Tag Archives: Casino Locarno

The Stadtcasino Baden Group has now bought the remaining 19 per cent of the shares in Casinò Locarno SA from ACE Swiss Holding AG. With this acquisition, the group will become independent in Locarno and will open up new strategic opportunities.   With the sale of the remaining 19 per cent stake in Casinò Locarno SA,…

Stadtcasino Baden AG has bought an 81 per cent stake in Casinò Locarno SA from ACE SWISS Holding AG. The transaction still needs to be approved by the Federal Gaming Commission (ESBK). With the sale of the majority stake in Casinò Locarno SA, ACE Swiss Holding AG is following its strategy of focusing on the…

The Stadtcasino Baden Group, majority-owned by the city, wants to take over Casino Locarno and is planning to submit an application before the end of this year to the Federal Council as part of the Project Gottardo.  The Stadtcasino Baden Group has been looking at an expansion strategy for some time, having sold its majority…