The new casino in Cagnes Sur Mer
In terms of real estate and French riviera, a new project is going to birth in Cagnes Sur Mer. This is an investment of 30 million euros from Georges Tranchant, the owner of the group.
The owner does not fear the economic situation!
The competitors of this casino group have their casinos on the sea front. This new casino will be implemented in the north of the city. Is this a risk? Georges Tranchant believes that being on the sea front is not the good way as there is a national road just near, people cannot stop or park. “We have a better location, we can reach the casino by motorway with a car parking”…even if tourists are on the sea front…
The new casino got the authorization to have 180 slot machines instead of 300.
The objective is to get from this new casino 15 to 25 million euros. If the project would have been located on the sea front, the objective estimated is 10 million euros.
For the moment, the casino will be established on his own, this is a disadvantage. It would be followed by the implementation of a mall complex in the future.
The bonus is that the city will have thanks to the casino its reception hall. This is a good new; the city will attract companies who organize seminars, events… in the city. This is a good opportunity for the real estate sector and the French riviera.
According, M. Tranchant, if 1000 enter the reception hall…at least, 20 of them will enter the casino!
Source : NICE MATIN
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