Antitrust authorities approved deal worth millions: Gauselmann buys Westspiel

We have already reported to you that the Gauselmann Group has been busy taking over the Westspiel-Spielbanken from North Rhine-Westphalia for several months. The cartel authority from North Rhine-Westphalia has now given the go-ahead and approved the award procedure that ended in July. The state government of North Rhine-Westphalia states that it will generate a little more than 140 million in proceeds from the sale. To be precise, the contract was signed by both parties on September 1st of this year and Westspiel now belongs to the Gauselmann empire.

Gauselmann is on an expansion course in 2021

Paul Gauselmann states in a press statement that the group is pleased to welcome the new employees to the company and that they will now make the casinos in North Rhine-Westphalia even more successful together. The managing director of Merkur Spielbanken also stated that the focus in the last few weeks was particularly on integrating Westspiel teams into the previous company structure. Welcome events will now take place and training will take place. The takeover gives the Gauselmann Group control of the four Westspiel casinos located in North Rhine-Westphalia.

In addition, the offer can be expanded due to the licensing. Two more casinos could be opened in the state. The two Westspiel locations from Bremen and Bremerhaven were not taken over by the Gauselmann Group. The state-owned Bremen Toto und Lotto GmbH has shown interest here and will probably take over these venues. The takeovers in particular show that, despite the introduction of the German State Treaty on Gaming and the regulation of online business, offline offers are still of great importance.

It is therefore understandable that the group of companies, which recently started delivering Merkur games in online casinos , is also expanding its offline activities. For the state government of North Rhine-Westphalia, the takeover will generate substantial tax revenue. And when you consider that, due to the past lockdowns, they will not bubble anyway, certainly a welcome additional income. The background to the sale was that in December 2019 the EU Commission opened a formal state aid investigation into financial aid for Westspiel. An investigation had found that the casinos are in direct competition with the gambling halls.

source: https://casinova.org/