Net Holding Casino
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CASINOS
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- With many casino companies using extensive debt financing to build new projects, the danger of a possible credit crunch - as happened in 2008 and 2009 - is always present as well.
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NET Holding A.Ş. owns Merit Casinos, the 8th largest casino operator in the world, which owns and operates casinos located in Turkish Republic of Northern Cyprus and Balkan region.
The first of them Merit Cyprus Gardens Hotel & Casino was opened in 1998. Today our Northern Cyprus operations feature six luxury hotels with approximately 24,000 square meter of casino space with 2,700 slot machines & 400 live game tables. Since 2016 Merit Casinos expanded its operations to the Balkans.
Currently, Merit Casinos are operating 10 casinos in total – five in Northern Cyprus, three in Montenegro and two in Croatia, with 35,000 square meter gaming space and offering 3,100 slot machines & 500 live game tables.
By the end of 2016, new Merit Casinos will be opened in Svilengrad, Bulgaria and Skopje, Macedonia.
Merit Cyprus Casinos
Merit Europe Casinos
LOTTERY
Exclusive Joint Venture Agreement with Scientific Games covering 26 foreign countries.
Turkey
WON the tender for 10-year exclusive monopoly license to manage Turkey’s National Lottery (MP) on July 15th, 2014 for US$ 2.755bn plus 18% VAT.
The deal couldn’t be signed on its completion date -April 15, 2015- set forth by the Privatization Board.
New tender auction is scheduled on March 10th of 2017.
Net Holding Casino Game
Net Holding Casinos
As the top candidate we were invited by Mr. Naci Ağbal - the Minister of Finance - to express our opinions regarding Tender Specifications for the upcoming Tender.
Balkans
In discussion for a management agreement of a lottery company in a Balkan country.