The Gauselmann Group is expanding its involvement in the casino segment.
Through Gauselmann Spielbanken Beteiligungs, it is investing in Spielbank Mainz & Co. KG and in its general partner Spielbank Mainz Beteiligungs. Further shareholders are Spielbank Bad Neuenahr & Co. KG and Novomatic Spielbanken Holding Deutschland & Co. KG.
The Mainz, Trier and Bad Ems casinos employ around 150 staff. The licence to operate casinos runs until March 31, 2027, and can be extended once by a maximum of five years.
In addition, there are a further three casino locations in Rhineland Palatinate that do not form part of the investment.
Paul Gauselmann, founder and chairman of the management board of the Gauselmann Group, said: “The Gauselmann Group’s decision to enter the casino segment proved to be the right one. 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.”