NKF advises Stadtcasino Baden on the acquisition of Casinò Locarno

Stadtcasino Baden has acquisted a majority stake in Casinò Locarno. With this acquisition, the group extends its footprint to the Italian speaking part of Switzerland.

Stadtcasino Baden and its subsidiaries are one of the largest casino operators in Switzerland and active in both the online and traditional gaming space. Via its subsidiary Grand Casino Baden, the company has been operating the casino in Baden, Aargau, and the online casino jackpots.ch since 2002. Its subsidiary Gamanza Group programs software for the gaming industry, including GaminGenius, the leading software for online casinos in Switzerland.

In 2021, Niederer Kraft Frey has already advised Stadtcasino Baden on the sale of its stake in Casino Davos, the operating company of the Casino Davos. The team was led by corporate/m&a partners Philip Spoerlé (pictured right) and Andrea Giger (pictured left), working with associate Benedikt Hadorn and senior associate Katalin Siklosi (both m&a/corporate) as well as partners Daniela Schmucki and Christina Rinne (both tax), Adrian Koller (finance) and Nicolas Birkhäuser (antitrust/competition), associate Daniela Lötscher (employment), and junior associates Carlotta Ulmer and Alexander Züger (both m&a/corporate).