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Gauselmann Group considering further German expansion

In Germany, the federal government for the north state of North Rhine-Westphalia has actually supposedly made a decision to unload its loss-making Westdeutsche Spielbanken GmbH worry about neighborhood gaming machine large Gauselmann Group evidently amongst those claimed to be thinking about purchasing the casino operating business.

 

Inning accordance with a Thursday record from G3Newsire, Westdeutsche Spielbanken GmbH is accountable for gambling establishments in the cities of Dortmund, Bad Oeynhausen, Duisburg and also Aachen and also is quickly intending to debut a 5th such center in Cologne. The state-owned driver allegedly reported a loss of around EUR2.9 million (US$ 3.4 million) for the whole of 2016 after liquid chalking up a shortage of regarding EUR8.5 million (US$ 10.1 million) the previous year.

G3Newswire reported that Westdeutsche Spielbanken GmbH saw its aggregated gross video gaming earnings for 2016 boost somewhat to strike around EUR80.4 million (US$ 95.8 million) however that it is battling to locate an appropriate area for its imagined Cologne location after experiencing unforeseen subsoil issues at its recommended website.

 

For its component, Espelkamp-headquartered Gauselmann Group supposedly currently playings around 330 slot shops throughout Germany using its Merkur Spielbanken Sachsen Anhalt GmbH subsidiary and also won a tender in 2013 to bring a set of such locations to the main state of Saxony-Anhalt. Its Head of Central Communications,BK8 casino Mario Hoffmeister, allegedly stated that the company has a ‘basic interest in the requisition’ of Westdeutsche Spielbanken GmbH as well as is prepared to pay attention prior to making a decision whether such an acquisition would certainly stand for a ‘rewarding financial investment’.

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