Malaga skyscraper could feature casino EMEA
Te Qatar-based Al Bidda Group has been given permission to build a hotel in the Port of Malaga and included a casino as part of its business plan
A skyscraper hotel to be constructed in Malaga by Al Bidda Group must clear regulatory hurdles if it’s to include a casino as part of the development
SPAIN CASINO OPERATIONS
MACEDONIA – The official inauguration of the expanded casino premises at the Macedonian Casino FlaminGO was celebrated last month with a grand festivity and 3,000 guests as well as NOVOMATIC brand ambassador Niki Lauda as a special VIP guest.
Following the takeover by the NOVOMATIC Group and an investment in extensive refurbishment measures amounting to some EUR 40 million, Casino FlaminGO reopened at the beginning of 2014. The latest expansion of the casino premises, which has now concluded, amounted to a further EUR 14 million.
The Casino FlaminGO complex to date comprises a hotel with 60 rooms and Spa & Wellness areas, as well as two restaurants, three bars, a café and a nightclub. The casino floor offers 26 live gaming tables with a comprehensive offering, and the number of slots has now been expanded from the original 470 gaming machines to 920 terminals – and will further increase to 1,001 units by the end of the year.
At this point, Casino FlaminGO will become South East Europe’s largest casino, offering jobs for 570 staff and welcoming more than 500,000 guests per year.
SPAIN – Spanish multinational Codere has announced that it will focus its growth initiatives in Spain around sports betting while it will remain attentive to the local market via the purchase of additional slot machines.
Codere has also announced that it is seeking to purchase slot parlours and launch sports betting in Italy while in Mexico it plans to deploy a strategy focused on acquisitions. Codere has also signed an agreement with Comar Group (Grupo Comar), which is the leading operator of private gaming in Galicia. The agreement will allow both companies to operate sports betting jointly.
The agreement means that Codere will strengthen its presence in this community, as a result of the “enormous expansion Comar has made in Galicia during its more than three decades of history in the private gaming sector.” The agreement carries “a high strategic value for both companies, as it will provide continuity to a number of other projects already developed in other communities.” Both companies have worked together in Galicia since 2013. Comar was founded in 1984. At present, it consists of 60 companies operating in both national and international markets and in a wide range of activities including casinos, bingo halls, slot parlours as well as tourism (hotels, restaurants), and property development.
P22 NEWSWIRE / INTERACTIVE /
247.COM
Te Qatar-based Al Bidda Group, which has been given permission to build a skyscraper hotel in the Port of Malaga, has included a casino as part of its business plan.
Te casino would help enable the company to make the project more profitable and make a faster return on the €106m ,which it will invest in the construction of the hotel. Te casino would have an estimated cost of €3.6m.
According to local gaming rules, however, a casino would not be permitted on the premises as only two casino are allowed per province and gaming regulations in the autonomous region rule that casino licences may only be granted after a tender process has been carried out.
Currently Malaga already has two casinos also linked to a hotel: Te Casino de Marbella, which is located within the grounds of the Andalucía Plaza Hotel, and the Torrequebrada casino located on the Benalmádena coast in the HB Torrequebrada Class Hotel. Te Casino de Marbella has 101 gaming machines and also features American Roulette, Black Jack,
Swiss Casino Zurich jackpot hits for 7.5m for lucky winner
Switzerland
Te biggest ever slot machine jackpot in Europe has just been hit on a Wide-area System supplied by DRGT.
Te lucky lady who became an instant millionaire was playing at Swiss Casino Zurich on September 18 when she hit the winning combination and took home a tax free 7,560,857 Swiss Francs.
Te SWISS JACKPOT can now be played in seven casinos: Grand Casino Bern, Baden, Luzern, Basel, St. Gallen, Lugano and Zürich, making it the most exciting in Europe.
DRGT’s Wide-area progressive jackpot technology, used by the SWISS JACKPOT, links slot machines in different casinos that allows operators to offer
Caribbean Poker and Texas Hold’em Poker. Although smaller scale with 23 tables and 80 slot machines the Torrequebrada casino is also a highly popular tourist destination.
Te Bidda group is currently thought to be considering the purchase of one of the current licences and is rumoured to be in talks with Gran Madrid Business Group, which manages and operates the Casino de Torrequebrada- Malaga as well as the hotel and casino complexes in Torrelodones (Casino Gran Madrid) and Cartagena (Gran Casino Cartagena).
Te Al Bidda Group has investments throughout the Persian Gulf. Currently named ‘Suites Malaga Port’ the new skyscraper will be located on the Dique de Levante the jetty which delimits the eastern side of the port.
Te building, will rise to 135 metres, house 352 rooms, provide parking for 485 vehicles, feature a conference centre, luxury shopping centre, swimming pools, a spa, and possibly a casino. Te project was endorsed by the city council last month and is due to open in 2020.
players either larger jackpot prizes or faster hit rates.
“We offer our congratulations to the lucky customer who won this record jackpot and thank the Swiss Casino operators for their trust in DRGT to supply the technology that drives this prestigious solution.” said Jurgen De Munck, CEO and co-founder of DRGT. “I would also like to invite operators to contact our team to understand why DRGT should be your next system. Our team of industry experts can show you all about our unique, rich jackpot solutions that are fully scalable from one slot machine to thousands of machines spread across hundreds of sites.”
Te same proven jackpot technology is now also available for table games, giving operators the chance to connect tables across their casino(s) to offer a more exciting customer experience, specifically targeted to attract millennials.
UK
After a very brief flurry of activity, William Hill and Canadian online gambling company Amaya abandoned merger talks, leaving the British bookmaker struggling to find a partner in a fast consolidating industry. Amaya, operator of the PokerStars website, and William Hill, one of the best-known British gambling brands, had said they were in talks about a merger of equals, but the deal was thrown into doubt when a leading investor in William Hill said it would oppose the plan. Te Canadian company said it had decided it could best deliver shareholder value by remaining an independent company, while William Hill said it decided to walk away after canvassing its biggest investors. Amaya shares tumbled 8.3 percent. William Hill turned down a joint takeover from 888 and Rank Group in August and is looking increasingly isolated after Paddy Power and Betfair joined forces, while Ladbrokes agreed to unite with Gala Coral.
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