Delays hit the Opening of Imperial Club
Te Imperial Club Paris, owned by the Raineau group, which was to be the second Parisian gaming club to open, was forced to delay its May 6 opening
Te delay was due to opposition from local officials that has slowed down the administrative procedures. Te Imperial Club was cleared on June 12, 2018
FRANCE CASINO OPERATIONS
Te Imperial Club Paris, owned by the Raineau group, which was to be the second Parisian gaming club to open, has been forced to delay its May 6 opening. Due to be the first gaming club in the heart of Chinatown ‘for fans of card games,’ the venue will open within the Masséna shopping center. Te most recent delay to the opening of the 888sq.ft gaming club was, according to its owners, ‘beyond their control.’
Anne-Christine Lang, MP LREM and Councilor of Paris in this district, said: "After the excesses and the malpractices of the Circles of games closed definitively, the Parisian executive, the majority of the Council of Paris and that of the Assemblies have rightly considered that it was important that the City of Paris, first tourist destination in world can be provided with a game offer on the condition that it is subject to a very strict control from the Ministry of the Interior, For the sake of consistency and because it is important that the laws voted apply," she adds, "I support the establishment of this establishment in the 13th arrondissement. However, residents' concerns must be heard. Despite the guarantees that have been given, many residents have expressed their concerns and fear the consequences of the opening of this
Blackstone continues gaming acquisition trail with Superbet deal
Romania
Superbet, the largest sports betting and gaming company in Romania, has received a strategic investment of €175m from Blackstone Tactical Opportunities, part of Blackstone Group.
“Capital infusion from the US fund backed by rich experience makes Blackstone a partner capable of supporting Superbet Group to maintain its market leadership in Romania, to continue to increase its market share and, above all, to be able to capitalizing on opportunities to expand business in both Central and Eastern Europe and globally,” commented Sacha Dragic, co-founder and CEO of Superbet discussing the deal with Blackstone..
facility on the environment and public order. Tese concerns were relayed by the Mayor of the 13th and the Parisian executive, who had however approved the principle of the opening of gaming rooms in the Paris Council.’
Te delay was due to opposition from local elected officials that has slowed down the administrative procedures. Te Imperial Club was cleared on June 12, 2018, to open with 24 tables. Te first establishment authorised to participate in this experimental phase was the Paris Elysées Club, which opened on April 25, 2018, next to the Champs-Elysées.
Te openings of Parisian gaming clubs should increase in the coming months. Te Circus Club Paris of the Ardent Belgian group should be opening soon. Te Barrière Club has invested the former premises of the Aviation Club de France, on the Champs-Elysées (8th arrondissement), opposite Fouquet's. It will have to undergo major renovations. Club Berri, a stone's throw from the Barrière club, is expected to open this summer. With 12 tables, it will focus on matching games, including the Punto Banco. Te Montmartre Club will open in the premises of the old circle Clichy-Montmartre, which was closed last year.
“We are delighted to be able to start working with Sacha Dragic and the excellent management team he has created at Superbet. It is impressive that the Romanian company has invested in multi-channel and digital operations, including the launch of its own online gaming and betting platform, all made to the international standards of the industry. We are anxious to support the upward trend of Superbet, whose growth model is based on international expansion and on continued technology investments,” said Andrea Valeri, Senior Managing Director at Blackstone.
In March, Blackstone announced its plans to acquire the social gaming assets of Ukraine-based Murka Entertainment, while the sale of its Cosmopolitan Casino in Vegas appears ever more likely in the near future.
Spain
In related news, Blackstone Group is considering an IPO offering for its Spanish casino giant Cirsa. Like all investment funds, Blackstone has no vocation to remain a major shareholder for a prolonged period. Tus, everything seems to indicate that it will recover an old aspiration of the company: go public. Te New York-based asset management and investment firm acquired Cirsa in April 2018 for an undisclosed sum, but the casino operator’s asking price was said to be between $2.4bn and $3bn. A bidding war ensued between several private equity giants including former Caesars owner Apollo Global Management and Cerberus Management. Cirsa presently controls 24 per cent of the gaming industry in Spain. Te company additionally owns 160 casinos or gaming venues in Mexico, the Caribbean, and South America.
TANZANIA – Following several high performing launches in different establishments in Bulgaria, Romania, Macedonia, Georgia and Belarus, the Spider casino management system of Euro Games Technology had another breakthrough installation – its first in Africa. It has taken place in Winbet’s newest gaming hall in Dar es Salaam, Tanzania, after the owner appreciated the software as a valuable asset, having it installed in the rest of its operations in other countries.
“It is remarkable to see our system initiated outside Europe,” shared Petar Spasov, head of EGT’s Casino Management Systems Department. “Winbet is our partner for several years now and Spider CMS has improved the efficiency of their casino operations, customer loyalty programs and player satisfaction to a great extent. The product has been installed in its full capacity, so I have no doubts in its performance in Tanzania. It is ready to meet all specifics of the local market.”
Spider CMS is a highly advanced solution from EGT and includes different modules, each securing the control of certain casino activities. It supports multi- denomination and multigame progressive jackpots and standard and time-based mystery jackpots. The player tracking and bonusing modules are also enriching the software with valuable features, like real-time information about the players, detailed client history, customisable loyalty and incentive programmes. “The customisation abilities of our product are its core advantage,” added Mr. Spasov. “It may be easily tailored to the requirements of any operator in any part of the world. Spider CMS is also simple to install and connect, requires a non- complex IT infrastructure, has a user-friendly interface and supports many features. The best part is that it is always evolving to cover more and more aspects of operator’s business.”
CANARY ISLANDS – The government of Canary Islands, Spain, has announced the planning of a second casino on Fuerteventura Island. In an official release, the Canary Islands government announced a new tender for the proposed casino. The gambling operators, including international limited companies, are welcome to place the tender. The companies placing bis should have a minimum share capital of 3 million Euros. The submission window for the tenders will be open for 30 days.
The selected operator will be granted the construction license for the casino. This would be the second casino on the Island. The Grand Casino Antigua on Fuerteventura Island was open for the public in 2013. The proposed casino will also feature bars and restaurants along with amenities like conference hall, cinema, theatre and swimming pool and more. A four-star hotel is also a part of the plan.
NEWSWIRE / INTERACTIVE / MARKET DATA P23 EMEA
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