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OLYMPIC SET TO EXPAND INTO MALTA
GIBRALTAR – PAF AND SUNBORN TO OPEN CASINO The Åland-based gaming company Paf and the Finnish hotel company Sunborn are in the process of opening an interna- tional casino on board the floating five-star superyacht Sunborn Hotel in Gibraltar. The casino, to be named Casino Sunborn, will offer visitors over sixty slot machines, four roulette tables and four card tables. Subject to the granting of a licence and regulatory approval, the planned opening date is in April. The casino is a joint proposal between Paf and Sunborn and will be located aboard the 142-metre-long seven-story-high Sunborn Hotel superyacht in Ocean Village Marina in downtown Gibraltar.
In addition to the international Casino Sunborn and 189 five- star hotel guest rooms, the Sunborn Hotel in Gibraltar also offers a range of high-class restaurants and bars, an exclu- sive spa and pool area, a modern conference centre and a superb sundeck.
"The opening of the Casino Sunborn in Gibraltar with Sunborn signifies that Paf's land-based activities are now taking a big and exciting step into Europe, just like
Paf.com online. The casino will also be a good base for creating syner- gies with our internet-based business. Our hope is that Paf's nearly 50-year experience in the gaming industry combined with Sunborn’s knowledge of the international hotel industry will contribute to a unique casino experience for visitors," says Anders Ingves, CEO of Paf.
Recruitment for the Gibraltar Casino Sunborn will commence with croupiers, managers, cashiers and security staff being employed.
SOUTH AFRICA – EGT COMPLETES PREMIER INSTALL Euro Games Technologies has installed its P24/24 Up slot machines from the Premier series in the Emperors Palace Hotel Casino Resort situated close to the O.R. Tambo International Airport in Johannesburg.
The installation of eight cabinets marks its entry in the South African market. The P24/24 Up performed ahead of expec- tation for the operator paving the way for further installations of EGT’s products.
Steve Diversi, Director of Custom Gaming Solutions, the dis- tributor of EGT for South Africa commented: “Both Custom Gaming Solutions and EGT are very pleased with reception the machines have received to date. The newly delivered bank to the main floor of Emperors is proving to be incredibly popular with the customers. Peermont Global, the hospitality and gaming company, operating the resort, is extremely sat- isfied with the P24’s so far. This new installation increases the number of EGT’s products on Emperors gaming floor, adding Premier machines to the previously owned Vega Vision Up cabinets.”
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Stuttgart and Baden-Baden welcome latest IGT Avatar slots
GERMANY On December 13, 2014, slot enthusiasts in Germany cele- brated the arrival of IGT’s James Cameron’s Avatar Treasures of Pandora Video Slots at Casino Stuttgart and Casino Baden- Baden. The award-winning slots transport players to Pandora through best-in-class content, gripping graphics and prolific payouts. The landmark installa- tions will mark the first time IGT’s Premium Plus content is available for play in the region.
“We could not be more excited about putting the Avatar games on our casino floors,” said Otto Wulferding, CEO of the Baden- Württembergische Spielbanken
GmbH & Co. KG. “With the global appeal of the Avatar brand, cou- pled with the rich gaming experi- ences that these games offer players, we are confident these machines will be a great enrich- ment for our casino floors.”
“The introduction of IGT’s Premium Plus portfolio in Germany represents a pivotal step in further propelling gaming entertainment in the region,” said Sabby Gill, IGT SVP International Sales. “IGT is deeply committed to our cus- tomers and their players in this region and placing titles such as Avatar gives operators a tool to drive coin-in and elicit player excitement.”
Estonia-based operator, Olympic Entertainment Group, is to enter the Malta market with its largest ever casino| Malta - New operations
Baltic-born operator Olympic Entertainment Group has confirmed it is to enter the Malta mar- ket where it will build its largest ever casino. Covering close to 2,700 sq. metres, the casino will be called Casino Malta by Olympic Casino and will be opened in the second half of 2015 at the Malta InterContinental Hotel. It will feature more than 250 slots, close to 30 casino and poker tables as well as sports betting and bar area. OEG will invest up to €7m in the new casino.
The new casino will be established in cooperation
with Maltese hotel and entertainment enterprise Eden Leisure Group and OEG will start to operate the casino under a management agreement.
Olympic Entertainment Group (OEG) is beginning the provision of casino management services in Malta. For the Malta operations subsidiaries OEG Malta Holding Limited and OEG Malta Gaming Limited have been established in Malta. OEG owns directly or through subsidiaries 100 per cent of the Maltese subsidiaries’ shares. OEG Malta subsidiary has concluded an agreement for the provision of casino management services and related service to Maltese company Casino Malta Limited and associated companies. As part of the transaction OEG acquires through OEG Malta Holding Limited subsidiary 1 preferred share of Casino Malta Limited. The preferred share does not confer the right to vote.
Greece The privatisation of OPAP, the former state betting agency, “is not a done deal,” according to Greece’s main opposition Radical Left Coalition (SYRIZA) leader Alexis Tsipras. “For us, the national crime of privatising OPAP, especially under the scandalous terms this was done with, is not a done event,” Tsipras told the national federation of lottery agents about the 2013 privatisation. “A government based on SYRIZA will not say ‘Que sera, sera’,” he added and asserted his party’s government would never allow the rampant creation of casinos. It’s not all bad news for OPAP however, as the EU general court upheld its right to an 18 year exclusive licence to operate 35,000 video lottery terminals from the Greek government, which had been challenged as ‘illegal state aid,’ by the country’s casino operators.
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