originally built in 1917 but two years later it was forced to close its doors and didn’t then re-open until 1933. In 2007 the casino moved to a large futuristic building on Lake Lagano and became a multi functional venue for events across nine floors. Te construction took seven years and cost €160m. Tere was 55,000sq.m of gambling space whilst the gaming halls could accommodate up to 3,100 gamblers at a time.
However, with competition from online casinos, the financial crisis in 2008, the devaluation of the euro the casino struggled and was forced to close its doors. Te hope is the re-opened casino will bring in annual gaming revenues of €41m rising to €80m by the fifth year. Before the casino closed it was taking in revenues of €91m.
year settlement plan with Como Bankruptcy Court. Te casino will include further entertainment offers such as art and exhibitions.
Te abrupt closure was a major blow for the 2,000 residents in the tiny enclave, which is surrounded by Switzerland, as it was a major employer with 500 direct jobs loss and another 300 in affiliated businesses.
Te casino was the area’s main attraction, and this had a knock-on effect on shops, bars and restaurants which also closed. Ten of course Covid hit and aggravated the situation.
Te casino is located on the shores of Lake Lugano, about 60 km from Milan and is run by the Municipality of Campione. Te casino was
Te casino re-opened with a partnership with Novomatic and an ‘All in one Touch’ system which enables visitors to enter the gaming hall, play and take part in promotions via new technology with a touch to operate. Te casino has 650 slots and table games.
CASINO MUNICIPALE DI SANREMO
Casino SanRemo is Italy’s oldest casino and opened in 1905 and was designed in the art nouveau style by French architect Eugenio Ferret.
Te building is in the heart of the city and has remained relatively unchanged over the years although it was closed from 1940 until the end of World War II but escaped unscathed by the war.
SanRemo began to develop as a tourism haven in the mid 19th century and winter tourism was promoted alongside the development of large hotels.
Te casino complex is located over 2,500 sq.m consisting of restaurants, gaming halls for slots, table games and poker. Tere are 451 slots in total plus online gaming via
online.casinosanremo.it which offers live roulette, slots, and table games.
Casino revenue amounted to €27.4bn in 2020– a 46 per cent decline on 2019 data. Slots make up 77 per cent of the revenue with €19.2m.
CASINO MUNICIPALE DI VENEZIA (SUMMER/WINTER VENUES)
Te first gaming houses were established in Venice back in 1638 and the area became known as the centre of entertainment for the elite. In 1959 the Casino Ca’ Vendramin Calergi (winter casino) opened its doors in Calergi.
Housed in an elegant palace which overlooks Venice’s Grand Canal it is said to be one of the most beautiful gaming houses in the world.
In 1999 the Ca’ Noghera (summer casino) opened its doors and was the first American style casino located in a 5,000 sq.m building on the mainland near the airport. Te casino is owned by Vittoriosa Gaming Ltd of which 40 per cent is owned by Municipality of Venice and BetLive Ltd. Te casinos have 600 slots in each and various table games plus online games via
WIRE / PULSE / INSIGHT / REPORTS P87
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