The Qatar-based Al Bidda Group, that has investments throughout the Persian Gulf, will add a casino to its existing plan to build ‘Suites Malaga Port,’ a skyscraper hotel on the Dique de Levante in the Port of Málaga located in southern Spain, according to a G3 Newswire report.
The privately held company was given permission to build Suites Malaga Port, the current name given to the skyscraper hotel, on the jetty that outlines the eastern side of what is one of the oldest continuously-operated ports in the Mediterranean. The addition of the casino to its business plan will help to make a more lucrative project and enable a quicker return on its €106m investment in the hotel’s construction. According to the news agency, the estimated cost of the casino is €3.6m.
However, local gaming rules only allow for two casinos per province and currently Málaga, an Autonomous Community of Andalusia, already has a pair of casinos linked to a hotel. Gaming regulations in the region also stipulate that the tender process be completed prior to the granting of casino licenses. The region’s two casinos are the Torrequebrada casino, located in the HB Torrequebrada Class Hotel on the Benalmádena coast and The Casino de Marbella, a casino located within the grounds of the Andalucía Plaza Hotel. The latter has 101 gaming machines, as well as table games that include Blackjack, Roulette, Texas Hold’em, and Caribbean Poker. The smaller, Torrequebrada casino, is a highly popular tourist destination and houses 80 slots and 23 tables.
According to the news agency, local daily El Confidencial reports that currently, Al Bidda Group is considering purchasing one of the existing licenses. The local newspaper, quoting local sources, confirms that the company is in the midst of talks with Gran Madrid business Group, the manager and operator of the Casino de Torrequebrada-Malaga, the hotel and casino complexes in Torrelodones (Casino Gran Madrid) and Cartagena (Gran Casino Cartagena).
The skyscraper hotel project, which was endorsed by the city council last month, will be 135 meters in height (approximately 443 feet), and be home to 352 rooms, a conference center, spa, luxury shopping center, pool, accommodate parking for 485 vehicles, and possibly a casino. During construction, the new hotel will create approximately 1,300 jobs, with another 350 upon its opening in 2020, according to the news agency.