Casino News

Adjudication

The regional government of the Valencia Community, in particular the Regional Treasury, has decided to adjudicate the casino of the city of Castellón (province of Castellón de La Plana) to the Orenes-Franco group. According to a government spokesman, the decision in favour of Orenes-Franco Group project was based among other reasons on the personal and financial guarantees, the quality of the premises, technology to be applied and to their management development plan. The new „Gran Casino Puerto Azahar de Castellón“ will represent an investment of 19.3 mill. EUR and will generate 255 direct jobs, in addition to indirect and resulting jobs, a total of 545 new employees. It covers 4,351 sq.m. of surface in two floors and includes the possibility of extending the facilities for a shopping mall. The Gran Casino de Castellón will provide 20 gaming tables and 75 C-type machines, in addition to restaurants, convention centre and further amenities; opening is planned for January 2007. We should remark that the group formed by the Orenes brothers and the Franco brothers, or Orenes-Franco Group, have achieved profitable results throughout 2005 with the opening of 3 new casinos; they are the following: Electra Rioja Gran Casino in the city of Logroño (La Rioja), Gran Hotel Casino Extremadura in the city of Badajoz (Extremadura), and Gran Casino Costa Meloneras in the island of Gran Canarias (Canary Islands).

Opening

At the end of April, the new casino of Sevilla or „Gran Casino Aljarafe de Tomares“ opened to the public; it is located in the district with the same name, in the Autonomous Community of Andalucía; several days later, another two openings took place: a private opening and another opening attended by authorities and businessmen. This new gaming establishment provides a wide range of amenities like restaurants, bars…; it will work the year round, except on December 24th.; opening hours are from 19.00h to 5.00h.; entrance fee is of EUR 3.-, and managers and main shareholders trust in attracting a great number of tourists to Sevilla.

Results

The casino division of CIRSA obtained the best results of this Spanish corporation with headquarters in Terrassa (province of Barcelona). In the last three years, Cirsa Casinos Div. has had a percentage growth of 43%; it operates 14 traditional casinos and 38 electronic casinos in nine different countries. In addition, it continues with its expansion plans in Latin America and is currently awaiting decisions or the results of negotiating several casino projects – Chile, Argentina, Bahamas, Aruba…; in Spain it plans to tender – when the tender is called for – for the adjudication of the casino in Lloret de Mar (province of Gerona, Cataluña). Cirsa Casinos registers a yearly average of 13 million visitors and has a turnover of 288 mill. EUR.

Tournament

The 15th. Poker tournament has just been held in the Casino Meditarráneo, located in Villajoyosa, province of Alicante (Valencia Community) and property of Acrismatic Group, The tournament was highly successful and prizes handed out amounted to 27,000 EUR.