The gambling industry is mourning the loss of Paul Gauselmann, the visionary founder of the Merkur Group, who died at the age of 91 on Friday. Born in Germany in 1934, Gauselmann established his first gaming arcade in 1974, and under his leadership, the Merkur Group grew to employ over 15,000 individuals.
Throughout his remarkable 67-year career at the helm of Merkur, Gauselmann played a pivotal role in developing a company that generates an impressive turnover of approximately €2.1 billion ($2.45 billion). Even after stepping down from his position as chairman in 2024, handing over leadership to his son Michael, he remained actively involved in daily operations at the company.
In a heartfelt tribute on Friday, Merkur Group described Gauselmann as a “courageous fighter with grand visions.” The company expressed its sorrow, stating, “For everyone who knew Paul Gauselmann, the loss of him is still too much to take in. Yet, as he would have wanted, our gaze is fixed on the Merkur sun. The Merkur Group, together with its staff members, pays its respects to an extraordinary individual, with humility and deep gratitude.”
Industry leaders have recognized Gauselmann's significant impact on the sector. Stuart Hunter, Managing Director of WorldGaming, highlighted the founder's remarkable contributions, noting his support for the industry and the smooth transition of the ICE conference’s relocation from London to Barcelona in 2025. “Paul epitomised the qualities of entrepreneurship, drive, creativity, vision and empathy that underpin this industry,” Hunter remarked.
IGT also paid homage to Gauselmann, calling his influence on the global gaming industry “immense.” The company noted, “Paul’s pioneering spirit, entrepreneurial vision, and dedication to the evolution of gaming have left an enduring mark on our industry and all those who had the opportunity to work alongside him.”
In memory of Gauselmann, a memorial has been established at the statue of Paul Gauselmann, located in the courtyard of Benkhausen Castle, the training center for Merkel Group. Chairman Lars Felderhoff offered his condolences, sharing, “I am deeply grateful for the many personal encounters, shared successes, inspiring conversations, and valuable experiences I was fortunate enough to share with Paul Gauselmann. I will carry them with me, just as I will always remember the remarkable person behind this extraordinary legacy.”
