Kursaal-Casino AG Luzern is the holding company of the Grand Casino Luzern Group and is subject to Swiss law. It holds a 100% stake in the share capital of each of its subsidiaries. It manages the business units by means of targets. The business units are largely embedded in independent management structures, and the governing bodies of the Grand Casino Luzern Group primarily perform strategic and coordination functions.
The following companies currently belong to the operational Group structure:
Kursaal-Casino AG Lucerne
Purpose: Management, operation and participation in companies in the fields of gastronomy, entertainment, tourism and culture.
100%
Casino Online AG Lucerne
Purpose: Development, establishment, operation and marketing of Internet platforms in the area of games and entertainment, in particular Internet casinos and other online games of chance of all kinds.
100%
Grand Casino Luzern AG
Purpose: Management and operation of a licensed casino together with associated additional services in the areas of gastronomy and entertainment at the Grand Casino Luzern as well as the provision of consulting and other services in the casino sector.
Capital
The ordinary capital amounts to CHF 6.4 million. There is no authorized or conditional capital.
Registered shares
The capital is divided into 64,000 registered shares with a nominal value of CHF 100. Kursaal-Casino AG Luzern has no voting shares. All registered shares have the same voting rights.
Profit participation certificates
The company has issued 4,000 profit participation certificates. Each profit participation certificate gives the beneficiary the same property rights to dividends and liquidation shares as a registered share with a nominal value of CHF 100. There are no other related rights, in particular no subscription rights.
Transferability / registration
The acquisition of registered shares in the company by shareholders or groups of shareholders is limited to 5% of the share capital. For shareholders who are entered in the share register with more than 5% of all registered shares entered in the commercial register when this provision is introduced, the restriction only applies to future share purchases on a contractual basis. In relation to the company, only those registered in the share register are recognized as shareholders. Please also refer to Article 4 of the company's Articles of Association.
Cross-shareholding
The Grand Casino Luzern Group has no cross-shareholdings with other companies in terms of capital or voting rights.
Kursaal-Casino AG Luzern is committed to professional corporate governance in line with corporate standards, which determines the management structure, organization and processes within the Group. For us, good corporate governance is an important prerequisite for transparent corporate management and sustainable corporate success.
The auditors of the Grand Casino Luzern Group have been BDO AG in Lucerne since 2001. The mandates are awarded by the Annual General Meeting for one year at a time. The Boards of Directors of the individual companies meet several times a year. The Audit Committee of Kursaal-Casino AG Luzern is the only standing committee and meets several times a year.