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  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta
  • Bargain Entry into Casino Operations malta,Casinos For Sale in Africa casino brokerage,Casinos For Sale in Africa hotel brokerage,property malta, aacasino solutions malta

Bargain Entry into Casino Operations

Ref No: 183

Asking Price:  $750,000


This is an excellent opportunity for any investor wishing to enter into the casino operations.

Although the price is low the casino has been meticulously set up and managed to earn healthy profits.

The casino is situated in the best hotel in the city and enjoys a great working relationship together.

The player demographics are majority local Indian, local Chinese, hotel guests and prominent local business people.

The current total area is 350 sqm, plus large possibilities of expansion on the shopping mall level.

Slots are new from Novamatic nd on a rev-share with the supplier.

Facilities: 

 

 

Current expenses 

 

  • Management and staff salaries (approx $15,000 equivalent),
  • Hotel rent (approx $4,500 per month on a 10 years renewable contract with a discount on rooms, food and facilities).
  • Tax rate, (gaming levies 12.5% on GGR, excise 10%, corporate tax 30%) 
  • Revenue shares on slots,
  • Staff accommodation (rent allowance for the two ex-pats)
  • Transportation (fuel allowance for the ex-pats),
  • Marketing (street poles/ billboards advertising, newspaper/tv ad, social media, play vouchers in the hotel rooms, double-up vouchers, daily cash draws, cashback for the registered members, different tournaments, events on public holidays etc), recurring advertising promotions.

 

Statistics

 

  • Average daily slot win for the last three months is MK 30,246 per machine per day ($35.6).
  • Average table game drop MK 140,000,000 ($170,000); average hold is 30%.
  • Average daily attendance of players is currently 40, but usually enjoys 200 (pre-Covid).


The Surveillance equipment consists of approx 50 cameras, DVRs, monitors.

The Casino Management system is running on ACE which is widely used across Africa and includes the server and Media Pro mystery jackpot.


 

Download the existing floor plan** (PDF below)however, the current owners are about to start building customer toilets and slightly shuffle the offices around.  Also, the commercial area is increasing by extending into a shop next door.

**The GM and Admin offices are now upstairs after having built a mezzanine level on top of the staff room.

 

Other casino properties in Africa

Casinos For Sale

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Growth Potential: 

New location in high end hotel property

Training/Support: 

Full management and team available

Seller Financing: 

Sale Reason: 

Retirements

Cash Flow: 

Available for serious investors
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Property Request Form

Property: 

Bargain Entry into Casino Operations


Asking Price: 

$750,000


Ref No: 

183


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