Tag Archives: Casinos Austria International
Casinos Austria doubles down in Liechtenstein
Casinos Austria International is expanding its business in Liechtenstein: Casino 96 in Balzers complements Casino Schaanwald as its second casino in the country. Three years after its successful start in Schaanwald, CAI has opened its second casino in Liechtenstein in September 2020 with Casino 96 in Balzers. Having previously positioned itself both in the north of…
Lichtenstein – Casinos Austria opens ‘coolest casino in Lichtenstein’ with Casino 96 debut
Casinos Austria International is expanding its business in Liechtenstein: Casino 96 in Balzers complements Casino Schaanwald as its second casino in the country. Three years after its successful start in Schaanwald, CAI has opened its second casino in Liechtenstein in September 2020 with Casino 96 in Balzers. Having previously positioned itself both in the north…
Austria – Casinos Austria International records loss of €52.8m due to Covid-19
Casinos Austria International (CAI) reported a loss of €10m following a year-on-year revenue loss of €52.8m with the Covid-19 pandemic affecting operations in in Germany, Hungary, Switzerland, Liechtenstein, Denmark, North Macedonia, Australia and Egypt. Revenue dropped by more than 30 per cent although the operator pointed to a strong recovery since its venues reopened. It…
Land-based embraces blockchain
Casinos Austria International plans to become one of the first casino groups in the world to offer its players the option to play and cash-out at its land-based locations using cryptocurrency. G3 discusses the ramifications for the land- based sector with Casinos Austria International CEO, Christoph Zurucker- Burda, and the head of the newly established…
Argentina – Argentine officials confident of favourable ruling in Casinos Austria case
Local lawmakers have expressed their optimism that an international court will rule in their favour ending a long running dispute and saving the government of Salta millions of dollars. The claim put forward by Casinos Austria before the International Centre for Settlement of Investment Disputes at the World Bank (ICSID), is due to be settled…
Japan – Casinos Austria International joins Japanese race
Casinos Austria International (CAI) has put itself forward as a participant in the race for one of the three initial Japanese casino licences becoming the 17th international casino group to join the race and the second European operator. It said it wanted to include a ‘medical mall’ in its plans for an Integrated Resort. The…
Austria – Casinos Austria decides not to sell improving international casino division
Casinos Austria has taken the decision not to sell its international division, Casinos Austria International, citing an improved performance as the main reason why. It has hinted though that some loss-making operations where fortunes cannot be revived will be ‘rejected’ presumably meaning they will either be sold or closed. Speaking to Austrian magazine Trend, CEO…
Andorra – Casinos Austria partners with Universo Bomosa for Andorra casino bid
Casinos Austria International is teaming up with local Andorran company Universo Bomosa to put forward three proposals for the casino licence in Andorra. In terms of investment the largest is the proposed casino located in El Clot d’Emprivat where the company would make use of an architectural project, which is already under development. Investment would…
Liechtenstein – Crane Payment the validator of choice for Casino Schaanwald
Crane Payment Innovations (CPI), a Crane Co. Company, has been selected as the preferred banknote validator supplier for Casino Schaanwald, Casinos Austria International’s first venture into Liechtenstein. The casino, which held its grand opening on October 25 2017, utilises SC Advance banknote validators across its slot floor. The CAI management at Casino Schaanwald places utmost…
