💰 Closure of Europe's oldest casino leaves Italy's historic Como exclave in crisis

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With municipal-owned Casino Campione d'Italia facing an involuntary bankruptcy petition, the municipality's mayor is proposing to cut municipal staff salaries in.


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The casino dominates the tiny Italian enclave of Campione d'Italia, which designed by Swiss architect Mario Botta, opened in but online.


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Media reports suggest that a group of Swiss investors is looking at the possibility of acquiring Casino de Campione d'Italia, with an eye to transforming.


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Media reports suggest that a group of Swiss investors is looking at the possibility of acquiring Casino de Campione d'Italia, with an eye to transforming.


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floor Campione casino due to unhonoured financial obligations. slot machines in bars and cafes, and the rise of online gambling.


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Casinò di Campione's debt is now estimated to be around 73 million euros other forms of gambling gradually took their toll on the bottom line.


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In Campione v. Adamar ofNew Jersey, Inc., A.2d 42 (N.J. ), a casino patron sued the casino on various theories. Campione was a noted “card counter​,”.


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However, there is still hope for the casino's resurrection after a Milan court recently overturned the Como legal ruling on the grounds of procedural inconsistencies. Italy raises tax on gambling. Italy cannot just abandon it. Thank you for registering to our newsletter. The building, designed by Swiss architect Mario Botta, can accommodate 3, gamblers at a time, offering them 56 tables and around 1, slot machines to choose from. Authorities in Bern say discussions with Italy about the implications of the change are 'under way' but refuse to give details. Events Magazines Videos Photos. International edition. Newsletter Subscription. Before its closure in July, it employed a quarter of Campione's population in Como province. Advanced Search. June 08, Land Based Casinos. In , after seven years of construction, the brand new, 36,square-metre, ochre-coloured casino , was opened. Last July, a local Italian court in Como ordered the casino to close after it failed to honour its financial obligations to authorities in Campione , which is part of Como province. The email is already registered. Enter a valid email. Campione - Italy. For the 1, inhabitants of this one-square-kilometre sovereign Italian territory inside southern Switzerland, the closure of the public casino has been devastating. Inhabitants are demanding that Rome comes to the rescue.

The Casino closed its doors last July after decades of attracting tourists to the small enclave. The casino and municipality have together raked up millions in debtZanzi told AFP, adding, though, that go here was still holding out hope for a rescue.

It must take all possible steps [to save the enclave]. Since then https://rating.spinmoneyslots.site/casino/indian-casinos-near-sacramento-18-and-over.html community has struggled to cope with the loss of income and unemployment which has seen the Mayor quit, the local nursery close and the food bank inundated with people in need.

Unionist Vincenzo Falanga said: "Campione is Italian. And last month, the Italian government sent an expert to evaluate the possibilities of bringing the casino back to life. Related news.

For decades, it guaranteed the prosperity of the town, 23 kilometres casino on line campione Italy. Leave your comment. The strengthening of the Swiss franc against the euroas well as the opening of three large Swiss casinos nearby since have also taken their toll.

The demise of the casino is believed to have stemmed from new laws permitting slot machines in bars and cafes and the rise of online gambling, all of which have gradually whittled away the house winnings. Find us on casino on line campione networks.

The situation will soon become even more complicated, as next year t he enclave is due to become part of the European Union customs area , raising practical questions about interactions with non-EU member Switzerland. As a result of the downturn, Campione had no candidates for Sunday's local elections and has cancelled the ballot, which should have run in parallel with voting in European elections.