In Germany

Gauselmann Group acquires acquires stake in casinos in Mainz, Trier and Bad Ems

The license to operate casinos runs until 31 March 2027 and can be extended once for a maximum of five years.
2019-03-12
Reading time 55 seg
Gauselmann Group has announced an investment in three Germany-based casinos, as the company stresses that a "decision to enter the casino segment proved to be the right one."

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 GmbH & Co. KG and in its general partner Spielbank Mainz Beteiligungs GmbH. Further shareholders are Spielbank Bad Neuenahr GmbH & Co. KG and Novomatic Spielbanken Holding Deutschland GmbH & Co. KG.

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.

Paul Gauselmann, founder and Chairman of the Management Board of the Gauselmann Group said: “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."

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