The Forges-les-Eaux licence of Groupe Partouche was extended for another year.
After local officials were unable to conduct a fresh tender due to the continuing coronavirus epidemic, French casino operator Groupe Partouche allegedly had the licence for its Grand Casino location in the tiny spa town of Forges-les-Eaux automatically extended by another year.
According to a story from G3Newswire published on Monday, the Paris-based company's Forges Hotel SA subsidiary was set to have the licence for the now-closed site in Normandy expire last October. The source explained that the community of about 4,000 people is eager to agree on a deal and see the entire business relocated to a much larger site, but the process to find a replacement operator has been repeatedly postponed due to the persistent presence of coronavirus.
Expensive licence requirement:
There are eleven gaming tables and roughly three hundred slot machines at the 119-year-old Grand Casino, which generated gross gaming income of about €33.5 million ($40.7 million) in 2019 and will allegedly leave the local community about €3 million ($3.6 million). Forges-les-Eaux, France, despite this windfall, reportedly hopes to pull in €670 million ($814.5 million) for a new 20-year licence that would require any operator to hand up €50,000 ($60,800) for 'tourism development' and pay a 15% tax on revenues exceeding €5 million ($6 million).
Prosperity afterward:
Groupe Partouche, operator of the Casino Palavas venue in the southern French coastal resort town of Palavas-les-Flots, allegedly received a 20-year renewal of its licence for the establishment. This modest establishment has an estimated €13.7 million ($16.6 million) in gross gaming revenues for 2019, and its present operator has been extended to the end of 2041. It features five gaming tables and one hundred slot machines.
Recommended Casino
PlayGrand Casino
- Live casino open
- SSL encryption
Welcome Bonus
30 Free Spins
New players only. 30 No Deposit Spins on Book of Dead. Min deposit £10. 100% up to £100 + 30 Bonus Spins on Reactoonz. Bonus funds + spin winnings are separate to cash funds and subject to 35x wagering requirement. Only bonus funds count towards wagering contribution. £5 bonus max bet. Winnings from No-Deposit Spins capped at £100. Bonus funds must be used within 30 days, spins within 10 days.
Fruity King Casino
- Good selection of game providers
- Live dealer games are available
Welcome Bonus
15% Cashback
New players only. Opt-in Required. Minimum total deposit of £25. Valid only on weekends. Available on selected games only. Maximum cashback of £500 on deposit losses. Excluded Skrill Deposits.
HeySpin Casino
- Wide variety of live dealer games
- Various responsible gambling options available
Welcome Bonus
Bet £15, Get £15 in Free Bets
New Players only. Max. Free Bet Token amount: £15. Minimum Deposit: £15. Minimum wagering on Sport to activate the Free Bet Token: £15.