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Casino Mundial

Mandate

Created in 2002, Loto-Québec subsidiary Casino Mundial is tasked with leveraging Québec’s know-how in designing, implementing and operating casinos and related businesses, and applying it worldwide as a means of generating economic spin-offs for the province.

Background

Through its Casino Mundial subsidiary, Loto-Québec is co-proprietor of JOAGROUPE, a company based in Lyon that owns and operates a network of 20 casinos in France. Casino Mundial holds a 35% interest in the group, and its co-shareholders are the European investment firm of Bridgepoint Capital (55%) and the enterprise's management team (10%).

Formerly called Moliflor Loisirs, the Lyon-based concern has earned a 8.4% share of the French casino market. As the third largest casino operator in Metropolitan France, JOAGROUPE has 1,500 salaried employees and operates 2,000 slot machines, 57 traditional gaming tables, as well as related services like restaurants, bars, discotheques and hotels. Its various establishments registered some 3.7 million visits last year.

Last update: June 17, 2010

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