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The operator of Dragonara Casino, Dragonara Gaming, has been granted a new 10-year concession by the government of Malta. This new concession, which commenced in August, comes as a result of an international request for proposals earlier this year.

As part of the agreement, Dragonara Gaming has committed to investing EUR 10 million during the concession period. The investment will be directed towards the development and restoration of the iconic Dragonara Palace and its adjoining grounds. Additionally, the company plans to introduce new entertainment concepts that will complement the existing casino operations, further leveraging the potential of the Dragonara peninsula.

The CEO of Dragonara Gaming expressed enthusiasm for the future, highlighting their vision to transform and modernize the Dragonara Casino when they took over its operations in 2010. Through aggressive and strategic investments, the casino reestablished itself as the leading casino in Malta and gained international acclaim.

Despite the challenges posed by COVID-19 restrictions in recent years, Dragonara Gaming remains committed to continuing their investment in the sector and developing the Dragonara peninsula into a unique and exciting destination in one of Europe’s best locations.

The new 10-year concession ensures the longevity and stability of Dragonara Casino’s operations, reaffirming its position as a key player in Malta’s casino industry. This development is separate from the 64-year lease extension previously secured for the casino’s real estate, which ensures the casino’s presence in St. Julian’s for years to come. Alongside Dragonara Casino, Malta is home to three other licensed casinos, namely Portomaso Casino, Casino Malta, and the Oracle Casino.

Dragonara Gaming, the company operating Dragonara Casino in St. Julian’s, Malta, has pledged to invest EUR 10 million in the development and restoration of the Dragonara Palace over the next few years. The Maltese government has granted the company a new 10-year concession for the casino, which started in August, following an international request for proposals earlier in the year.

During the new concession period

Dragonara Gaming plans to allocate the EUR 10 million investment towards upgrading technology, systems, and equipment to enhance the overall casino experience. The CEO of Dragonara Gaming expressed excitement about the upcoming years, stating that the Dragonara Palace and its surroundings will undergo significant development and rejuvenation. New entertainment concepts will be introduced to complement the existing casino operations, leveraging the true potential of the Dragonara peninsula.

Dragonara Gaming has been operating Dragonara Casino since 2010, having won an international call for tenders in the previous year. When they took over the casino’s operations, their vision was to modernize and transform the establishment, thereby fostering growth in Malta’s land-based casino sector. Through aggressive and well-planned investment initiatives, Dragonara Casino regained its position as the leading casino in Malta, earning international recognition.

Despite challenges posed by COVID-19 restrictions in recent years, Dragonara Gaming remains committed to investing in the casino sector and developing the Dragonara peninsula into a unique destination in Europe. The government had issued a call for casino proposals earlier, and Dragonara Casino emerged successful, securing the casino lease for an additional 64 years. This agreement is separate from the concession to operate the casino.

The company’s future plans prioritize preserving the historic and cultural value of the property while ensuring an entertainment experience in full compliance with responsible gaming and player protection. In addition to Dragonara Casino, Malta has three other licensed casinos, namely Portomaso Casino, Casino Malta, and the Oracle Casino.

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