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Tag Archives: Uruguay

Argentine investors show interest in Carmelo casino

A total of four groups of Argentine entrepreneurs have met with the Undersecretary of Tourism Remo Monzeglio and showed an interest in acquiring the former Casino Hotel Carmelo. Two of those four groups expressed a strong interest in acquiring the property from the Ministry of Tourism and proceeding with its remodelling to convert it into…

Interest high for casino in Carmelo

Deputy Minister of Tourism of Uruguay, Remo Monzeglio, has revealed that three international groups have expressed their interest in the Carmelo Hotel Casino. Talking to local daily Carmelo Portal the official said that these groups, all from abroad, are actively evaluating the opportunity to invest. Between May 8 and 9, Monzeglio will accompany the Mayor…

Uruguay’s Ministry of Tourism calls for bids on casino project in Carmelo

The Ministry of Tourism of Uruguay announced the call for the sale of two properties conditioned to the construction and operation of a luxury hotel with a casino concession in the city of Carmelo. The permit for the operation of gambling games will be granted for a period of 20 years. According to the terms…

Uruguay- Tender conditions for new casino in Carmelo approved

The specifications and the call for tender for the Carmelo Hotel Casino have been approved. The terms and conditions for the tender of the hotel, which is owned by the State, were developed by a commission composed of the Ministries of Tourism and Economy, the Office of Planning and Budget, the National Ports Administration, and…

Uruguay – Construction of Cipriani hotel and casino on track

In the company of the mayor of the Maldonado department, Enrique Antía, developer Giuseppe Cipriani toured the works of the future San Rafael hotel and casino on Brava Beach in Punta del Este. Both the municipal chief and the investor said that they were optimistic regarding the progress of the building works, reaffirming that the…

Uruguay – Lawmaker puts forward gambling bill aimed at curbing addiction

Deputy and evangelical pastor Álvaro Dastugue has presented a bill on gambling addiction to the Chamber of Representatives of Uruguay. The bill aims to establish regulations for the “prevention and regulation of excessive gambling consumption.” The focus of the proposed bill is specifically on physical casinos, and it has been referred to the Special Commission…

Uruguay – Plans for two casinos scrapped by government

The government’s plans to boost tourism through the construction of luxury hotels and casinos in La Paloma in the La Rocha department and the city of Paysandú in the Paysandú department have failed to attract private investors, resulting in both tenders being declared void according to local press. The process, initiated in August last year…

Uruguay – Slot bill put forward in senate

Senator Sergio Botana has put forward a bill that would legalise slot machines outside of casinos and slot parlours. The senator told El País that the aim of the bill is “regulate the inevitable” and prevent the entry of drug traffickers into the market. Botana, said that he was confident that the initiative would gain…

Uruguay – President supports private investment in casinos

President Luis Lacalle Pou has come out in support of the expansion of the privately run casino sector. After a press conference on national issues, he was consulted by local newspaper Carmelo Portal over the future tender of the Hotel Casino Carmelo. Lacalle Pou offered a detailed explanation of the steps that the state has followed for…