French casino operator, the Tranchant Group, has announced plans to relocate its Pau casino licence from Palais Beaumont, currently situated in the central southwestern region of the city, to an industrial area in the north.
[dropcap]T[/dropcap]he Pyrenees-Atlantiques (Pau) municipal council is reported to have approved the move, now due to be completed by the end of 2019. The group has also been awarded a 20-year extension on its operator licence.
The reason for the change is believed to be all about space. The 1,852 square meter area in the Palais Beaumont from which the casino had been operating out of, had become too small for the SAS Pau Loisirs, and had prevented the firm from making the necessary upgrades and developments. The venue is also reported to struggle with limited parking spaces accessibility.
Conversely, the new casino will be situated in a more commercial part of town called Parkway 2, closer to important roads such as the A64 motorway, La Pyrénéenne. The venue will also be equipped with two large car parking areas on either side of the casino.
The new construction will cater for a 5,000 square foot casino at a cost of €11m. As part of the deal, the city of Pau has agreed to cut the municipal levy from 15 to 10 percent.
Construction is due to begin in April 2018 and continue until October 2019. The Tranchant Group hopes to open its doors in November that year.