Hungarian state-owned lottery company revenue climbs 14%
Hungarian state-owned lottery company Szerencsejáték Zrt. acquired a revenue of HUF 243.3 billion last year, performing approximately 14% better than in 2012, Hungarian business daily Világgazdaság published on Wednesday.
Ban on slot machines from all public places but casinos might have attributed to Szerencsejáték’s revenue increase as well as real household incomes.
The company paid HUF 62.5 billion on taxes and HUF 8.5 billion in dividend to the state on last year's earnings. HUF 21.4 billion of the HUF 46 billion revenue was spent on supporting culture, film and sports.
The growing tendency of their revenue might be soothing the company’s dissapointment over not winning casino concessions at all.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.