German Merkur Group to Bid for Austria's Casino Licenses
Translated from German, summarized and contextualized by DistantNews.
At a glance
- The German gambling group Merkur (formerly Gauselmann) intends to bid for Austria's casino licenses.
- Merkur previously applied for Austrian licenses ten years ago, incurring a 50 million euro loss.
- The company expects a Europe-wide tender process with clear rules, likely in the fall, and plans to bid independently without partners.
German gambling group Merkur, previously known as Gauselmann, has announced its intention to bid for Austria's upcoming casino licenses. Merkur managers David Schnabel and Max Rรถsle confirmed the plan in an interview with the magazine trend, stating their readiness to "throw their hat in the ring."
Despite the application process being unclear, the Austrian market remains of significant interest to Merkur. Schnabel expressed optimism for a transparent, Europe-wide tender with well-defined rules. Merkur is interested in all available casino licenses and intends to pursue them independently, without any partners.
This move follows a previous attempt by Gauselmann ten years ago, which resulted in a write-off of 50 million euros. Merkur considers that past experience closed, focusing instead on a forward-looking approach. The company anticipates the official tender announcement in the fall.
Originally published by Die Presse in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.