March 31, 2025 3 min read

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Group Partouche to Sell Former Cannes Casino Site

The casino, which was relocated to Palm Beach in December 2024, used to occupy the building’s first floor

French gaming powerhouse Groupe Partouche announced that it is divesting one of its properties in France. While the company didn’t go into details about the sale, it confirmed that it expects to close the agreement very soon.

The Casino Was Relocated Last Year

Groupe Partouche confirmed that it has decided to sell the building where one of its 41 casinos was located. The casino in question was transferred to another location last year, making the property unnecessary to the company’s business.

Located on François Einesy Street in Cannes, a popular resort town on the Frech Riviera, the building used to house the 3.14 Hotel. In 2016, it became the home of one of Groupe Partouche’s casinos until its eventual relocation several years later.

The casino, which was relocated to Palm Beach in December 2024, used to occupy the building’s first floor.

The building itself has a floor area amounting to 5,000 square meters. Its sale to an undisclosed buyer is expected to close by the end of Spring 2025, according to the announcement. As of the time of this writing, Groupe Partouche has not disclosed the agreement’s financial aspect.

Partouche Adopts Deblock’s Crypto Payment Solution

In other news, Group Partouche teamed up with crypto payments app Deblock to introduce a seamless crypto payment experience as easy as Apple or Google Pay. In its official announcement, Deblock, which is the brainchild of former Revoluta and Ledger employees, noted that its solution is compatible with any crypto wallet.

As a result, Groupe Partouche can now offer its clients instant settlements without any ID checks or friction.

This is just the beginning. Crypto payments are moving fast and so are we… watch this space.

Deblock statement

Groupe Partouche Participated in France’s iGaming Talks

Last year, Groupe Partouche was among the industry stakeholders invited by the government to discuss the potential legalization of online casinos. Other attendants included Barrière, and Circus, as well as the representative body, Casinos de France (CdF).

France, which has yet to legalize iGaming, has had some serious struggles with the black market. Despite its efforts to inhibit the growth of illegal gaming, the country’s efforts to crack down on unlicensed sites and channel players toward legal operators have yielded mixed results.

Because of that, many industry stakeholders continue to promote the launch of regulated iGaming, allowing France to tax the vertical.

However, the CdF has advised caution, urging lawmakers to not rush their decision and repeat the mistakes they made with the 2010 OSB and poker regulations. 

Journalist

Although Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at Gambling News is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.

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