Multiple casino group with 17 land based casinos and 200 slot arcades are for sale due to owner illness, the sale price is 97m Euros, with over 7500 slot machines operating for the past 20 years in their own 17 casinos and 200 slot arcades, plus on rental to other slot arcades owners, the price includes 11 sports betting shops, lottery terminals and On Line Presence, internet gaming licence approved for 2016, 105 company Cars, Vans, Trucks, etc,
GGR 750 million euros, EBITDA 17%, with a minimum 30%-40/% growth projections for 2016 from new on line internet licenced gaming department.
Principal or legal representative only need apply.
Price includes total assets worth 25M EUROS +
New owner can take over a 21m euro overdraft, reducing the cash investment, to 56m euros
2 Modern office buildings,1 large factory, workshop and stocks, all slots digital results every morning, all department heads have been with the company for a mimimum of 12 years, will stay on all properties are FREEHOLD properties

Posted May 16, 2015

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