Chateau d’Ouchy, on Lausanne waterfront, sold to Lausanne Palace
GENEVA / LAUSANNE, SWITZERLAND – The Loterie Romande’s offshoot, Romande des Jeux, Monday 4 July sold the Chateau d’Ouchy to the Lausanne Palace hotel and spa for CHF45 million. The Loterie Romande paid CHF35m for it several years ago with the idea of turning it into a casino.
The federal gaming authorities refused to give it a license, however, and the owners, a public service utility… (View original article)