Thursday, February 27, 2020

Tag: Spain

Cora Alpha files Elysium City application with regional government

Cora Alpha Elysium City
Extremadura’s government has a 30-day window to check the documentation put forward by Cora Alpha for its proposed Elysium City mega resort project in..

Catalan government confirms purchase of land for Hard Rock Entertainment World

Catalan governmetn land purchase for Hard Rock
In an attempt to expedite the Hard Rock Entertainment World integrated resort project which has been dogged by delays, the government of Catalonia has..

Tenerife casino sale continues to fuel controversy

Tenerife Casino Tender
Tenerife’s publicly-owned casinos were put up for sale for EUR24.9m last year, yet the decision continues to draw criticism from the Spanish General..

Hard Rock Entertainment World could begin construction in May 2020

Hard Rock Entertainment World PortAventura
The first phase of the Hard Rock Entertainment World complex near Vila-seca and Salou in Catalonia, which will include the hotel and casino portions of..

BetConstruct gears up for a showcase in Spain

Feria Internacional del Juego will see the participation of industry giants on April 9 - 10 and BetConstruct is ready to showcase its product range. When it comes to market-leading products and services, BetConstruct has an extensive portfolio to offer. Spanish market is the place where we keep gradually strengthening our presence with robust offerings such as Sportsbook certified in...

Alejandro Casanova assumes responsibility for Merkur Casino International operations in Spain

Merkur Casino International, operations, Spain, Gauselmann Group, Alejandro Casanova,
Alejandro Casanova has been appointed new COO of MERKUR Casino International in Spain. The subsidiary of the family-run Gauselmann Group from Espelkamp in Eastern Westphalia operates around 400 arcades in European countries outside Germany and is continuously expanding its involvement in Spain. “With Alejandro Casanova, we have gained a renowned expert with many years of experience in the industry who...

Cora Alpha plans to create $13.5bn IR in Extremadura

Cora Alpha, Extremadura, spain, development
Headed by former Disney executive John Cora, American developer Cora Alpha has announced plans for an integrated resort in the comarca of La Siberia in Badajoz province. Extremadura looks set to finally see the fruit of new legislation which opened the door for the creation of integrated resorts in the region, as a US-based company confirmed it aims to built...

Tenerife casino tender continues to generate controversy

The Council of Tenerife is proceeding with the sale of the island’s three publicly-owned casinos but while the move has been welcomed by politicians across the political spectrum, it has met with staunch opposition from Podemos and the Spanish General Worker’s Union. Speaking during a plenary section of the Council of Tenerife, the body’s president Carlos Alonso stated that the...

Tenerife launches controversial casino tender

Tenerife’s publicly-owned casinos have been put up for sale for €24.9m, however the move has drawn criticism from local politicians and the Spanish General Worker’s Union. Local authorities in Tenerife have launched a tender for the island's three state-owned…

Galician government green lights new casino

The regional government of Galicia has signed off on a new casino in the autonomous community which is expected to open by next April. To facilitate the development of the new property, the Galician government has amended the local gaming legislation, removing a clause which only permitted a single casino in each of the region’s four provinces. The government stated that...

Extremadura passes new IR law but lacks investors

Extremadura has passed a new law allowing for the creation of integrated resorts, but the autonomous community now lacks investors after a major development project failed to pan out. The local government in Extremadura has passed a new bill which opens the door for the creation of integrated resorts in the autonomous community, but at present, the region lacks any...

CasinoFlex Systems announces first installation in Spain

CasinoFlex Systems International has announced that it has made its first systems installation in Spain. The rising star of the global gaming systems market offers made-to-measure solutions for each and every customer. The firm provides flexible, focused management systems that cover all bases, including accounting, TITO management and jackpot. CasinoFlex Systems has the service to match which has helped put...

Jesús Franco completed the acquisition of 100% of Recreativos Franco

Jesus Franco
Recreativos Franco SAU, co-founded in 1965 by the brothers Joaquín and Jesús Franco, is now 100% owned by Mr. Jesús Franco, after reaching an agreement with the heirs to the deceased Mr. Joaquín Franco on Friday, July 13th 2018, said the companies press office. The firm said: “The acquisition is the result of the corporate strategy to retain the Group’s...

Arica City Center to act as a ‘benchmark’ for Luckia

Luckia’s president, Jose Gonzalez Fuentes, suggested that the company’s new property in Arica, could serve as a model for its future developments in Latin America. Spanish gaming firm Luckia has invested €82m in a casino resort project in Arica, Chile's northernmost city, which the company’s president suggests could serve as a benchmark for future investments. Arica City Center includes a 129-room...

Currency depreciation hits Codere despite European growth

Codere has reported first quarter 2018 revenue of $458.4m, a 5.4 percent fall from $477.6m achieved during the same period last year. The Spanish casino and bingo operator attributed the drop in performance to a decline across Latin American operations. The figures were “driven by an adverse evolution of most local currencies and the US dollar versus the euro,” said a...

IR bill moves forward in Extremadura

The Council of State has ruled that a new bill which could allow for the creation of integrated resort complexes is “in accordance” with the Constitution, paving the way for the legislation to be presented to the regional Parliament. In Extremadura, a new bill which could allow for the creation of integrated resort complexes in the autonomous community has cleared...

EGT Interactive steps into Spain at ExpoJoc, Valencia

Egt Interactive Spain
EGT Interactive has confirmed it will exhibit on Stand 11, Hall 8 together with Euro Games Technology at this year’s ExpoJoc gaming exhibition in Valencia, Spain taking place on the 5th and 6th June at Valencia Fair....

Blackstone Group acquires Cirsa

The Blackstone Group has beaten off competition from rival private equity firms to buy Spanish gambling operator Cirsa, however the deal does not include the company's lucrative Argentinian business. Terrassa-based Cirsa Gaming Corp has been acquired by private equity funds managed by The Blackstone Group. The company operates 147 casinos, 178 salons, 70 bingo halls, over 2,000 sports betting points of...

Hard Rock Entertainment World in irons amid Catalan political deadlock

While the unstable political situation in Catalonia is causing headaches for investors in the region, Hard Rock International remains committed to developing its €2bn integrated resort project. The lack of political certainty in Catalonia has cast doubt on the prospects for Hard Rock International’s €2bn integrated resort project in Tarragona province. The autonomous community’s ex-president Carles Puigdemont and several of his...

Spanish company looks to create $50m casino resort in Necochea

Latin America
Following the announcement that Complejo Casino in Necochea will be closed, hope could be on the horizon as rumours have surfaced that Spanish firm, Alaisa Distribuidora, is looking to invest in a new casino resort project in the city. Alaisa Distribuidora SA - which recently acquired 51 percent of Argentina’s main dairy company SanCor in a $130m deal - has...

Extremadura Socialist Party throw backing behind future resort

The Spanish Socialist Workers’ Party (PSOE) has lent its backing to a new bill which would allow the creation of integrated resorts in the Southwestern autonomous community of Extremadura. The proposal would create a legal framework which would allow for the construction of large tourist resort complexes, which could include casinos, bingo halls and slot parlours. If the bill finds support...

Tax and gaming government officials visit Zitro

zitro gov
Zitro received a visit from the director of taxation and gaming of Castilla La Mancha, Susana Pastor, as well as the head of game services of Castilla La Mancha Javier Gómez, both of the Spanish government.   During the tour of the Zitro Technology Campus in Barcelona, ​​the officials from Castilla la Mancha were accompanied by the top representatives of Zitro:...

CasinoFlex Systems signs major deal with PEJ in Spain

CasinoFlex Systems International has appointed PEJ (Productos Electronicos del Juego) from Barcelona, Spain, as its distribution and service partner in Spain representing a 'major breakthrough' in the Spanish gaming market.   This agreement enables CasinoFlex Systems to serve a further key gaming market and respond to the enquiries from Spanish gaming operators who wish to make use of the systems advantages...

Spain opens 12-month window for iGaming licences

iGaming Times Spain Licences
Spanish gambling regulator the DGOJ has announced the launch of a year-long tendering window for online gaming licenses. This third opportunity for applications since the market was regulated in 2011 will see operators able to apply for single and general licenses simultaneously. “The new opening, together with the improvement of competitiveness and the level of protection through the regulatory framework ...

Councillor hits back against Tenerife government’s casino privatisation plans

Julio Concepción, a councillor for the leftwing Podemos party, has criticised plans by Tenerife’s regional government to privatise the island’s three casinos, arguing that they were still making a profit.   “Despite the efforts of the CC and PSOE government to hamstring Tenerife’s three publicly-owned casinos to justify their privatisation, these business will once again report a profit this year, with...

New online tender on the cards as Spanish iGaming industry blooms

Casino Review - Madrid R Franco Group Spain online
Spain’s online gambling industry continues to go from strength to strength, with revenues up by more than one- third in Q3 2017 and a new licence tender on the way.   Strong growth in Spain’s online gaming market has seen the national regulator move to open the market for further licensees. In mid September, the Dirección General de Ordenación del Juego (DGOJ)...

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...

Betsson integrates BetConstruct Sportsbook for the Spanish market

betsson spain
Betsson, the Swedish online gaming company, is introducing BetConstruct’s Sportsbook in the Spanish market in a new deal.   The agreement includes integrating Sportsbook with full access to pre-match and live betting coverage. This new partnership is yet another expansion for both BetConstruct and Betsson in the European region. “We are happy to be partnering with BetConstruct for our new sportsbook venture in Spain,” said...

Balearic Islands’ new regulations allow satellite casinos

Balearic Islands
The regional government of the Balearic Islands has approved decrees regarding casinos and sports betting which aim to further develop the local industry while also introducing stricter controls.   Most significantly for the casino industry, the new regulations allow each licenced casino to open an additional satellite venue, located outside the main property, permitting the three casinos - Mallorca, Maó and...

International support continues to grow with 47 nations represented at the first Gaming Africa

47 gaming africa
Gaming professionals from Brazil to Botswana, Germany to Ghana and Lithuania to Lesotho will be amongst the delegates expected at the inaugural Gaming Africa, Clarion Gaming’s two day conference and learning symposium being held across 24th and 25th October in Johannesburg. Representatives from a total of 47 nations have registered to be part of the free to attend event, including...