Thursday, October 22, 2020

Tag: andorra

Andorra’s regulator rejects casino licence award to Jocs SA

Andorra regulator rejects casino licence
The Andorran Gaming Control Board (CRAJ) has once again rejected granting a licence for a casino in the microstate’s capital to local company Jocs SA.

Operators launch legal challenges against Andorran tender outcome

Operators, legal challenges, Andorra, tender outcome
Five major operators which were unsuccessful in their bids for Andorra’s sole casino licence have launched a legal challenge against the decision. At the beginning of January, Casinos Austria, Genting, Partouche, and Cirsa separately filed lawsuits calling for the Andorran Gaming Control Board’s (CRAJ) decision to award the microstate’s sole casino licence to local firm Jocs SA in June 2018,...

Andorran authorities reject operators tender appeal

Andorra, authorities, operators, Jocs SA, Casinos Austria
The authorities in Andorra have rejected an appeal by five major operators against the decision to award the microstate’s sole casino licence to local firm Jocs SA at the end of June. With 100 percent of the capital for the project coming from Andorra, the company plans to build a casino in the capital, Andorra la Vella. Following a review, the...

Andorran Government extends deadline to respond to tender appeals

EUROPE, ANDORRA
The government of Andorra has extended the deadline for its response to appeals put forward by five of the operators who were unsuccessful in the tender for the microstate’s sole casino licence. The Andorran Gaming Control Board (CRAJ) now has until 27 November to prepare its response which it is hoped will shed further light on its decision to award...

Five operators appeal Andorran licence tender

ICR 191 EUROPE ANDORRA
The operators have launched individual appeals to challenge the Andorran Gaming Control Board's decision to award Andorran firm Jocs SA the licence for the microstate’s first casino. Five of the operators which participated the tender for Andorra's first casino licence have launched an appeal against the outcome. Andorra-based Jocs SA won the tender to build and operate the principality's first casino,...

Winner of Andorra casino announced

ICR 190 BUSINESS ANDORRA
Andorran firm Jocs SA has secured the licence for the microstate’s first casino, with the new venue scheduled to open its doors by the end of 2020. Andorra-based Jocs SA has emerged as the winner of the tender to build and operate the principality's first casino, which will be situated in the capital, Andorra la Vella. Launched in 1994, Jocs SA,...

Winner of Andorra casino announced

ICR 190 BUSINESS ANDORRA
Andorran firm Jocs SA has secured the licence for the microstate’s first casino, with the new venue scheduled to open its doors by the end of 2020. Andorra-based Jocs SA has emerged as the winner of the tender to build and operate the principality's first casino, which will be situated in the capital, Andorra la Vella. Launched in 1994, Jocs SA,...

Jocs SA receives approval for Andorra casino

ICR WEBSITE ANDORRA
Jocs SA has beaten Genting to Andorra’s first land-based casino, despite the local firm’s bid coming almost $150m under that of its multinational rival. Jocs SA will build and operate Andorra’s new casino following a bidding process which saw the disqualification of international operator Genting’s rival $164.6m bid. The successful $17.5m, four-storey, 4000 sq mt proposal from the local gambling information...

The allure of Andorra keeps casino bids coming

andorra cirsa
The field racing for a casino licence in Andorra keeps increasing. Two more companies, Casinos Austria and Universal Bomosa, are the latest to put forward proposals to operate a casino in the small state, joining a number of major international operators in the tender process.   Casinos Austria International has partnered with Andorran company Universo Bomosa to put forward three proposals...

Cirsa lodges two proposals in Andorra casino bid

andorra cirsa
The Cirsa Group has announced it has put forward two bids for the casino licence now available in the Principality of Andorra.   The deadline to submit offers to manage the single Andorran casino ended on the 31 October and the bidding process is being organised by the Andorran Gaming Control Board (CRAJ). Cirsa stated: “For 15 years, and especially since the...

New details on Andorra’s licence tender released

andorra cirsa
Further details have been released regarding the tender process for the new licence for a single casino in Andorra.   According to The Andorran Gaming Control Board (CRAJ), operators must first establish the availability of land or premises for the casino and show that it must have at least 2,000 sqm for the public, excluding terraces and outdoor spaces. Once this has...

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