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Tag Archives: Rio Negro

Argentina – Casino Club wins 20 year licence to run Casino De Bariloche

Argentine casino operator Casino Club has won the licence to run the beachside Casino De Bariloche in Río Negro, a province in northern Patagonian Argentina, along with its two annexes in El Bolsón and Jacobacci. The group was the only company who came forward in the tender for the casino which operates out of the…

Argentina – Río Negro Governor to terminate contract with Entretenimientos Patagonia

The Governor of Río Negro Province, Alberto Weretilneck has announced that he will end the casino licence contract with Entretenimientos Patagonia S.A. According to local press, gaming company Entretenimientos Patagonia S.A, breached its contract because of its failure to build a major bus terminal in the city as agreed in its contract with the government….

Argentina – Río Negro approves large scale casino and extends existing licences

The government of the province of Río Negro has presented the final agreement with local operator Crown to extend its licence agreement with seven gambling halls in the province. In return, the company will build a hotel casino complex called the Paseo Sol del Río in capital Viedma. The licence will run until 2042. Crown…

Argentina – Tax for casinos in Rio Negro agreed

As previously reported in July the government of the province of Rio Negro announced a 75 per cent tax rise on casinos. However, the tax was much less than had previously been announced by Governor Alberto Weretilneck in 2012. In 2012 Governor Weretilneck decreed that a yearly licence fee of 150m pesos (US$27.7m) would be…

Argentina- Tax hike for Rio Negro province

The government of the province of Rio Negro has announced a 75 per cent tax rise on casinos. It is estimated that casinos will generate more than 101m pesos (US$18.6m) by the end of 2013 due to the new tax. The new law, which was passed last week, establishes a minimum payment of US$18m for…