively casino moved to a new location on the city's
main square in September 2008 and expanded its gaming mix to offer American Roulette,
Blackjack and Poker tables from Wednesday to Sunday. With its proximity to the borders with
Bolivia and Paraguay, the casino is popular with both local guests and international visitors.
Casinos Austria International | report ’08
Great Blue Heron Charity Casino, Canada www.greatblueheroncasino.com
Located on reserve land near the town of Port Perry, the Great Blue Heron Charity
Casino is one of Ontario’s finest casino properties. Aboriginal themes are depicted
throughout the building and on the uniforms worn by staff. Open 24/7, the casino
boasts an extensive gaming mix with 60 tables and 545 TITO-enabled, latest generation
spinning reel and video slot machines. It also features the Waters Edge buffet
restaurant and Lucky Stone and Heron Bar serving snacks and light meals.
| 52 | | 53 |

eport ’08 | Casinos Austria International
1 2
Casino Las Leñas (1) www.casinosaustria.com
Set at an altitude of 2,300 meters above sea level, Casino Las Leñas is the highest casino in
the world and was the first private casino in Argentina. The casino is located in the five-star
Hotel Piscis and offers a choice of live gaming tables and slot machines as well as a VIP gaming
room and a lively casino bar. A seasonal operation, the casino is only open in the southern
hemisphere's winter season, welcoming guests each year from mid-June to mid-October.
Canada
Casinos Austria International has been managing the Great Blue Heron Charity Casino – a
gaming complex 100 km northeast of Toronto, Ontario – for over a decade. Operated on behalf
of the Mississaugas of Scugog Island First Nation and the Ontario Lottery and Gaming
Corporation, the venue first opened in 1997 with a simple vision of providing economic de-
3
Australia - Asia
velopment and advancement opportunities for the Mississaugas of Scugog Island First Nation.
The casino has since evolved into a significant economic driver and one of the largest
employers in the region, reaffirming its ongoing commitment to strengthening and enhancing
its image as a model corporate citizen. The Great Blue Heron takes its role as a community
partner very seriously and has been widely praised for the active support provided by the
casino and its charitable foundation to many groups and organizations.
Chile
Casinos Austria International was awarded the concession to develop and operate our firstever
casino in Chile in July 2006. This latest development takes us further south on the map
than ever before – to Los Angeles, the capital of Chile’s Bío-Bío Region. Completed in record
time, the opening of the new Gran Casino Los Angeles was a highlight for Casinos Austria
International in 2008. Our expansion strategy in Chile was reinforced in August 2008, when
the gaming board awarded us the concession for a second operation in the country – the new
casino and tourism center in the city of Ovalle in the Coquimbo Region. Casino Gran Ovalle
will open in 2011 and combine gaming, tourism and culture in one luxury complex, with a
modern casino, a 4-star hotel, restaurants, bars, a conference center, museums, an open-air
theater and retail outlets promoting local products and crafts.
Gran Casino Los Angeles (2) www.grancasinolosangeles.cl
Opened in July 2008, CAI’s newest casino in the central Chilean city of Los Angeles reinforces
the city’s position as the gateway to the south of the country. Set in the heart
of the city, Gran Casino Los Angeles boasts a spacious design with striking woodwork
features, a bar, a restaurant and an unrivalled gaming experience at 12 tables, 200 slot
machines and a 40-seat Bingo room. The complex will also feature a top-class hotel with
90 rooms, spa facilities and a conference center, opening in 2009.
Australia
Casinos Austria International has a long and successful history of operations in the Australian
market and currently operates two casinos in the country: Casino Canberra in the
nation’s capital and The Reef Hotel Casino in Cairns, North Queensland. Both casinos
are members of the Australian Casino Association (ACA) and play an active role within
the organization. Casinos Austria International also holds direct and indirect interests
of approximately 42 percent in the Reef Casino Trust, the holding company that owns
The Reef Hotel Casino complex in Cairns. The Australian casino industry is competitive,
with a total of 13 casinos operating across the country, one in each state capital, as well
as a number in other regional locations. Casino gaming is regulated at state level and is
subject to stringent standards and gaming rules, as well as high levels of security.
Casino Canberra (3) www.casinocanberra.com.au
Casino Canberra is located on the eastern side of Canberra’s CBD in beautiful Glebe Park
adjacent to the National Convention Centre. The world-class gaming and entertainment
on offer at the casino includes an extensive selection of popular casino games, three welcoming
bars and the renowned The Grill Brasserie restaurant overlooking the park. The
heart and the soul of the city, Casino Canberra is known for its good corporate citizenship
and support for the community.
Casinos Austria International | report ’08
The Reef Hotel Casino, Australia www.reefcasino.com.au
Situated in Cairns, the capital of Queensland, The Reef Hotel Casino opened in 1996 and
is one of Australia's finest boutique casinos. The lavishly appointed casino offers an exciting
range of table games and over 500 state-of-the-art gaming machines. It also features
VIP facilities for premium players, two main bars and designated outdoor smoking areas.
The complex boasts a five-star hotel with 128 luxury suites, 4 restaurants, a nightclub
and a variety of bars and retail outlets.
| 54 | | 55 |

eport ’08 | Casinos Austria International
India
Casinos Austria International has been active in the Indian casino market since 1999 when
the western state of Goa amended its Gambling Act to allow the provision of table and slot
machine gaming on board offshore vessels in the inland waters off the state. At the time,
Casinos Austria International and its local partners were granted the only such license to
be awarded, securing their status as the first casino operator on the Indian sub-continent.
Due in part to the pioneering work carried out by Casino Goa, acceptance of casino gaming
as a form of entertainment has grown enormously in India over the past few years. Recent
gaming policy changes in Goa have led to the issue of further offshore licenses, and four additional
offshore casinos began operating on the Mandovi River in late 2008, with two more
vessels expected to join the market in 2009.
Casino Goa (1) www.casinogoa.biz
Located on the M.V. Caravela, a twin-engine catamaran named after the first Portuguese
armada to sail to Goa in the 16th century, Casino Goa opened in February 2001 and was
India’s first live gaming offshore casino. The vessel is specially designed to sail the inland
waters off Goa and features a wide choice of gaming tables and slot machines in a
unique, club-style atmosphere, complemented by live entertainment on the sundeck, in
the casino and in the lavish restaurant.
Shipboard Operations
With over 25 years of experience in the cruising casino sector, Casinos Austria International’s
turnkey solutions range from designing and equipping customized onboard casinos, recruiting
staff and managing the casino to developing the operation to ensure maximum returns
for the cruise line. We launched our first shipboard casino in 1981 and have since opened
casinos on board some of the world’s most prestigious ocean-going vessels. Management
of our cruising casinos in 2008 was shared between two subsidiaries: Casinos Austria Maritime
Corp. in Fort Lauderdale, Florida, and Shipboard Casino Services in Piraeus, Greece. Together,
they operated casinos on board vessels in the following fleets: Discovery Cruise Line,
Indian Ocean Cruises, Regent Seven Seas Cruises, SeaDream Yacht Club, Silversea Cruises
and Windstar Cruises. The office in Greece was closed in February 2009, when management
of its vessels was transferred to Casinos Austria Maritime.
Discovery Cruise Line www.discoverycruiseline.com
Casinos Austria Maritime has operated the casino on the 1,400-passenger Discovery Sun
since 1995. Discovery Sun makes daily trips from Fort Lauderdale, Florida, to Freeport,
Grand Bahama, and has been voted “Best Day Cruise” to the Bahamas by the readers of
Porthole Cruise Magazine for eight consecutive years. The casino was remodeled in 2008 to
incorporate a 10-seat electronic Texas Hold’Em table to complement its existing 8 gaming
tables and 117 slot machines.
Indian Ocean Cruises www.indianoceancruises.net
Skillfully refurbished in 2006, the four-star, 250-passenger Ocean Odyssey offers the distinctive,
intimate atmosphere of a sea-going yacht, backed by the excellent service of an experienced
and highly professional crew. Indian Ocean Cruises is the first cruise line to offer cruises
to the untouched tropical Lakshadweep Islands in the Arabian Sea, India’s smallest Union
Territory. Casinos Austria closed the casino on board the Ocean Odyssey at the end of 2008.
Regent Seven Seas Cruises www.rssc.com
Casinos Austria International has a long history of cooperation with Regent Seven
Seas Cruises and extended its concession agreements with the cruise line in 2007.
Cruising Casinos
1 Regent Seven Seas Mariner
In 2008, Casinos Austria International operated casinos on board the sister all-suite, allbalcony,
700-guest Seven Seas Voyager and Seven Seas Mariner and all-suite, 90 percent
balcony Seven Seas Navigator. Regent Seven Seas Cruises offers exclusive, unparalleled,
all-inclusive cruise vacations and consistently ranks as one of the world’s most
prestigious cruise lines. The company was voted “Best Large Ship Cruise Line” by
Condé Nast Traveler in 2008.
SeaDream Yacht Club www.seadreamyachtclub.com
The SeaDream Yacht Club’s twin, ultra-luxury mega-yachts, SeaDream I and SeaDream
II, each cater to only 116 passengers, offering the ultimate in elegant yachting, first-class
service and absolute privacy. The SeaDream Yacht Club has received numerous awards
and accolades and was recognized with a “World’s Best” in the prestigious Condé Nast
Traveler’s January 2007 Gold List. Casinos Austria International closed the casinos on
board the SeaDream I and SeaDream II at the end of 2008.
Silversea Cruises www.silversea.com
In 2008, Casinos Austria International operated casinos on three vessels in the Silversea
Cruises ultra-luxury, all-inclusive fleet: the 382-guest Millennium Class Silver Shadow, the
382-guest all-ocean-view-suite Millennium Class Silver Whisper and the 296-guest capacity
Silver Wind. Silversea Cruises reflects generations of maritime and travel experience and
pledges to build and operate the highest quality ships in the ultra-luxury segment. The company
is consistently lauded by leading consumer and trade publications and was honored
with Travel + Leisure’s “World’s Best Award” in 2008 for the seventh time.
Windstar Cruises www.windstarcruises.com
The casinos on board the three vessels in Seattle-based Windstar Cruises unique fleet of
exclusive five-star sailing yachts all opened in 2007: the 148-guest multi-sail-yachts Wind
Star and Wind Spirit and the 308-guest Wind Surf. A market leader in luxury small ship
cruising, Windstar Cruises offers cruise vacationers the chance to see the world in contemporary
luxury from the romantic, intimate setting of an elegant yet informal yacht.
Windstar Cruises has an impressive list of awards and was listed on Condé Nast Traveler’s
Annual Gold List of “Best Cruise Lines” in 2008.
Wind Surf Silver Shadow
Casinos Austria International | report ’08
| 56 | | 57 |

eport ’08 | Austrian Lotteries
(l. to. r. ): Karl Stoss (Chairman), Bettina Glatz-Kremsner (Director), Friedrich Stickler (Deputy Director General)
A Stroke of Luck
Lady Luck was definitely watching over Austrian Lotteries and its customers in 2008. Defying
the odds in a not particularly favorable economic climate, the company succeeded in increasing
its total sales for the year by 15 percent to 2.378 billion euro. Luck was also on the side
of the players, with total winnings hitting an unprecedented 1.7 billion euro.
There are some sales factors you can influence,
such as the timing of special promotions or
the introduction of bonus or additional cash prizes.
And there are some events that cannot be influenced:
they simply lie in the nature of the game and are
purely a matter of chance – like rollover jackpots,
where the prospect of even higher winnings or dream
of total financial independence and freedom produce
a significant increase in the number of lottery tickets
purchased.
At Austrian Lotteries, there were more such chance
events in 2008 than ever before. Its flagship national
Lotto “6 aus 45” (literally “6 from 45”) and
EuroMillions lotteries produced a particularly high
number of single and rollover jackpots, including
the first-ever five-times rollover jackpot in the 22year
history of Lotto “6 aus 45”. A six-times rollover
Europot for EuroMillions resulted in total prize
money of over 100 million euro.
There were also a number of impressive wins in
the double-digit millions in Austria: one player from
Carinthia won 55.6 million euro, another from Vorarlberg
almost 29 million euro and yet another from
Lower Austria more than 28 million euro. 31 other
lucky players also successfully matched six numbers
to become lottery millionaires.
Lotto "6 aus 45" Lottery
The company’s flagship lottery product recorded
555.34 million euro in sales in 2008, a 7.4 percent
rise compared to the previous year. The increase can
be attributed both to the large number of jackpots
(three additional jackpots and the first-ever five-time
rollover jackpot in the lottery’s history more than
compensated for three fewer triple rollover jackpots
than in 2007) and to the change in price of a Lotto
ticket to one euro.
Toto and Torwette Football Pools
Three special quarter-million rounds to mark the
UEFA EURO 2008 along with a six-times and an eighttimes
Extra Toto rollover jackpot boosted the Toto football
pool (incl. Extra Toto) in 2008 and resulted in a
2.8 percent increase in sales year-on-year to 11.66
million euro. The Torwette football pool (incl. Extra Torwette)
posted sales of 1.08 million euro.
Bingo
Bingo remained equally attractive to its fans in 2008
as it had been in the previous year. Sales for the year
amounted to 11.29 million euro, an increase of 1.02
percent compared to 2007.
EuroMillions
Ticket sales for the EuroMillions lottery profited greatly
from four major jackpot winners in Austria in 2008.
Favorable jackpot constellations – longer runs with
larger Europots than in the previous year – also had
a positive effect: EuroMillions sales increased by 17.6
percent to 170.88 million euro.
ToiToiToi Numbers Lottery
The ToiToiToi numbers lottery, drawn daily from Monday
to Saturday, posted sales of 17.04 million euro
– a slight decrease of 0.6 percent compared to 2007.
Zahlenlotto 1-90 Numbers Lottery
With three draws each week (on Tuesdays, Thursdays
and Saturdays), sales for the Zahlenlotto 1-90 numbers
lottery decreased by 3.2 percent in 2008 to 4.51
million euro.
Joker
Following on the heels of Lotto “6 aus 45” and
EuroMillions, sales for the Joker tote game showed
a very positive trend and were further boosted by a
price adjustment introduced in June 2008. These de- �
| 58 | | 59 |

eport ’08 | Austrian Lotteries
velopments resulted in sales of 162.21 million euro
– a rise of 13.9 percent year-on-year.
Rubbellos Scratch-Off Tickets
The new themes for 2008 – “Super Schatztruhe”,
“Golden Goals”, “Gold” and “Poker” – helped boost
sales of the Rubbellos instant scratch-off ticket lottery
by 2.6 percent to 127.38 million euro.
Brieflos Break-open Tickets
The introduction of the new Mega Brieflos series
(larger format, ticket price of two euro and three
main prizes of 250,000 euro each) on 17 November
brought a breath of fresh air and increased interest
in this break-open ticket lottery. Furthermore, prize
payout levels for the original Brieflos product were increased.
These developments resulted in a 7.2 percent
increase in sales to 25.85 million euro.
Klassenlotterie Austrian Class Lottery
Sales for the Österreichische Klassenlotterie (Austrian
Class Lottery) reached 36.17 million euro in the
reporting year, a decrease of 3.8 percent year-on-year.
The online gaming platform win2day.at with its newly
opened Pokerroom and the WINWIN video lottery ter-
minals outlets, both operated as joint ventures with
Casinos Austria, also made an important contribution
to the positive results at Austrian Lotteries in 2008.
Sales at win2day.at were up by 17 percent yearon-year,
while WINWIN posted an increase in sales of
36.2 percent for the reporting year.
Sports Sponsoring
Austrian Lotteries is unquestionably one of the
most important sponsors of sports in Austria, and
the company places equal emphasis on supporting
top-level professional sports, youth development
and amateur sports.
In addition to its specific sponsorship of individual
organizations and events, Austrian Lotteries contributes
three percent of its gross sales each year to
the sponsoring of sports, with the majority of these
funds going to amateur sporting endeavors. In 2008,
this amounted to a total contribution to Austrian
sports of 62.02 million euro. These funds are managed
and distributed by the Austrian Federal Sports
Organization. Based on sales figures for 2008, Austrian
Lotteries expects its contributions to sports for
the current year to exceed the 70 million euro mark
for the first time in the company’s history. �
AUSTRIAN LOTTERIES IN FIGURES
Sales 2,378.04 millions EUR
Total taxes 383.49 millions EUR
(thereof) game-related duties 161.27 millions EUR
(thereof) concession fee 216.75 millions EUR
Sports sponsoring 62.02 millions EUR
Profit on ordinary activities 39.06 millions EUR
Net income after taxes 33.65 millions EUR
Balance sheet profit 33.66 millions EUR
Employees* 472
Sales network
Lotto and football pools
retail partners
3,889
Scratch-off ticket retail partners 6,783
Break-open ticket retail partners 6,790
TOTAL SALES 2008 BY PRODUCT
in EUR Percentage of Total
Lotto "6 aus 45" 555,342,870.50 23.35%
Toto and Torwette *) 12,741,247.40 0.54%
Bingo 11,295,641.30 0.47%
EuroMillions 170,881,731.50 7.19%
ToiToiToi 17,041,865.75 0.72%
Zahlenlotto 4,510,330.35 0.19%
Joker 162,212,294.50 6.82%
Rubbellos 127,375,639.80 5.36%
Brieflos 25,848,123.60 1.09%
Klassenlotterie 36,171,782.00 1.52%
win2day.at 945,648,184.36 39.77%
win2day.at - Poker 5,049,682.83 0.21%
WINWIN 303,925,312.08 12.78%
Total 2,378,044,705.97 100.00%
*) incl. Extra Toto and Extra Torwette
| 60 | | 61 |
*) as at 31.12.2008
50%
68%
50%
100% 100%
56%
Austrian Lotteries | report ’08

eport ’08 | win2day.at
WIN2DAY.AT
Gamesroom
Codeknacker Keno Pferderennen Spin & Win
Eldorado Penalty Portobello Western Saloon
Lottery Games
Lotto Toto ToiToiToi Brieflos
Joker Extra Toto Zahlenlotto Klassenlotterie
EuroMillions Bingo Rubbellos
Casino Games
Roulette: Video Poker: Chicken Slot Schatzinsel
American Roulette Draw Poker Cleopatra‘s Gold Schatzkammer
French Roulette Jacks or Better Dolphin Star Wild Fruits
Cards: Joker and Kings Goldmine Magic Money
Black Jack Lucky Joker Jungle Jane Dice:
Tropical Stud Poker Double Draw Faces Lucky Monsters Escalero
Easy Hold‘em Poker Slots: Pirates Bay European Seven Eleven
Red Dog African King Robbie Rich Würfelpoker
Pokerroom
Texas Hold‘em Five Card Draw Omaha Seven Card Stud
Virtual Reality
Casino games, themed games, Poker room and virtual Lotto and Toto sales outlet – win2day.at
offers all this and more, with strictest security and the protection of minors and players
guaranteed.
A Casinos Austria and Austrian Lotteries
joint venture, the internet gaming platform
win2day.at offers something for every taste: from
classic casino games, specially designed themed
games, Lotto and Toto through to Poker. With the
launch of its Pokerroom on 7 February 2008 win-
2day.at achieved yet another first – the first all-
Austrian online Poker room that not only matches
its international counterparts in every way,
but actually outplays them.
With Poker rooms a dime a dozen nowadays, it can
be hard to tell one from the other. And many of
them are sadly lacking in one particular aspect:
entertainment value. The Pokerroom at win2day.at
is different, and when it comes to entertainment
value, it is quite literally ahead of the pack. All its
Hold’em tables are named after Austrian towns,
mountains or rivers, and the names of many of
its tournaments are Austrian through and through
– just two of the many features that set it apart.
So players can set off on a virtual Poker tour from
“Kitzbühel” over the summit of the “Hochkönig”
and along the banks of the “Mur” to “Graz”. The
chat is kept in German, so that Poker fans can also
enjoy a bit of Austrian humor along the way.
As with all other win2day.at games, security and
responsibility naturally played a key role in every
stage of the Poker room’s development. Responsible
gaming aspects are particularly important
when it comes to online Poker sites, and the new
Poker room not only had to comply with all the
familiar win2day.at responsible gaming features
– like strict registration procedures and the compulsory
setting of deposit and playing time limits
– it also had to guarantee that players are protected
from others trying to fix matches or cheat.
Security and integrity are central to all activities
at win2day.at and to any new games added to its
portfolio. Protection against criminal activities is a
core aspect here, since it is the anonymity offered
by some online gaming platforms that can attract
people with dishonest intentions and encourage
money laundering and cheating. Thanks to the inbuilt
tried and tested cutting edge security software
and the permanent monitoring of the site by
fully-trained experts, this simply cannot happen at
win2day.at. The fact that all players have to register
with the site by name and the personal details
provided are verified before anyone is allowed to
play also adds a further layer of security. Anonymous
con artists have no chance at win2day.at.
All these factors offer clear confirmation of the
high standards of security in place at win2day.
at, and it is these standards that ensure the site
continues to grow in popularity. In 2008, win2day.
at reported sales of 945.55 million euro (2007:
808 million euro) and a Poker rake of five million
euro. As of 31 December 2008, the site had a total
of 400,000 registered users. �
| 62 | | 63 |

eport ’08 | WINWIN
A WINWIN Situation
Despite difficult operating conditions in 2008, WINWIN added two further chapters to the VLT
outlet success story that began back in 2004.
Video Lottery Terminals – or VLTs for short
– might be optically similar to classic slot
machines, but behind this façade lies a great deal
more. The difference between VLTs and conventional
gaming machines lies in the technology and gaming
mechanism: a complex computer network fully
equipped with the latest and best security standards
guarantees reliable gaming entertainment of the
highest level.
With two new outlets opened last year in Landeck, Tyrol
and Vöcklabruck, Upper Austria, Glücks- und Unterhaltungsspiel
Betriebsgesellschaft m.b.H. (“Entertainment
GmbH”) – better known by the brand name
WINWIN – operated a total of 11 outlets across Austria
as of 31 December 2008. Each of these outlets
offers between 50 and 150 such VLTs, all permanently
linked to the Austrian Lotteries central computer
center. While conventional slot machines determine
the outcome of a wager independently using a random
number generator, this is decided for WINWIN
machines by the random number generator on a central
computer – based on set odds and payout limits
approved by the Austrian Federal Ministry of Finance.
As a joint subsidiary of Casinos Austria and Austrian
Lotteries, WINWIN perfectly combines the extensive
THE 11 WINWIN OUTLETS
know-how and industry expertise of both companies
– Casinos Austria with its 75 casinos on five continents
and over 40 years experience in casino gaming
and Austrian Lotteries with its wealth of experience
in online gaming. Austrian Lotteries also holds
the appropriate electronic lotteries license required
to operate VLTs under Section 12a of the Austrian
Gaming Act.
True to their motto, WINWIN outlets really do have
it all: the trendy 500 to 650 square meter venues
are all home not just to at least 50 gaming terminals,
they also serve a wide selection of good food
and drinks. The target group is fun-loving, entertainment-minded
people, who enjoy rounding off a
pleasant evening in a great setting with a few rounds
on the gaming machines. And WINWIN is also proof
that good gaming entertainment doesn’t have to be
expensive: its VLTs can be played from as little as
one cent, with maximum possible winnings of up to
26,050 euro. Further WINWIN outlets are currently
also in the pipeline.
In the 2008 business year, WINWIN posted sales of
303.92 million euro, an increase of over 35 percent
compared to the previous year.
�
Am Marienbrunnen 346, 6290 Mayrhofen: 50 VLTs, tipp3 Betting Lounge
Tyrol:
Bozenerplatz 2, 9900 Lienz: 80 VLTs, tipp3 Betting Lounge
Malserstraße 25, 6500 Landeck: 50 VLTs, tipp3 Betting Lounge
Salzburg: Seegasse 5, 5700 Zell am See: 63 VLTs, tipp3 Betting Lounge
| 64 | | 65 |
Upper Austria:
Lower Austria:
Unterer Stadtplatz 3, 4780 Schärding: 81 VLTs, tipp3 Betting Lounge
Grünmarkt 17, 4400 Steyr: 50 VLTs, tipp3 Betting Lounge
Kaiser-Josef-Platz 8, 4600 Wels: 50 VLTs, tipp3 Betting Lounge
Stadtplatz 21, 4840 Vöcklabruck: 50 VLTs, tipp3 Betting Lounge
Wienergasse 3, 2460 Bruck/Leitha: 50 VLTs, tipp3 Betting Lounge
Racinoplatz 1, 2483 Ebreichsdorf: 150 VLTs
Hamerlingstraße 5, 3910 Zwettl: 50 VLTs, tipp3 Betting Lounge

eport ’08 | tipp3
TIPP3
50 million euro in sales
65,000 registered online users
3,700 sales outlets in Austria
10 tipp3 Betting Lounges in WINWIN outlets
Betting arena on the Goleador site
Betting by text message
tipp3-fan.tv
Main sponsor of the "tipp3-Bundesliga
powered by T-Mobile"
A Hot Tip(p)
tipp3 (Österreichische Sportwetten GmbH) has been a top scorer in the highly competitive
betting sports betting sector for the last nine years – and caused great excitement among
fans in 2008 as new lead sponsor of the Austrian Football Bundesliga.
In the words of the stars of the tipp3 advertising
campaign – Austrian sports reporters Adi Niederkorn
and Edi Finger Jr. – things looked “guat”, yes
“even very guat” in 2008. Good for tipp3 and for the
Austrian Football Bundesliga.
tipp3 was definitely match-ready for the kick-off of
UEFA EURO 2008 – the football event of the year
– and its careful preparations more than proved
their worth, with the company recording a doubledigit
percentage increase in betting sales during
the championship period. In total, Österreichische
Sportwetten GmbH (“Austrian Sports Betting Ltd.”)
posted annual sales for 2008 of around 50 million
euro. In doing so, the Casinos Austria and Austrian
Lotteries joint venture with the Austrian media organizations
Bundesländerverlage and Mediaprint, successfully
outperformed average results for the sector.
To remain ahead of the game, tipp3 continually introduces
new products and services. As an added
convenience to customers, betting by text message
was introduced at the start of 2008. Customers who
cannot make it to their local tipp3 sales outlet during
opening hours or cannot get to a PC with internet
access can now place their bets quickly and easily
by text message. Service and fun were also two of
the key factors behind the introduction of the tipp3
QuickTipp. All the customer has to do is pick the level
of risk – the system at the sales outlet does the rest
and suggests the appropriate bet.
Also a firm favorite with the 65,000 registered online
customers of www.tipp3.at is the fan.tv option
with its up-to-date selection of video clips of current
championship events.
On the subject of championships: the general enthusiasm
for football following UEFA EURO 2008
and the continued rise in interest in sports betting
prompted tipp3 to intensify its cooperation activities
with the Austrian Football Bundesliga. tipp3 became
a lead sponsor of the Bundesliga at the start of the
2008/2009 season, with Austria’s top football clubs
kicking off in the new “tipp3-Bundesliga powered by
T-Mobile” since 1 July 2008.
�
(l. to r.): Joachim Burger (T-Mobile), Bundesliga Chairman Georg Pangl and tipp3 Chairman Dietmar Hoscher
seal their partnership
| 66 | | 67 |

eport ’08 | Responsible Gaming
Responsible Gaming
The proof of a great night out at the casino is waking up the next morning with the smile still on your face. Casinos Austria ensures that
everyone can rest assured – and no one needs to hide under the bedspread.
A guest who has enjoyed a great evening’s
entertainment at the casino should still
be smiling about it the next day. The memories
of those happy hours should linger on for many
a day to come: the exquisite meal, the glass of
sparkling wine, the charm and expertise of the
helpful casino staff and – above all – the fun and
excitement of watching the Roulette ball spin
around the wheel, trying to read the expressions
on the faces of the other players around the Poker
table or waiting for the symbols on the slot
machines to finally come to a halt.
Yet for Casinos Austria, perfect customer service
extends far beyond the actual visit to the casino.
Our exemplary player protection measures ensure
gaming remains the fun experience it is intended to
be, and begin the moment a guest enters the foyer
with our strict registration procedures. Player protection
and responsible gaming are not just clear
requirements laid down by the national regulatory
authorities, they are also an integral part of corporate
culture at Casinos Austria and are firmly rooted
in the company’s traditions.
The vast majority of people who enjoy gaming do so
responsibly, reasonably and within their means. But
there are a few exceptions to this rule. To address
this, Casinos Austria provides regular and thorough
training for staff, ensuring they are able to recognize
the signs of a potential gambling problem. The company
is fully aware that gambling can be a problem
for some people and can have negative consequences
in some cases. But at Casinos Austria, responsible
gaming is not just a byword, it’s a guiding principle.
Tight access controls are in place to protect minors
from gaming itself and prevent this particularly vulnerable
group from even coming in the vicinity of
gaming premises. In addition to access restrictions,
there are a whole range of further measures in place
to protect players from any negative effects of
gambling. Casinos Austria’s fully-trained staff and
cutting edge security technology and facilities ensure
permanent monitoring of gaming activities.
Naturally, all this is done with absolute discretion
so no one ever has the feeling they are being
watched. But as soon as any money is changed,
this information is recorded. If the frequency of
these transactions, the amounts involved or even a
combination of the two indicate there might be a
cause for concern, a qualified member of staff will
initially broach the matter with the guest and work
with them to find a solution. Whether this ultimately
results in a ban, the setting of betting limits or a
restriction in the number of permitted casino visits,
together we find a way. The company’s Responsible
Gaming department ensures that the latest
information material, including flyers on gambling
addiction, is always available and prominently on
display in all 12 Austrian casinos.
Casinos Austria has always sought to draw greater
public attention to the topic of gambling addiction.
Like all other forms of addiction, this is a social
problem and has to be given wide media attention.
To ensure this becomes the case, Casinos Austria
launched a “Responsible Gaming Breakfast” initiative
to provide first-hand information to leading
media representatives. The strong interest in this
initiative confirmed the clear information deficit on
the subject of gambling addiction and the strong
demand for Casinos Austria’s know-how and expertise
in this field. This applies both to the facts
and figures produced by the company itself as well
as to latest research results. Once a year, Casinos
Austria and Austrian Lotteries also organize a “Responsible
Gaming Academy”, whose seminars and
workshops provide a forum for the presentation of
the latest insights and research and in-depth discussions
with independent experts on gambling
addiction and associated fields.
All these efforts ensure that our staff go to work with
a totally clear conscience, while our guests can rest
assured that their next visit to the casino will be just
as safe and just as much fun as the last. �
Responsible Gaming | report ’08
| 68 | | 69 |

eport ’08 | Security
Security in Mind
Central surveillance is the new hot topic when it comes to Responsible Gaming at Casinos
Austria. Our responsible approach to this topic has earned us a reputation for excellence
that extends far beyond our national borders.
The technical finesse of the systems in the
unobtrusive room is not immediately apparent
to the uninitiated. Surrounded by monitors,
a member of the surveillance team sits at
his desk with a special keyboard and joystick to
hand. Anyone who might assume he was playing
the latest computer game would be seriously
mistaken. He uses these devices to rapidly
switch from one casino to the next and with a few
clicks of the mouse can cover a distance of several
hundred kilometers almost instantaneously.
Central surveillance is the latest addition to the
Casinos Austria security system and a further example
of the company’s pioneering role in the
gaming industry.
There are several aspects to security at Casinos
Austria. Naturally, we place utmost importance
on providing the guests at our 12 casinos across
Austria with a safe and secure environment in
which to enjoy a few hours of fun and entertainment.
But we also focus on the safety and security
of society as a whole. For example, when it
comes to protection against organized crime and
money laundering, two areas that in some countries
are unfortunately all too often associated
with casino gaming.
At Casinos Austria, security is viewed as a service
that is constantly changing, just like the
demands and expectations of casino guests.
Critically assessing and auditing the standards
already in place is a key challenge. Such so-called
Security Audits apply as much to alarm systems
as they do to Roulette wheels, which are checked,
for example, for unevenness, ball track, elasticity
of dividing bars and number slot dimensions. At
Casinos Austria, these audits are an integral part
of our comprehensive security package.
The security solutions developed by Casinos Austria
regularly set new standards for the entire gaming
industry. Our national experts are linked to all key
players in the market through the “International
Association of Casino Security”, where they can discuss
latest developments and best practices and
promote their own know-how.
Protection against Criminal Activities
The fact that money laundering and organized
crime are not associated with casino gaming in
Austria can be attributed in no small way to the
country’s strict provider monopoly. The existence
of a single, known, reliable and trustworthy provider
who conducts gaming operations in accordance
with all regulatory policy maxims, makes
it easier for the authorities and the general public
to rule out the likelihood of criminal activities.
Money laundering in casinos can be prevented by
clear statutory regulations and strict checks and
balances – from guest identity, transparency of
payouts, recording of casino revenues to the integrity
of the operator.
An external review of these endeavors by the Austrian
Federal Ministries of Finance and the Interior
(Bundeskriminalamt, “Federal Criminal Intelligence
Service, Department for the Prevention
of Organized Crime”) was very positive: all security
measures in place in our domestic casinos far �
Security | report ’08
| 70 | | 71 |

eport ’08 | Security
exceed typical levels of control. These include
identity verification procedures prior to entry,
transaction monitoring and targeted staff training.
Payouts are monitored and recorded: all
cash desk transactions are captured on video.
The stored video data is subject to the statutory
duty of confidentiality.
But security issues in a casino environment extend
beyond these important regulatory requirements
– also covering the safety and security
of operations, staff and guests in the individual
casinos. At Casinos Austria, each casino has
its own security department and a highly trained
team of security experts with international experience.
These departments provide an extensive
range of security services: from first aid to
building evacuation in the case of a fire. Emergency
procedures and scenarios are regularly
rehearsed, with top priority given to prevention
rather than reaction.
Data Protection
State-of-the-art alarm systems, entry checks,
video surveillance, smoke detectors, motion detectors
and direct links to the Police and Fire
Departments have long been standard in every
Casinos Austria AG casino. The clear focus of
their use lies in protecting our customers and
their privacy: the Austrian Gaming Act specifically
binds Casinos Austria to a duty of absolute
confidentiality regarding guests and their gam-
ing activities. Data protection issues take highest
priority in the planning and development of any
software tools. A comprehensive access rights
system is in place for all guest-related applications
to ensure such data can only be accessed
by authorized members of staff.
Zero Tolerance for Cheating
At Casinos Austria, our guests naturally take
center stage in all such considerations and endeavors.
Our guarantee to provide fair gaming
entertainment without unwanted side effects is
one of our major success factors, and our company
has a long history of success in upholding
this guarantee.
Casinos Austria staff are trained to the highest
international standards. Strict internal checks
and balances ensure that all statutory and regulatory
provisions are adhered to and guarantee
maximum integrity and reliability. Our staff are
strictly forbidden to accept personal financial
gifts or payments from guests or to participate
in any gaming activities themselves. Guests are
not permitted to use any technical aids. 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. �
Security | report ’08
| 72 | | 73 |

eport ’08 | Sponsoring
Karl Stoss with Wolfgang Kopetzky – Secretary General of the Austrian Red Cross Cooperation with the Burgtheater in Vienna – “Row 13 for 13 euro”
Big Spender
Casinos Austria, Austrian Lotteries and tipp3 have been active sponsors of social, cultural
and sporting activities for decades. In 2008 alone, they contributed over 70 million euro
to good causes.
A few things were a little different about the
Vienna Opera Ball this year. Above all the
expectations of the media and the general public.
There were even some who dared to suggest
that it might be time for this grand society event
to take its final bow. But they were mistaken. The
2009 Opera Ball again attracted a great deal of
interest, and this year’s guests were again treated
to a whole host of musical, culinary and entertainment
delights.
And nobody had to do without the popular “Opera
Ball Casino” either, one of the permanent features
of a successful ball night. In the magnificent
setting of the Schwindfoyer – a beautiful hall hung
with oil paintings after sketches by Austrian artist
Moritz von Schwind – Casinos Austria offered
ball-goers an exciting introduction to our extensive
gaming mix. But something was different about
the casino this year too. Whereas in previous years
guests had played for money, this year’s casino
was run entirely for a good cause. Up for grabs
were fantastic non-cash prizes – including a trip
for two to Australia – with all donations to the proceedings
going to charity.
In these times of economic doom and gloom, the
company decided to take this opportunity to set a
good example.
Both Casinos Austria and Austrian Lotteries embrace
the goal of providing help to those causes
that will put the money to best use – causes that will
benefit society as a whole. They provide extensive
support, for example, to public organizations which
rely on sponsorship funding to continue their good
work. “We put a lot of effort into projects like the
Giant Panda Project, which help protect endangered
species. Many of these projects would not be possible
without the long-term support of loyal spon-
sors like Casinos Austria and Austrian Lotteries,”
says Dagmar Schratter, Director of Schönbrunn Zoo
in Vienna. The Casinos Austria Group’s deep commitment
to social causes stretches back over 40
years. It has supported the ORF children’s charity
initiative Licht ins Dunkel since 1990, the Bregenzer
Festspiele (“Bregenz Festival”) since 1980 and the
Wiener Festwochen (“Vienna Festival”) since 1968,
i.e. for 41 years. “I really value our strong and fair
partnership with Casinos Austria,” confirms Festival
Director Luc Bondy, emphasizing in particular
the company’s “immense sense of loyalty”. David
Pountney, Director of the Bregenz Festival, is also
quick to praise: “Casinos Austria’s long-term commitment
has been instrumental in the success of
the Bregenz Festival.” Over the years, Casinos Austria’s
“Casino on Tour” events have also helped to
raise money for numerous charities. In 2008 alone,
this mobile casino raised 107,502 euro for charitable
organizations at 389 events across the whole
of Austria.
In 2008, the Group’s contributions to good causes
(including its sponsorship of sports) totaled over
70 million euro, contributions which cannot be
calculated in strictly tangible terms alone, e.g. return
on investment. So while good fortune is the
focus of our business activities, the Group also
puts great effort into helping the less fortunate
in society, contributing to public health and supporting
the Arts to ensure that as broad an audience
as possible has access to works of art and
cultural events.
The companies in the Casinos Austria Group take
their social responsibility and their role as good
corporate citizens very seriously and willingly accept
and embrace their moral duty to help others.
The accompanying PR benefits, while not irrelevant,
definitely take second place.
�
SELECTED PROJECTS
Sponsoring | report ’08
Albertina Museum –
“Monet to Picasso: The Batliner Collection"
Arnold Schönberg Center
Austrian Mountain Rescue Service
Austrian National Library
Austrian Olympic Committee
Austrian Red Cross
Boltzmann Institute – European Research Fellowship
Bregenz Festival
Bruno Kreisky Prize
Burgtheater Vienna
Cancer Research Initiative
Cardinal König Prize for Visual Arts
Caritas – Haus Immanuel for Mothers and Children
in Need
European Forum Alpbach
Figl Stiftung
Gala “Nacht des Sports” (“Night of Sport”)
Helene Partik-Pablé Project to Help the Disabled
Jazz Fest Wien (“Vienna Jazz Festival”)
Licht ins Dunkel
“Living with Cancer” Initiative
Nestroy Theater Prize
Schönbrunn Zoo Vienna
SOS Children’s Villages Charity Gala
Spanish Riding School Vienna
Tag des Sports (“Austrian Day of Sport”)
tipp3-Bundesliga
Vienna Economic Forum
Vienna Festival
Vienna State Opera
Vienna University of Economics and
Business Administration
Volkstheater Vienna
Workers Samaritan Federation Austria
WWF
| 74 | | 75 |

eport ’08 | Employees
A Winning Team
Qualified personnel is one of the most valuable assets a service provider can have.
The Casinos Austria Group has a winning team of 13,532 highly qualified employees,
who make a huge contribution to its success.
For the staff in the Casinos Austria Group, 2008
was a year of change. The introduction of a
new streamlined organizational structure meant
many of them found themselves in new or slightly
altered roles and facing new challenges.
Casinos Austria naturally made every possible
effort to ensure employees received the support
they needed during this change process – through
a specially designed Change Management Program
and a series of workshops initiated and run
by our Human Resources department in collaboration
with external experts.
There was much speculation in the press that
the streamlining of processes within the Group
might lead to a wave of redundancies. But this
was never the intention behind the strategy and,
of course, never happened. New projects like the
Austrian Lotteries market launch in the Russian
Republic of Bashkortostan and the expansion of
our business activities in the sports betting and
online gaming segments – which would otherwise
have necessitated the recruitment of additional
staff – could thus be predominantly covered using
existing internal resources.
The Casinos Austria Group employed on average
a total of 13,532 people in 2008, 2,332 of them
in Austria.
All our employees have access to – and make
active use of – our comprehensive range of inhouse
and external training and further education
programs.
People like working for the Casinos Austria Group.
The average length of service currently stands at
around ten years, and Casinos Austria even has a
large number of employees who have been with
the company for 30 years or more. Each and every
one of them has a wealth of experience and knowhow,
and this is unquestionably a winning factor in
our corporate success.
�
EMPLOYEES BY COMPANY
Employees | report ’08
Casinos Austria ** 1,752
Casinos Austria International 11,200
Austrian Lotteries 442
Entertainment GmbH 138
Group Total 13,532
* Annual average full-time equivalents
** incl. CAGAST, CAST, CCB and CALL
| 76 | | 77 |
*

eport ’08 | Events
Undine Awards Gala at Grand Casino Baden
In the Spotlight
Casinos Austria also enjoys a long-standing reputation as a leading event organizer. Our
casinos host literally hundreds of events every year – from art exhibitions, fashion shows,
cabaret performances and concerts through to conferences and charity galas. Our range
of exciting gaming tournaments also proved immensely popular with national and international
guests alike in 2008, while “Casino on Tour”, our mobile casino, traveled to around
400 events around the country to help raise funds for good causes.
1 2 3
1. Klaus Maria Brandauer and István Szabó; 2. Cosma Shiva Hagen and Klaus Eberhartinger; 3. Ann-Kathrin Kramer, Harald Krassnitzer, Governor of Lower Austria Erwin Pröll and Karl Merkatz
The highly-prized Undine Awards were presented to young, talented actors and actresses for the fifth year in succession at a glamorous, high-profile
gala ceremony in Grand Casino Baden on 25 October 2008. Numerous film and TV stars attended the prestigious event, paying tribute to the achievements
of the award-winning young actors as they presented the coveted awards.
1 2
1. ( l. to r.): Ex-Davis Cup player Markus Hipfl, Tournament Director Sandra Reichel, Tournament Spokesperson Judith Wiesner-Floimair,
Casino Director Michael Leczek and Felix Gottwald; 2. Blackjack Tournament at Casino Bad Gastein. Casino
Director Michael Leczek with Austrian tennis players Melanie Klaffner, Patricia Mayr and Yvonne Meusburger (l. to r.)
“Casino Ladies’ Night” at WTA
Tennis Tournament
The second annual “Gastein Ladies” WTA
(Women’s Tennis Association) tennis tournament
with prize monies of $175,000 was held in July
2008 in Bad Gastein. The world-class starting
field, including two Top 20 players, Agnes Szavay
and Alize Cornet, generated huge media interest.
On day three of the tournament, Casino Bad
Gastein invited players, VIPs and sponsors to
a “Casino Ladies’ Night”. After stocking up on
those all-important carbohydrates at a special
“Pasta Party”, the tennis ladies were treated to
some great gaming entertainment: with aces of
a rather different kind calling the shots in a fun
Blackjack Tournament.
Bond Fever hits Bregenz
Several scenes from the latest James Bond movie “Quantum of Solace”
were filmed on location in Bregenz. The film’s release saw the town once
again transformed into a film set, with Casino Bregenz playing a starring
role in the main 007 party. Five gaming tables added to the excitement and
flair of the event with guests enjoying a round of Roulette, Blackjack or
Poker along with a well-mixed drink – naturally shaken not stirred.
1. Croupier Andreas Haider at the Blackjack table; 2. Croupier Belinda Bischofsberger at the Poker table; 3. 007 lights up the Festival Hall
Events | report ’08
| 78 | | 79 |
1
2
Casino Graz at the Opera Redoute
The atmosphere evokes memories of the glory days of the Austrian
monarchy – ladies elegant in their glamorous evening gowns and
gentlemen suitably attired in tuxedos or tailcoats. For the last ten
years, the Opera House in Graz glitters with all the pomp and circumstance
of this bygone age when it becomes host to the annual
Opera Redoute. In the midst of all this glamour, the Casino Graz
Champagne Lounge and French Roulette table became the place to
be seen at the 2008 event and a welcome spot for friends of the
casino to gather and enjoy their good fortune until the early hours.
1 2
1. & 2. Guests at the Opera Redoute in Graz enjoyed trying their luck at the Roulette table
3

eport ’08 | Events
Football Legends at
Casino Innsbruck
There were lots of famous faces to
be seen at Casino Innsbruck in the
weeks before and during the UEFA
EURO 2008 European Football
Championship. Pictures speak louder
than words ...
1. Carina Mauthner and TV presenter Michael Kriess with ex-national team players Gischi Westerthaler and Werner Kriess and two casino guests; 2. World Cup 1998 goalkeeping hero Davor
Suker was also a welcome guest at Casino Innsbruck; 3. Tyrolean midfielder Clemens Walch, who transferred to VfB Stuttgart prior to the European Championship, with Casino Director
Kurt Steger and his new team jersey; 4. Tyrol and Innsbruck UEFA EURO 2008 ambassador Hansi Müller with Kurt Steger on the “Tyrol:08 pitch” in front of the casino; 5. Klaus Lindenberger
(Austrian Football Association goalkeeping trainer), Michael Rummenigge and Kurt Steger enjoy a VIP table football match
Miss Tyrol and Miss Austria 2008, Marina Schneider, with runners-up
1 2
3 14
5
The Prettiest Girl in Tyrol
In 2008, the final of the Miss Tyrol beauty pageant
was again held at Casino Kitzbühel. In a whole series
of heats from the Ötztal Valley to East Tyrol,
candidates from across the state gave their best
as they endeavored to qualify for the Grand Final.
Having taken to the catwalk to show off their curves
in the evening wear and swimwear sections, the
young ladies later revealed their inner values in the
ever-popular “Personality Show”.
The celebrity jury finally reached a unanimous
decision: Marina Schneider was officially named
the prettiest girl in Tyrol. And as if this wasn’t
enough, she then headed off east to pick up the
Miss Austria title as well at the Magna Racino in
Ebreichsdorf.
Big Changes in Kleinwalsertal
Casino Kleinwalsertal celebrated its successful interior redesign with
a glittering reopening party on 12 December 2008. Warm materials,
soft leather, exquisite fabrics and sweeping forms define the new look
and give the casino a real lounge-like atmosphere. A further addition
to the look is the casino’s new multipurpose event room – the perfect
venue for all manner of events: from seminars to cabaret shows.
The “old” restaurant gave way to a spacious, modern Casineum event
room. The blazing log fire in the gaming area is the sole reminder of
the former rustic interior.
2 3
1. (l. to r.): Mayor Werner Strohmaier, Casino Director Gerhard Steurer and Casinos Austria Director General Karl Stoss at the opening ceremony; 2. Music by “harry and the nicknames”;
3.The new-look Casino Kleinwalsertal
1 2
Events | report ’08
| 80 | | 81 |
1
First Among 1,503 Players
One of the gaming highlights of 2008 at Casinos Austria was undoubtedly
“Beat’em all” – Europe’s largest live Poker tournament. A
total of 1,503 contestants battled it out in the electrifying final on
30 November in Casino Linz, with Eduard Farkashazy from Vienna
ultimately emerging the victor over the other eight finalists to take
home the lion’s share of the 142,785 euro pot. By popular demand,
the highly successful “Beat’em all” tournament will definitely be
back in 2009.
1. Casino Director Josef Kneifl with tournament winner Eduard Farkashazy and Poker Manager Edgar Stuchly; 2. This photo was taken before Farkashazy (r.) secured his victory

eport ’08 | Events
Anton Graf (President of the Salzburg Cancer Aid Association), Karin Pilz (Marketing & Sales), Kurt Pipal (Casino Director)
Seefeld Crowns the Baccara World Champion
From 3 to 5 October 2008, Casino Seefeld hosted the Baccara World Championship for the 10th time. Top players from around the world flocked to the casino to battle it out once again for the
title of “Baccara World Champion”. In addition to the coveted title, the winner of this year’s event
was also presented with the new “Ring of the Master” top prize, a stunning ring worth over 10,000
euro, specially created for the Baccara World Championship by local jewelry designer Armbruster
from the Tiroler Schmuckkastl.
2 3
Charity Fashion Event in Salzburg
On 30 September 2008, seven well-known female
entrepreneurs hosted a Charity Fashion Cocktail
event in the historic Salzburg Residenz in aid of the
“Salzburg Breast Cancer Initiative”. A regular supporter
of “Pink Ribbon” events, Casino Salzburg
also provided them with a Roulette table for the
evening. In addition to the stunning fashion show,
good food and excellent entertainment, more than
300 guests were also invited to “Faites vos jeux”,
to boost the total amount raised by the evening’s
festivities.
1. The “Ring of the Master” worth over 10,000 euro has already become a cult object; 2. (l. to r.): Casino Director Ernst Hubmann, World Champion 2008 Giuseppe Cascetta with the
Casino Seefeld Baccara Team: Marco Peer, Erwin Serloth, Ronald Bösch; 3. Competitors enjoy some local customs
1
Fête Blanche in Velden
Fête Blanche – the summer party at Lake Wörthersee – once again attracted
thousands of party-goers to Carinthia. True to its motto, Casino Velden
hosted a spectacular “All in White” party in the Casineum with live music
and an exquisite gala dinner.
1. Thousands kept to the white dress code at the Fête Blanche; 2. Casino Director Othmar Resch with Chef de Cuisine Marcel Vanic and staff; 3. The Fête Blanche Party on
the square in front of the casino
| 82 | | 83 |
1
2
Poker in a Noble Setting
Casino Wien has a new attraction. On 19 November 2008, Austria’s
busiest casino opened its very own Poker Lounge. Architect Michael
Manzenreiter – of Vienna Opera Ball fame – and his team had just
three weeks to transform the former 2nd floor bistro into an exquisite,
professional and welcoming Poker room. The results clearly speak for
themselves. The fun opening event was attended by colleagues, friends
of the casino, Poker fans and numerous journalists.
2 3 4
3
1. The new Poker lounge; 2. Cool, yet still cozy; 3. The Poker Lounge Dream Team (l. to r.): Casino Director Reinhard Deiring, Casinos Austria Poker Manager Edgar Stuchly, Architect
Michael Manzenreiter and Construction Contractor Markus Spiegelfeld; 4. Heinz Dobcak (Croupier Casino Baden) with Ines Benisch (Marketing Service & Sponsoring)
1
Events | report ’08

eport ’08 | Supervisory Board
SUPERVISORY BOARD
Walter Rothensteiner
President, Director General
(Chairman)
Günter Geyer
Vice President, Director General
(2 nd Deputy Chairman)
State Commissioners
Under-Secretary Alfred Lejsek
Alfred Katterl
Franz Philipp Sutter
Members of the Supervisory Board
Vice Governor, Wolfgang Duchatczek
Supervisory Board Report
In its meetings, the Supervisory Board continued to perform the functions incumbent upon it pursuant
to statutory provisions and the Articles of Association. The Board of Directors provided regular reports
on the current business situation. The Casinos Austria AG annual financial statements and management
report were audited by the official auditors appointed at the Annual General Meeting on 4 April 2008,
BDO Auxilia Treuhand Gesellschaft m.b.H. and KPMG Austria Wirtschaftsprüfungsgesellschaft m.b.H. This
audit raised no grounds for objection. The auditors have therefore confirmed that the Casinos Austria AG
annual financial statements and management report comply with statutory provisions. The Supervisory
Board confirms that it concurs with the Board of Directors’ management report and the proposed distribution
of profits and that it formally approves the Casinos Austria AG annual financial statements, which
are hereby adopted pursuant to Section 125 of the Austrian Stock Corporation Act (Aktiengesetz). Furthermore,
the Supervisory Board recommends that said audit firms, BDO Auxilia Treuhand Gesellschaft
m.b.H. and KPMG Austria Wirtschaftsprüfungsgesellschaft m.b.H., also be appointed auditors for the
2009 business year at the Annual General Meeting.
The Supervisory Board
Walter Rothensteiner (Chairman)
Vienna, 27 March 2009
Dietmar Spranz
Vice President, Director General
(1 st Deputy Chairman)
until April 2008
Maria Theresia Bablik
Vice President
(3 rd Deputy Chairman)
Director General, Helmut Jonas
Director General, Konstantin Klien
Director, Gerald Neuber
Attorney-at-Law, Thomas Schröfl
President (ret.), Adolf Wala
Director Peter Zöllner
Kurt Meyer
Vice President, Director General
(1 st Deputy Chairman)
from April 2008
Leo Wallner
Vice President
(4 th Deputy Chairman)
Representatives of the Central Works Council
Jürgen Nachbaur (Works Council Chairman),
Dieter Löw, Christian Holz, Peter Löb (until April
2008), Manfred Schönbauer, Maciej Turkiewicz
(until April 2008), Christian Hampejs (from April
2008), Werner Lieber (from April 2008)
Company and
Consolidated
Financial Statements 2008 | report ’08
Financial Statements
2008
| 84 | | 85 |

eport ’08 | Financial Statements 2008
Financial Statements as at 31 December 2008 - Casinos Austria AG
FINANCIAL STATEMENTS 2008
ASSETS EUR EUR
A. Long Term Assets
2007
in TEUR
I. Intangible assets
1. Concessions and other rights 6,075,475.11 7,684
2. Advance payments 351,360.00 0
6,426,835.11 7,684
II. Tangible assets
1. Property, coincident rights and buildings, including buildings
on third party property, thereof property EUR 7,036,803.41
(31.12.2007; TEUR 2,322)
12,480,678.07 8,010
2. Other equipment, fixtures, furniture and office equipment 37,619,910.29 39,690
3. Advance payments and construction in progress 520,034.50 542
50,620,622.86 48,242
III. Financial assets
1. Investments in affiliated companies 456,722,601.72 492,592
2. Investments in other companies 255,222.23 211
3. Long-term securities 9,765,242.83 10,911
4. Other loans 581,995.92 680
467,325,062.70 504,394
524,372,520.67 560,320
B. Current Assets
I. Receivables and other current assets
1. Accounts receivable – trade 795,050.43 2,133
2. Accounts receivable – affiliated companies 7,106,305.13 1,832
3. Other receivables and assets 44,650,598.72 2,680
52,551,954.28 6,645
II. Cash on hand and in banks, checks 22,845,625.56 26,364
75,397,579.84 33,009
C. Prepaid Expenses 2,433,080.14 3,008
602,203,180.65 596,337
FINANCIAL STATEMENTS 2008
LIABILITIES AND EQUITY EUR EUR
Financial Statements 2008 | report ’08
| 86 | | 87 |
A. Equity
2007
in TEUR
I. Capital stock
II. Reserves from retained earnings
40,000,000.00 40,000
1. Legal reserves 4,000,000.00 4,000
2. Other reserves (voluntary reserves) 30,600,000.00 23,250
34,600,000.00 27,250
III. Balance sheet profit, thereof profit brought forward from previous
year EUR 2,828,825.44 (31.12.2007: TEUR 223)
5,638,402.26 8,429
80,238,402.26 75,679
B. Provisions
1. Provision for severance payments 17,588,002.00 15,325
2. Provision for pensions 16,120,700.00 16,535
3. Other provisions 18,049,475.84 21,707
51,758,177.84 53,567
C. Liabilities
1. Bonds 150,000,000.00 0
2. Bank loans and overdrafts 169,580,052.08 171,980
3. Accounts payable – trade 10,230,942.05 9,064
4. Accounts payable – affiliated companies 60,280,326.15 57,615
5. Accounts payable – associated companies 952,248.35 1,317
6. Other payables, thereof taxes EUR 18,144,768.99 (31.12.2007:
TEUR 18,099), thereof social security EUR 3,279,389.82
(31.12.2007: TEUR 3,087)
76,064,962.70 223,844
467,108,531.33 463,820
D. Deferred Income 3,098,069.22 3,271
602,203,180.65 596,337
Contingent liabilities 61,836.97 63

eport ’08 | Financial Statements 2008
Income Statement for 2008 - Casinos Austria AG
INCOME STATEMENT FOR 2008
EUR EUR
2007
in TEUR
1. Gross gaming revenues 281,100,040.15 277,201
2. Gaming taxes and other gaming related taxes -108,735,338.56 -107,547
3. Net gaming revenues 172,364,701.59 169,654
4. Other operating income
5. Personnel expenses
10,976,169.98 11,936
a) Wages -7,059,783.39 -6,895
b) Salaries -70,960,763.04 -71,824
c) Expenses for severance payments -3,485,921.99 -2,027
d) Expenses for pensions -12,789,947.63 -10,367
e) Social security costs and payroll-related taxes -20,598,121.74 -19,695
f) Other expenses for employee benefits -1,248,674.25 -1,144
-116,143,212.04 -111,952
6. Depreciation, amortization
7. Other operating expenses
-11,583,843.44 -10,717
a) Taxes not included in items 2 and 18 -201,173.21 -155
b) Other expenses -63,734,806.65 -63,763
-63,935,979.86 -63,918
8. Operating result = sub-total items 1 to 7 -8,322,163.77 -4,997
INCOME STATEMENT FOR 2008
9. Income from investments, thereof affiliated companies
EUR 33,099,269.78 (2007: TEUR 22,308)
EUR EUR
Financial Statements 2008 | report ’08
| 88 | | 89 |
2007
in TEUR
33,133,587.79 22,437
10. Interest income of long term investments and loans 703,197.08 751
11. Other interest income and similar income 701,561,41 455
12. Income from the disposal and write-up of financial assets 81,303.08 0
13. Expenses from financial assets
a) Depreciation of financial assets EUR 1,146,000.00 (2007: TEUR 484)
b) Other expenses – financial assets and temporary investments
EUR 1,748,590.40 (2007: TEUR 2,237)
14. Interest and similar charges, thereof affiliated companies
EUR 4,083,435.08 (2007: TEUR 1,518)
-2,894,590.40 -2,722
-18,775,038.37 -1,596
15. Financial result = sub-total items 9 to 14 12,950,020.59 19,325
16. Profit on ordinary activities 4,627,856.82 14,328
17. Extraordinary result 0.00 -9,795
18. Income taxes 5,531,720.00 3,673
19. Net income after taxes 10,159,576.82 8,206
20. Allocation to reserves from retained earnings
other reserves (voluntary reserves) -7,350,000.00 0
21. Annual income 2,809,576.82 8,206
22. Profit brought forward from previous year 2,828,825.44 223
23. Balance sheet profit 5,638,402.26 8,429

eport ’08 | Financial Statements 2008
Consolidated Income Statement for 2008 Consolidated Balance Sheet as at 31 December 2008
CONSOLIDATED INCOME STATEMENT FOR 2008
2008
in EUR
2007
in TEUR
Sales 2,960,054,734.60 2,642,825
Lottery and sports betting payouts -1,774,207,947.28 -1,511,489
Gross gaming revenues 1,185,846,787.32 1,131,336
Gaming taxes and other taxes -576,983,254.21 -552,917
Net gaming revenues 608,863,533.11 578,419
Other operating income 69,367,809.25 47,445
Personnel expenses -273,635,479.40 -256,654
Depreciation and amortization -50,880,772.35 -44,043
Other operating expenses -316,178,525.79 -301,621
Income from associated companies 24,172,816.98 33,093
Operating result before restructuring expenses 61,709,381.80 56,639
Restructuring expenses -4,000,000.00 -6,990
Operating result 57,709,381.80 49,649
Financial income 15,591,686.52 14,781
Financial expenses -42,188,806.03 -23,598
Financial result -26,597,119.51 -8,817
Profit before taxes 31,112,262.29 40,832
Income taxes 3,821,895.31 519
Net income 34,934,157.60 41,351
Attributable to equity holders of the parent 20,260,193.92 26,809
Attributable to minority interest 14,673,963.68 14,542
34,934,157.60 41,351
CONSOLIDATED BALANCE SHEET AS AT 31 DECEMBER 2008
Financial Statements 2008 | report ’08
| 90 | | 91 |
ASSETS
31.12.2008
in EUR
31.12.2007
in TEUR
Cash assets 172,403,533.58 150,628
Financial assets 12,775,726.22 47,460
Receivables and other assets 120,461,452.10 63,060
Total Current Assets 305,640,711.90 261,148
Tangible assets 282,703,769.30 315,449
Investment property 25,400,000.00 0
Goodwill 283,964,736.12 281,450
Other intangible assets 46,875,529.20 66,767
Investments in associated companies 156,204,974.27 163,614
Other financial assets 184,426,240.25 192,021
Deferred tax assets 16,434,904.21 13,957
Other long-term assets 3,117,009.24 4,992
Total Non-Current Assets 999,127,162.59 1,038,250
Total ASSETS 1,304,767,874.49 1,299,398
LIABILITIES AND EQUITY
Short-term loans 86,560,884.87 53,709
Trade payables 22,189,649.78 22,733
Provisions 68,095,179.85 68,053
Tax liabilities 56,793,832.37 61,004
Other current liabilities 148,921,490.74 276,223
Total Current Liabilities 382,561,037.61 481,722
Long-term loans 611,747,879.51 498,518
Provisions for employee entitlements 58,922,973.00 54,356
Provisions for deferred taxes 10,892,402.03 11,195
Other long-term provisions 3,547,935.80 2,148
Other long-term liabilities 39,916,374.52 41,502
Total Non-Current Liabilities 725,027,564.86 607,719
Share capital 40,000,000.00 40,000
Other reserves and retained earnings 89,943,743.64 73,036
Revaluation reserves 16,853,350.16 0
Unrealized losses on financial instruments -1,276,500.00 0
Foreign currency translation adjustment -27,964,227.32 -8,611
117,556,366.48 104,425
Minority interest 79,622,905.54 105,532
Total Equity 197,179,272.02 209,957
Total LIABILITIES AND EQUITY 1,304,767,874.49 1,299,398

Imprint
Casinos Austria AG
Corporate Communications
Rennweg 44 | 1038 Vienna | Austria
Tel.: +43 (01) 534 40-321 | Fax: +43 (01) 534 40-319
E-mail: presse@casinos.at | www.casinos.at | www.casinosaustria.com
Publisher:
Casinos Austria AG | Martin Himmelbauer
Casinos Austria International | Hermann Pamminger
Design & Layout:
communico Advertising GmbH | 1010 Vienna | Austria
Translation:
Angela Dickinson | Sarah Hecht
Print:
Ueberreuter Print GmbH | 2100 Korneuburg | Austria
Photos:
Casinos Austria Photo Archive | Austrian Lotteries Photo Archive | Achim Biniek | GEPA pictures | Philipp Horak | Katsey | August Lechner | Prof. Ludwig Rusch

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