Buy & sell a casino and casino property

The word covers two different things. A full casino (Spielbank) with roulette, blackjack and poker is tightly limited by the casino acts of the federal states. The states award these licences themselves, often to state-owned companies, and only for a small number of locations. Buying such a licence privately is not possible.

More often the term refers to gaming venues with slot machines, i.e. amusement arcades under Section 33i of the Trade Regulation Act that trade as a casino. These are governed by the Interstate Gambling Treaty, minimum-distance rules and the ban on multiple concessions. Which of the two a buyer has in mind shapes the entire due-diligence path.

Planning law comes first. Casinos and arcades count as entertainment venues and are only permitted by exception, or not at all, in many zones. The development plan, any local entertainment-venue bylaw and the existing building permit show whether the use is secured. A preliminary planning enquiry before signing provides certainty.

Next comes the permit. It is personal and does not transfer on sale. A buyer must prove reliability, expertise and a social concept on their own. Each state sets its own distances to other venues and to schools.

Buildings that also work without gaming hold their value best. Large open floor plates, plenty of parking and good road access allow alternatives such as hospitality, events or leisure uses. Lenders look closely at this alternative use.

In the Burgenland district of Saxony-Anhalt we are marketing an operator property built in 2012 with approx. 750 m² of floor area on around 10,000 m² of land. Five operating sections, an entrance lobby, existing reception and counter elements and 24 parking spaces make it suitable for gaming, club and leisure concepts. Asking price EUR 1,500,000.

No existing permit is included in the sale. Future use and approvals must be clarified independently by the buyer with the authorities. The full brochure with photos, key data and mandatory disclosures is shown in the listing overview above.

Owners who want to sell a casino or gaming venue first receive a sober assessment of planning law, permit status and alternative use. This determines whether the property should be marketed to operators, investors or users from other sectors.

Approaches are confidential, without portal listings or signage. Interested parties receive documents only after a personal consultation. Buyers can lodge a search profile with region, floor area and intended use.