Poland’s state-run gambling operator Totalizator Sportowy (TS) is looking to expand into land-based casino operations by acquiring local operator Casinos Poland.
On Wednesday, Polish media reported that TS, which has a monopoly on Polish lottery, land-based slots halls and online casino operations, was looking to acquire a majority stake in Casinos Poland, which operates eight land-based gaming venues in the country.
Colorado-based Century Casinos currently holds a two-thirds stake in Casinos Poland, and a TS spokesperson confirmed that TS was looking to acquire these shares from Century. The spokesperson played coy with the details, but said the process was “at the stage of due diligence and work on transaction documentation (including a sales contract).”
TS has submitted an application to Poland’s Office of Competition and Consumer Protection (UOKiK) to ensure the state voices no objections to TS expanding into the land-based casino market. The company already operates a slots hall monopoly with hundreds of venues across Poland.