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Commitment to the Swiss market |
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The Casinos Austria Group’s involvement in Switzerland already began long before the passing of the Swiss Gaming Act. In 1980‘s, Casinos Austria supported various local associations in their political endeavours to have gaming legalised. Many years passed until, in 1993, the first cantonal boule and machine gaming operation was opened in Lugano in collaboration with Swiss partners. This was followed by the opening of the cantonal machine
gaming casino in St. Moritz (1994) and Lucerne (1995). All projects by
the Casinos Austria Group in Switzerland were realised in partnership
with Swiss companies. |
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With a view to an even stronger position in the future Swiss
casino market, Casinos Austria International GesmbH, Vienna acquired a
shareholding in the casinos owned by its partner of many years‘
standing, Swiss Casinos Holding AG at the start of 2000. The acquisition
involved 30% of the shares held by Swiss Casinos in the companies concerned.
The A-concessions reflect the range of games and permissible
limits of the international standard, while the B-concessions are subject
to certain limitations (max. 150 gaming machines, max. three different
table games, restrictions in the maximum stake). As shareholder and know-how-partner,
Casinos Austria Swiss AG was delighted to be awarded 3 of the total of
7 A-concessions (Lucerne, Bern and St. Gallen) plus 3 B-concessions (Pfäffikon/SZ,
Schaffhausen and St. Moritz). This means that Casinos Austria Swiss owns
the largest portfolio of shareholdings of all casino operators in the
Swiss casino market. |
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