CIRSA acquires 50% stake in Marrakech’s Grand Casino de la Mamounia
CIRSA said it acquired a 50% stake in the Grand Casino de la Mamounia in Marrakech through its subsidiary CIRSA International Business Corporation. The company said the casino’s current management team will remain in place and that it will fund the transaction with available cash.
CIRSA’s half-stake gives it a role in the Marrakech casino while its current management team remains in place.