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Tag Archives: Casino Locarno

Switzerland – Stadtcasino Baden snaps up 81 per cent share of Casinò Locarno

Stadtcasino Baden AG has bought an 81 per cent stake in Casinò Locarno SA from ACE SWISS Holding AG. The transaction still needs to be approved by the Federal Gaming Commission (ESBK). With the sale of the majority stake in Casinò Locarno SA, ACE Swiss Holding AG is following its strategy of focusing on the…

Switzerland – The Stadtcasino Baden Group signs contract deal as it looks to move in on Casino Locarno

The Stadtcasino Baden Group, majority-owned by the city, wants to take over Casino Locarno and is planning to submit an application before the end of this year to the Federal Council as part of the Project Gottardo.  The Stadtcasino Baden Group has been looking at an expansion strategy for some time, having sold its majority…