Midweight operator Société Française de Casinos (SFC) has expanded its presence in France following the purchase of two casinos.
[dropcap]A[/dropcap]ccording to local news outlets, the group has bought a casino in Capvern, a spa town in the High Pyrenees, following the death of the former owner. Over the next two years, SFC said it would invest more than E1.5m in modernising the facility and increasing the number of slots from 50 to 75.
Separately, through a subsidiary jointly owned with SFBC Ardent, SFC has completed the acquisition of Carnac casino on the southern coast of Brittany from Groupe Lucien Barrière.
In the first year we will invest E1m and E450,000 in the second year.
The acquisitions increase the number of venues operated by Paris-based SFC to nine. This figure is set to reach double figures next year, as the company plans the opening of Bagnères de Luchon casino.
“We plan to open a business with 50 slot machines, electronic roulette [and] black jack,” SFC chairman Pascal Pessiot said of the new casino. “In the first year we will invest E1m and E450,000 in the second year.”