Operator News
Australia – Aquis selling Casino Canberra to Capital Leisure & Entertainment
By Phil - 13 May 2022
Aquis Entertainment is selling Casino Canberra to Capital Leisure & Entertainment Pty Ltd, which is owned and controlled by interests associated with the Oscars Group for A$52m.
Allison Gallaugher, CEO of Aquis and Casino Canberra, said: “The Transaction provides considerable
value to the Company and its shareholders. It recognises the attractive operating performance of the
business which has continued to trade well since reopening post the Covid-19 lockdowns. As an
employee of Casino Canberra, I am also very excited about the future and working with Oscars on the
continual improvement of our business.”
Aquis Entertainment is selling Casino Canberra to Capital Leisure & Entertainment Pty Ltd, which is owned and controlled by interests associated with the Oscars Group for A$52m.
Allison Gallaugher, CEO of Aquis and Casino Canberra, said: “The Transaction provides considerable
value to the Company and its shareholders. It recognises the attractive operating performance of the
business which has continued to trade well since reopening post the Covid-19 lockdowns. As an
employee of Casino Canberra, I am also very excited about the future and working with Oscars on the
continual improvement of our business.”
Mario Gravanis, Director of Oscars, said: “We are excited by the opportunity to acquire the Casino
Canberra business. We will be working closely with Aquis over the coming months to satisfy the
necessary conditions precedent with minimal disruption to the business and look forward to working
with the Casino Canberra team in the future.”
