At the end of a long process, Sample Italia becomes a unique partner of the game house.
Like Venice, Sanremo and Saint Vincent. In the near future, the Italian Champion Casino will become the exclusive property of the common homeland, as is already the case for the other three Italian gambling halls .
The provinces of Como, Lecco and Varese, along with the Chambers of Commerce of the first two capitals, are to be defined.
The announcement was made by Marita Piccaluga, Mayor of Campione d’Italia, who stated that all the documentation had already been sent to the Ministry of the Interior, whose response is expected by July.
The new company will have a share capital of 120,000 euros, many of them considered too low. Piccaluga explained this decision as forced by the technical times, admitting that this is an insufficient figure, but adding that, if necessary, it can be quietly increased.
This process will help even more in the champion casinos, allowing the game room to save a good slice of those 49 million euros annually, which currently has to contract to the Champion City.
According to Piccaluga, in fact, the figure could drop by about one third, amounting to 33.3 million euros. Moreover, this change will help streamline the bureaucratic operations that often end up costing, in addition to time, additional money.
When the municipality becomes the sole member of the casino, the administration system will also be changed.
The Council will disappear, with the powers that will end in the hands of the current managing director, Carlo Pagan, who will become the sole administrator. Pagan is one of the main architects of the Italian casinos’ recovery in Swiss territory, which is currently recording excellent results.
Such as the attendance record for a live poker tournament in Europe, with 2,492 players who participated in the Italian Poker Open a few weeks ago, or the European Championships of the Croupier, which took place a few days ago and won by an Italian dealer . After years of darkness, the Italian Champion Casino finally begins to see the light.
Although all four Italian casinos are still suffering from the economic crisis, which began in 2008, some have been able to respond better and before others. One of these is certainly the Casino of Campione d’Italia, which despite a thousand difficulties has managed to gain market share especially for Venice – which remains the leading casino in Italy – but also of Saint Vincent and Sanremo.
A trend that could be further strengthened once the passage in the hands of the Commune has been completed, which will have the ability to move with greater margin, as the sole administrator Carlo Pagan.