The Gauselmann Group has announced an investment in three Germany-based casinos as part of an expansion into the casino business.
The casinos are located in Mainz, Trier and Bad Ems and employ around 150 staff.
According to a press release, the 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 group has also acquired stakes in a further three casino locations in Rhineland Palatinate that do not form part of the investment.
“The Gauselmann Group’s decision to enter the casino segment proved to be the right one,” said Paul Gauselmann, founder and Chairman of the Management Board of the Gauselmann Group . “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.”
