Yamoussoukro, Ivory Coast – (African Boulevard News) – Michel Tomi, a well-known Corsican businessman, is planning to dive into the Ivory Coast’s growing gambling industry by opening a casino in Abidjan. The new establishment will be the city’s second-largest casino, and Tomi will also construct a 5-star hotel to complement the casino.
Michel Tomi, who has extensive business interests in Africa, is intent on penetrating the West African market. The Ivory Coast, in particular, has a growing gambling industry due to increased disposable income and the country’s stable economic conditions. The new Abidjan casino will provide a new outlet for the region’s gamblers, and the 5-star hotel will provide luxury accommodations for guests.
“Ivory Coast is a significant market in West Africa, and we believe it has excellent prospects for our business plans, particularly in the casino and hospitality industries,” Mr. Tomi said in a statement.
The new casino will offer a range of games, including slot machines, roulette, and blackjack, and is expected to attract a considerable number of tourists. Tourism is one of the Ivory Coast’s vital economic sectors, and the government is enthusiastic about supporting investments that boost the country’s tourism industry.
The Ivorian government has been actively encouraging foreign investment in the country, particularly in the tourism industry. In 2020, the government incentivized businesses in the industry to set up shop with tax breaks and other benefits.
Michel Tomi’s ambitious plans have been received positively by the Ivorian public, with experts already predicting the casino’s potential success. The casino is expected to create job opportunities in the hospitality and gaming sectors, an added advantage for the locals.
In conclusion, Michel Tomi’s decision to invest in the Ivory Coast’s gambling industry is a shrewd business move, given the country’s rapidly growing economy and the government’s support for foreign investors in the industry. This investment is likely to contribute significantly to Ivory Coast’s growing economy and provide much-needed employment opportunities.