🍒 Germany: Decision to be made this month on Westspiel privatisation

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Legislation allowing for the privatisation passed the state parliament last week, with votes from the Christian Democratic Union and Free Democratic Party factions enough to overcome opposition from a number of other parties. Subscribe To Our Newsletters.{/INSERTKEYS}{/PARAGRAPH} It also operates two casinos in the Free Hanseatic City of Bremen. Eligible applicants will be required to set out plans for the operation of the venues, as well as player protection strategies. The government first announced plans to privatise casino operator Westdeutsche Spielbanken WestSpiel in May , selling the shares held by state-owned banking group NRW. The concession process is open to bidders based in a European Union country or the European Economic Area. Google Tag Manager. While no company has publicly announced they will participate in the tender process, local media reports that German gaming giant Gauselmann Group, which is headquartered in Nordrhein-Westfalen, is likely to be a participant. As state regulations at the time restricted operation of casinos to publicly owned entities, the Nordrhein-Westfalen Casino Law had to be changed to allow for private ownership. Skip to main content. The operator currently runs four casinos in the state, in Aachen, Bad Oeynhausen and Dortmund, with the final venue, Casino Duisburg, operating via a subsidiary. They claimed that the taxes that would be gained through a state-owned operator would be lost to the private sector if the government passed the amendments. {PARAGRAPH}{INSERTKEYS}The German state of Nordrhein-Westfalen North Rhine-Westphalia has passed a bill to facilitate the privatisation of its land-based casinos, clearing the way for a tender process to select an operator for up to six venues in the state. The state Ministry of the Interior will oversee the selection of the winning bidder, which will be granted an effective year monopoly over casino gaming in Nordrhein-Westfalen.