The German-based Merkur Group, which owns casinos and develops gambling machines and more, has acquired eleven arcades as it expands throughout Spain.
The company, which operates worldwide, already has a number of venues in the country, but this acquisition will see it strengthen its presence in the market.
The subsidiary of Merkur Group, headquartered in Palma de Mallorca, will also take over the operation of gaming machines in 108 bars that were previously serviced by Operkale S.L.U. The latest move has been implemented in cooperation with the Spanish distributor Merkur Dosniha, with the company stating this “marks a significant milestone in the expansion of the company’s brand presence…”
It goes on to say this represents “its first entry into Spain’s highly profitable hospitality installation segment.” This is all part of the company’s international growth journey, with this boosting its land-based presence.
Speaking on the development, Meik Sellenriek, the management board member, said: “Spain is a market of great importance and long-term potential for the Merkur Group. This acquisition clearly underlines that. We are proud to welcome around 50 new employees to the company and look forward with confidence to strengthening our market position.”
Who is the Merkur Group?
Although the company originally started as a one-man business back in 1957, it has since grown as it now has almost 15,000 employees worldwide. It now has numerous business segments which points to what the company now focuses on, with casinos, sports betting and iGaming being just three of these businesses.
The casino division, for example, is responsible for the operation of casinos on-land and on cruise ships. Similarly, Merkur Sportsbetting focuses on the operation and marketing of land-based and online-based sports betting products in licensed markets.
The iGaming division is dedicated to virtual machine gaming and the operation of online casinos in licensed markets.
Featured Image: Via Merkur Group Karriere on Facebook
The post Merkur Group acquires 11 arcades in Spain and takes over gaming machines in 108 bars appeared first on ReadWrite.