Treasury Holdings planning €300m Dublin supercasino

Treasury Holdings planning €300m Dublin supercasinoProposals for a €300 million supercasino on the banks of the river Liffey have been submitted by Treasury Holdings to the Department of Justice. Treasury says its Spencer Dock site near Dublin port is an “ideal location” for the construction of a large-scale casino as part of a regeneration of the area.

It claims the development could attract three million visitors a year and create 2,200 new jobs in the Dublin region. The venture could boost spending in the local economy by €75 million a year and generate more than €40 million a year in gaming taxes. Details of Treasury’s plans are contained in a submission to the department, which The Irish Times has obtained under freedom of information legislation. Treasury, whose loans are in Nama, filed the submission together with an international casino operator.

The name of this company has been withheld on the documents released on grounds of commercial sensitivity. According to the submission, a large-scale casino, including hotel, convention and spa facilities, along with restaurants, pubs, nightclubs and a bowling alley, would be 50,000-75,000sq m in size and would cost between €250 million and €300 million.

The Irish Times