The Deal The state government of Saxony-Anhalt in its cabinet meeting on 21 May 2013 has awarded the permission for the license to operate casinos in the state of Saxony-Anhalt to the Merkur Spielbanken Sachsen-Anhalt GmbH & Co. KG. IEG acted as advsior of Gauselmann Gruppe in relation to the tender offer for the casino licenses in the German state of Saxony-Anhalt. The tasks entailed: Support in expression of interest, support in preparation of the extensive offer, including business plan/profitability analyses, compilation of benchmarks, scenario analyses, support in preparing offer documents, process management, complete redesign of the casinos required („green field“).

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The Client The Gauselmann Group has been active in the casino sector since 2013. The Gauselmann Group is a family-run, internationally active group of companies in the gaming industry, founded in 1957 by Paul Gauselmann. The company develops, produces and sells slot machines with and without a chance to win as well as money management systems, operates a chain of amusement arcades and is also active in the areas of sports betting, online gaming, financial services and casinos.

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The Perspective As the licence was granted in 2013, the company is permitted to operate two casinos and four slot machine arcades in Saxony-Anhalt. The Gauselmann Group can therevy strengthen their market position in Germany.

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