In late April, the company that held the concession rights to the five casinos in Budapest interested them.

Garinvest Projekt Zrt. He became the owner of LVC Diamond Kft., Owner of the concession rights to five Andy Vajna casinos in Budapest, which passed away in January last year, the company writes, referring to the data from the public company. Mfor. The business was owned by unknown entrepreneurs through a Luxembourg company.

the 24.hu States that

The casino business is shared by two: István Garancsi, who also owns the MOL Fehérvár football club, and Kristóf Szalay-Bobrovniczky, the former ambassador to London.

The Garinvest Project was founded last November by one of Garancsi’s companies, Garinvest Zrt., Which was joined in December by the Szalay-Bobrovniczky company, London Capital Zrt.

the Mfor He also noted that LVC Diamond and Las Vegas Casino Zrt. They also have a new administration: the managing director of the latter was Gabriella Halkó, CFO of TV2, who according to press reports is a friend of Árpád Habony.

They added that this is all big business: in 2018, for example, the five casinos in Budapest had an annual turnover of HUF 28.3 billion and a profit of HUF 9.6 billion. the G7.hu and previously estimated based on balance sheet data, which could mow an additional 50 billion HUF with casinos during the concession period that expires in 2024, which will succeed Vajna.

the 24.hu As soon as Garancsi and Szalay-Bobrovniczky entered the property, he also rewrote the statutes to be able to withdraw the profits in the form of dividends from the company.

Garancsi is not testing this business now: he has had an interest in CAI Hungary Kft., Which operates the casino in Sopron. In 2018, he broke all previous records – his sales revenue was HUF 4.2 billion, and his after-tax profit was HUF 1.2 billion, which he also paid as dividends.

The fate of the casinos It was not clear long after Andy Vajna’s death who would be the owner of the casino network. In December a 24.hu Andrea Bártfai-Mager, Minister without a State-Owned Portfolio, said the casino’s last owner was the producer’s widow, Tímea Vajna.



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He would have been a competitor, but after one day his license was revoked. Meanwhile, Andy Vajna’s heirs received a state contribution to a new online casino.