Gauselmann Group invests in Berlin casinos

A year after opening its first casino in Germany in Saxony-Anhalt, the Gauselmann Group has acquired a 40 percent share of Gustav-Jaenecke, the owner of Spielbank Berlin.

Spielbank Berlin has five gaming locations spread around Germany’s capital city. The most famous location is the Spielbank Berlin at Potsdamer Platz. Furthermore, Spielbank Berlin operates the casino situated in Berlin’s TV Tower at Alexanderplatz.

Both major shareholders - Gauselmann and Novomatic - state their wish to jointly ensure the long-standing success of Spielbank Berlin, which today is the casino with the highest revenue in Germany. The investment by the Gauselmann Group will enable Spielbank Berlin to further strengthen its position to develop to become a premium casino within Europe.

“We are pleased that we have gained another strong partner in the Gauselmann Group, which just like Novomatic plays a decisive role in the international casino industry,” said Günter Münstermann, managing director of Spielbank Berlin.

Spielbank Berlin celebrated its 40th anniversary in October 2015. Gustav-Jaenecke is looking to resecure its casino concession in Berlin. “We are confident that we can convince the state of Berlin that we will in future remain the best partner for casino entertainment in Berlin,” said Münstermann.