Lecture with Owen van Lamot, CEO of Casinos Austria

Jul 13, 2024

The Huddle Episode with Owen van Lamot, CEO of Casinos Austria

Introduction

  • Special episode featuring Owen van Lamot
  • Owen recently won Executive of the Year at the Gold Gaming Awards
  • Interviewer thanks Owen for joining and congratulates him on the award

Reflections on Winning Executive of the Year

  • Owen is honored and humbled by the recognition
  • Acknowledged his team and family for their support
  • Emphasized it's recognition for collective hard work

Owen's Career Background

  • Previously in live entertainment and television production for 15-20 years
  • Ran four and five-star deluxe hotels
  • Finds gaming industry a perfect blend of entertainment and hospitality
  • Gaming has entertainment but also stringent regulations

Transition to Casinos Austria

  • Previously CEO of Holland Casinos
  • Move to Casinos Austria was a significant decision
  • Attracted to Austria’s integrated gaming model (lottery, online, VTS, casinos)
  • Faced challenges: new market, different language, licensing requirements

Strategic Focus at Casinos Austria

  • Online Business: Double-digit growth, innovation-driven
    • Monopoly position but faces 42% market share challenge from illegal operators
  • Casino Business: Focus on the younger generation (24+ years) and elderly fun activities
  • Emphasis on complete experience: entertainment, restaurants, beautiful buildings
  • Environmental challenges with maintaining historic buildings
  • Commitment to inclusivity in workforce and clientele

European Casino Association (ECA) Updates

  • Owen re-elected unanimously as Chairman for three more years
  • Tina from Finland as official Vice-chair; Lauron Asas from France as second Vice-chair
  • Priorities:
    • Regulation: Combatting illegal activities in Europe
    • New AML regulation and agency
    • Talent development: Making the industry attractive for new talent

Conclusion

  • Owen thanked for his time and insights
  • Congratulations reiterated for the award
  • Best wishes for future endeavors at ECA and Casinos Austria