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Sale of Tenerife Casinos by End of Year EMEA


Der Sonderausschuss des brasilianischen Senats hat die neue Glücksspielgesetzgebung gebilligt. Bei dem Gesetz handelt es sich um eine aktualisierte und überarbeitete Fassung des von dem Senator Ciro Nogueira 2014 vorgelegten Gesetzentwurfs, allerdings mit einer Reihe ein- schneidender Änderungen. Laut Auskunft des Senats ist die Abstimmung über ihn in Kürze zu erwarten.


Storm International haben ihren mexikanischen Ableger, die seit 2009 tätige, zwei Komplexe, das Hollywood I und das Holly- wood II, mit insgesamt über 1.000 Spielautomaten umfassende Storm International Latin America (SILA) in Monterrey verkauft. Weder der Kaufbetrag noch der Käufer wurden bisher bekanntgegeben.


Der Vorsitzende des Oberverwaltungsgericht- shofes der Dominikanischen Republik hat einen Antrag von Ortsansässigen, die Widerspruch gegen das derzeit in Bau befindliche Hard Rock Hotel & Casino in der Landeshauptstadt Santo Domingo eingelegt haben, bis auf Weiteres vertagt.


Merkur Gaming hat die Gründung eines neuen Unternehmens bestätigt und suchen derzeit im argentinischen Buenos Aires nach geeigneten Räumlichkeiten. Nach Unternehmensangaben wird die Eröffnung der neuen Niederlassung in Argentinien für die ersten Monate 2017 erwartet. Sie soll die Innova- tionen und Spitzenleistungen des Unternehmens auf einen der nach wie vor dynamischsten Glücksspielmärkte in Lateinamerika bringen.


Einer Entscheidung der kolumbianischen Glücksspielaufsicht (Coljuegos) folgend bereitet die Staatsregierung die Sperrung der in Kolumbien ohne offizielle Zulassung betriebenen Webseiten internationaler Sportwettenanbieter vor.


Sun Dreams kommen nach der Annahme der Bedingungen für ein neues Darlehen über 150 Mio. US Dollar von den Banken BCI, BBVA, Banco Estado und Banco de Chile mit ihren Expansionsplänen in Lateinamerika gut voran.


Der Präsident des Rates von Teneriffa, Carlos Alonso, hat angekündigt, dass das Schätzergutachten bezüglich des Wertes der drei bestehenden Spielbanken der Insel in Kürze veröffentlicht wird, um deren Verkauf voranzutreiben. Der Regierungsvertreter gab zu Protokoll, dass das Gutachten spätestens Ende diesen Jahres fertig sei, und dass es sein Ziel sei, das Ausschreibungsverfahren „schnellstmöglich“ zu eröffnen.


Der slowenische Vertriebspartner von EGT, Fininvest, hat drei weitere Installationen bei einem ortsansässigen Betreiber, der Hit-Gruppe, vereinbart. Das Unternehmen, das mehr als 210 Spieltische und 3.300 Spielautomaten betreibt, vertraut einmal mehr den Erzeugnissen des bul- garischen Herstellers, die ihren Markterfolg bei Hit bereits unter Beweis gestellt haben.


P12 NEWSWIRE / INTERACTIVE / 247.COM


Te Council of Tenerife has stated its intention to sell its three state-owned loss-making casinos by the end of 2016


Council of Tenerife sets a date for the sale of its three casinos as profits continue to fall, dropping almost 50 per cent in two years


SPAIN CASINO OPERATIONS


Te President of the Council of Tenerife Carlos Alonso, has said that the appraisal report on the value of the three existing casinos on the island will soon be made public in order to proceed with their sale. Te official said that the report would be ready at the latest by the end of this year and that his goal is to put them forward for tender “as soon as possible.”


According to the official: “Te sale of the casinos will serve to increase the competitiveness of tourist activity on the island.” Tis he said had been the initial goal when the local government first allowed casinos on the island more than 30 years ago.


Despite three operators allegedly expressing their interest, no one came forward to buy Playa de Las Americas casino in the south of Tenerife when it went up for tender in 2014. Tis was despite the fact that the casino was the only profitable casino on the island. Alonso said that the failure to sell the casino was because while there were three bidders: “Te value of the sale was related to the income stream for the whole life of the casino beyond the licence, so that investors said that there was uncertainty because the value was great due to the income received for so long and the casino (licence) had


Russia Tigre de Cristal set for $500m Phase 2


Te owners of Tigre de Cristal, the biggest casino in Russia’s Integrated Entertainment Zone in the Primorye Region near Vladivostok, will invest US$500m in developing the project’s Phase 2. G1 Entertainment, a majority- owned subsidiary of Summit Ascent Holdings Limited, the company behind the casino, has confirmed that Phase 2 of the project will add 100,000 square meters to the project including a hotel with between 400 and 500 hotel rooms, conference rooms, banqueting facilities, restaurants and bars, a food court, shopping mall and a spa.


Craig Ballantyne, Executive Director of G1 Entertainment, said: “Te project includes additional space for parking, in addition, there is a possibility to construct a golf course. Te project totalling $500m will contribute to further development of the economy by


increasing tourism, subsequently, the development of the region and provide direct employment opportunities for more than 2,000 people. We intend to turn an integrated entertainment resort Primorye into a place for recreation and world-class entertainment.”


Te casino has been operating an average of 23 mass gaming tables, up to 14 VIP tables and 319 slots. It reported an increase in the number of visitors which went up from 500 to 1,000 customers per day Te increase helped it to post a net profit of US$219,100 for its first six months of the year. Rolling chip turnover increased from $33.2m in Tigre’s first month of operation in November to $257.8m in July increasing to $283.6m for August. Te Primorye economic zone will be home to as many as eight casinos in the future with $2.7bn already in place in commitments.


to be renewed every 10 or 20 years and this made for uncertainty when it came to revenues. Tis is the the kind of problem which we have to resolve and I don’t think we will have any problem because we have enough (potential bidders) interested in the sale,” he said.


Proposals put forward in 2014 would see casino expansion in other hotels throughout Tenerife. While the administration was at pains to express that the opening up of the market would not hail in a new era of Las Vegas type gaming on the island, it was hoped that if the market was liberalised then it could bring significant investment in the area and increase the number of attractions currently on offer.


However, unions and many officials have been against the move from the beginning and have delayed the process. In May this year local counsellor Julio Concepción, said that the sale of the casinos was a “disgrace” “irresponsible” and an example of “arbitrary” policy that would have no benefit on the local community.


Meanwhile profits have continued to fall with the three casinos reporting combined earnings of €476,398 in 2105 compared to €919,748 in 2014 – a decrease of 48.2 per cent.


Greece


OPAP SA announced that, following the introduction of a new VLTs regulation by the Hellenic Gaming Commission, the company's Board of Directors has decided that all of the appropriate conditions are now in place to allow OPAP to restart plans for the operation of VLTs in Greece. Te new regulation decided by the Hellenic Gaming Commission establishes a comprehensive institutional framework that secures public interest and public revenues and at the same time allows the economic viability of the VLT business for OPAP and its partners. Te new regulatory framework takes advantage of the latest gaming technology and leverages all available restrictive measures in order to protect players, in line with international best practices for responsible gaming.


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