Spain will be a second place in casinos behind Las Vegas

24.03.2009, The global expert in cash handling technology Talaris, has made public its international strategy of entering the leisure and gaming sector, with its solutions and products for the treatment of cash. Thus, it plans to enter to the gaming market as Casinos, Bingo and Slots.

The company has revealed that gaming industry, with estimated growth of 50% globally, need efficient solutions without major costs for the treatment of cash. Where to move cash, Talaris provides a solution. With its specialized technology and expertise, it can supply, recycling, and counting the authentication of banknotes and coins, with solutions ideal for environments with large numbers of transactions, as in the gaming industry.

Spanish market According to data from DBK, in Spain operating a total of 40 casinos, 440 bingo halls and around 250.000 slot machines, of which about 15% are located in around 2,200 game rooms. Slot machines generate revenues of around 12,627 million euros, representing a market share of 40% of gambling and betting. The consultant also suggests that the trend in this sector is concentrated in large groups, mainly in the segment of casinos. Finally, the combined share of the first five operators in the gaming sector in 2007 represented 28% of the total turnover of the sector.

This strong growth of the game in Spain is also reflected in the data of the Ministry of Interior. In 2007, the Spaniards played 30,989 million, of which 60.08% were in a casino, bingo and slot machines.

The company is sure that with the recent announcements Gran Scala Project with its 32 casinos, 70 hotels, 232 restaurants , 500 shops, a racecourse, a golf course and several parks and museums, and the interest of American billionaire Sheldon Adelson, owner of Venezia Hotel Casino in Las Vegas, to open a casino iin Madrid, the gambling industry in Spain will undoubtedly require solutions handling cash.

Spain will become the second global supply of casinos, just behind Las Vegas in the United States, which together with the forecast influx of more than 25 million tourists to Spain in 2015 as a tourist destination, will make forecasts can be very interesting business. In a first phase of Gran Scala project, between the third quarter of 2008 and the second in 2010, will launch three parks and a first group of casinos, and the second build another park and several casinos, the culminating project in 2023. spanishgamingnews.com

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