The Tenerife Island Council has announced its intention to resume the sale of the three gaming complexes that make up Casinos de Tenerife, located in Santa Cruz, Puerto de la Cruz, and Adeje. This decision comes after several unsuccessful attempts since 2014, with the last valuation in 2018 reaching 25 million euros.
The main objective of this joint divestment is to rationalize the public sector, as stated by sources from the Island Council, considering these facilities not to be a fundamental and indispensable public service. Currently, around 150 workers carry out their daily tasks in these establishments.
The President of the Council, Rosa Dávila, confirmed this decision when presenting the budget proposal for this year, exceeding 1,000 million euros for the first time. The sale of the casinos is intended to be carried out without tarnishing the image of the companies, as was accused in the previous term.
This new sales attempt adds to previous ones in 2014 and 2018, which proved unsuccessful. In September 2019, the tender was declared void as the only interested company failed to meet the conditions of the bidding process.
Despite this announcement, the resolution of the judicial process opened due to alleged irregularities in the management of the island's public casinos remains pending. Recently, the judge dismissed the case of embezzlement against the former manager, ruling out any financial harm to the companies managed by the casinos.
In this context, the Vice President of the Council, Lope Afonso, highlighted that the management subject to the lawsuit generated benefits for the entities, bringing peace of mind to workers and board members alike.
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