Reports
MARKET REPORT: ROMANIA
MaxBet began in 2002 and today operates in Romania, Belarus and Italy. In Romania MaxBet has some 64 locations of which 47 are in the Bucharest area with the rest in other main cities with a total of 5,500 slots. In 2007 they introduced the Nationwide Jackpot system to the Romanian market and last year they opened MaxFun entertainment centre, a huge space for youngsters with all sorts of activities from bowling to video games.
Te company has been active in Romania since 2005 and is known for its development of the biggest shopping mall in Romania, AFI Cotroceni which was later followed by AFI Ploiesti.
Tere are also plans to sell one of the most famous and biggest hotels in Romania - the Marriott Hotel.
Te building located next to the Parliament Palace is owned by Austrian construction group Strabag whilst the main shareholder is Societatea Companiilor Hoteliere Grande (SCHG). Te building is a 402 room hotel complex with 12 conference halls, six restaurants and lounges and the casino.
Strabag is asking for €140m for the building although it is understood no investor wants to pay that price and the best bid so far is €120m.
P64 NEWSWIRE / INTERACTIVE /
247.COM
Tere has been interest from Do-It-Yourself retailer Dedeman although they recently pulled out of a buyout of AFI Europe office buildings. Dedeman has 47 stores across Romania and is one of the largest companies in the country and fourth largest DIY company in Central and Eastern Europe with €1bn turnover annually.
Meanwhile the five star Radisson hotel complex in Bucharest, which includes the four star Park Inn, is also up for sale with a letter of intent signed in August 2017.
Te hotels are owned by Bucuresti Turism (Elbit Imaging of Israel) and operated by the Carlson Rezidor hotel group. Te property has been valued at €177.5m and the hotels have a total of 763 rooms – the Radisson has 424 rooms plus 63 elite apartments and restaurants, bars and conference rooms whilst the Park, which opened in 2015, has 210 guest rooms and 66
apartments plus restaurants and meeting rooms and a casino.
SLOT HALLS Tere are said to be some 271 operators licensed
for slot machine gaming. Some 90 per cent of these are small to medium businesses. Slot machines in the bars represent over 64 per cent of the total number of slots in the market, exceeding those operated in arcades and casinos.
Te AOPJNR said there are some 1,400 sites with two machines, 5,000 locations with three machines and 1,700 with four and 1,800 with five. Tere are around 950 dedicated slot halls with more than 15 slots in each.
Gambling operators must now connect their slots to central servers administered by the ONJN. Te interconnection had to be made
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