France – Barrière to invest €3.78m in Dinard as licence is extended for 15 yearsBy Phil - 6 January 2020
Lucien Barrière has had its license renewed for 15 years for the operation of Casino Barrière Dinard on the premise that it invests €3.78m on its renovation.
During the municipal council of the city of Dinard (Ille-et-Vilaine), on December 16, elected officials unanimously voted to renew the contract with the current delegate for a period of 15 years from May 1, 2020. A subsidiary of the Barrière group, the new company of the Emerald Palace retains the management of the casino.
The restaurant will move from the first floor to the ground floor and the current location of the restaurant, soon vacant, will allow the gaming floor to be enlarged. Previous work had been carried out before the G7 which brought together the foreign ministers April 5 and 6, 2019.
The rent paid by the casino to the city amounts to €350,000 per year, to which must be added a tax of 15 per cent which should bring the city about €1.8m per year. The casino will pay an artistic and cultural contribution of €50,000 per year.