Germany – Gauselmann buys share of casinos in Mainz, Trier and Bad Ems EspelkampBy Phil - 12 March 2019
The family-run Gauselmann Group from Espelkamp, Eastern Westphalia, is expanding its involvement in the casino segment.
Through Gauselmann Spielbanken Beteiligungs GmbH, it is investing in Spielbank Mainz and in its general partner Spielbank Mainz Beteiligungs GmbH. Further shareholders are Spielbank Bad Neuenahr and Novomatic Spielbanken Holding Deutschland.
The Mainz, Trier and Bad Ems casinos employ around 150 staff. The licence to operate casinos runs until 31 March 2027 and can be extended once by a maximum of five years. In addition to the three aforementioned casino locations, there are a further three casino locations in Rhineland Palatinate that do not form part of the investment.
“The Gauselmann Group’s decision to enter the casino segment proved to be the right one. The three casinos we currently operate in Saxony-Anhalt are the most modern in Germany and accordingly successful. Our involvement in Spielbank Berlin, in which we have a stake, has also had a positive impact. We are excited to further pursue this successful avenue through our investments in the casinos in Mainz, Trier and Bad Ems,” said Paul Gauselmann,
founder and Chairman of the Management Board of the Gauselmann Group.