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CYPRUS - FIRST CASINO LICENCE IN 12 MONTHS Cyprus’s government has stated that plans to issue a first- ever licence for a casino resort in the south of the Mediterranean holiday island is moving at pace and should take less than 12 months.
"Procedures are moving fast, and the aim... is to award a licence for an integrated resort casino in less than a year," government spokesman Nicos Christodoulides said in a statement. There have long been casinos in the Turkish Cypriot north, but opposition from the influential Orthodox Church and concerns among many Greek Cypriots about the social dangers of gambling have kept them out of the south. A plan approved by the cabinet last year foresees a single super-casino resort, intended to attract big spenders to a country more dependent than ever on tourism after its once lucrative banking sector was ravaged by the eurozone debt crisis.
State lawyers are fine-tuning the proposed legislation before it is submitted to parliament for approval, which is expected despite objections from the main opposition party Akel. It remains unclear when the first casino would actually open but the investor would get to choose the location of the com- plex.
The licence would be valid for 30 years, with the successful bidder getting an exclusivity agreement for 15 years, and the state would charge a 15 percent tax on gross income from gambling, Christodoulides said.
FRANCE – GTECH FORMS FRENCH SUBSIDIARY GTECH is building direct contact and communication with French gaming operators through the creation of its new French subsidiary, GTECH France S.F.M.
Based in Paris and lead by its Director Marc Attal, GTECH France S.F.M. will directly provide sales, service and mainte- nance of gaming machines for the French gaming market.
The transition from GTECH’s former French partner and dis- tributor Ludi S.F.M. to the newly founded GTECH French operations is in progress, and will be seamless for customers.
GTECH has been doing business in France for 20 years, and has a solid understanding of the French market and its spe- cific requirements. French operators will now directly benefit from GTECH’s long-standing experience across all gaming segments and channels, including machine gaming, sys- tems, interactive, sports betting, and lotteries.
Marc Attal, GTECH France S.F.M. Director, said: “GTECH’s direct presence in France, one of Europe’s biggest gaming markets, will bring even greater benefits to our customers. Sales Manager Didier Tomas and our team look forward to developing these relationshipsWe are grateful to our previ- ous distributor in the French market, Ludi S.F.M., for two suc- cessful decades of business together, and wish them all the best and great success for the future.”
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OPENING FOR RANK IN SOUTHEND
A consortium has bought a huge area of Athens waterfront with plans to develop the area into a massive luxury resort Greece - New Licences
Rank Gaming has earmarked September 18 for the opening of its Grosvenor Casino and Mecca bingo hall, which is set to open underneath the Park Inn Palace Hotel.
The £6m casino will boast a 100-seat poker room, along with slot machines, electronic gaming and a VIP room for high-stakes games. It will also have a restaurant and bar and a separate sports lounge with betting terminals, showing Premier League football, rugby, cricket, boxing and motor racing.
Tom Docherty, general manager of Grosvenor Casino Southend comments: “Southend is a popu- lar seaside town that has a long established asso- ciation with entertainment and innovation, mak-
ing it the ideal location for our new casino. We’re confident that our new casino will attract both new and existing gamers into Southend with its state-of-the-art facilities and will grow further interest in the area as a key tourism destination.
“Through the opening of the casino, not only will we provide the local area with a stylish new venue where you can enjoy the thrill of gaming and live sports around the clock, but we will also support employment in the local area through the creation of over 100 jobs.
“We look forward to welcoming customers into the casino when the doors open in September bring- ing a new and exciting venue to Southend that’s perfect for serious gamers or those just looking for a fun, alternative night out. We’re hugely excited about our casino sports lounge and sports betting facilities as this will be only the second Grosvenor Casino in the UK to have such facilities and so the people of Southend are getting a unique Grosvenor experience.”
Inspired sign five year extension with William Hill’s 2,400 LBOs
UK Inspired Gaming Group (Inspired), the leading supplier of SBG Video Lottery and Virtual Sports prod- ucts, today announces it has signed a five-year extension to its long-term partnership with William Hill for the supply of serv- er-based video lottery gaming machines and Virtual Sports. The new contract also includes over 4,000 additional Eclipse cabinets in William Hill’s 2,400 licensed betting offices.
The premium four-screen Eclipse cabinet comes complete with a digital topper and an interactive touch and swipe SmartDeck play- er panel with OpticV video but- tons, in addition to the two pri- mary HD widescreens. Inspired has already deployed over 10,000
Eclipse terminals in under 12 months with major operators including William Hill, Paddy Power and Betfred.
Luke Alvarez, Founder and CEO of Inspired, said: “William Hill is one of the world’s leading gambling companies and it’s a testament to the quality of Inspired’s innova- tion and operational services that we have renewed and extended our long-term partnership for a further five years. We recently announced a new desktop and mobile content deal with William Hill’s Online business and look forward to innovating across all of William Hill’s channels to provide its players with more entertain- ment, whilst using new technolo- gy to identify and protect vulnera- ble players.”
Gibraltar NYX Gaming has been granted a Gibraltar license. The news follows the recent announcement that SNG Interactive, NYX Gaming Group’s joint venture with Sportech PLC, has entered into an agreement to provide a new online gaming platform to the Atlantic City-based Resorts Casino Hotel following the November 2013 decision by the state of New Jersey to legalise online gaming in the State. NYX Gaming Group’s expansion into regulated markets worldwide continues with the announcement that the group has been granted a Gibraltar B2B license to provide remote gambling services.
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