Tag Archives: Uruguay

The President of Uruguay, Luis Lacalle Pou, travelled to Punta del Este to visit the construction site of the hotel being built by the Cipriani group in San Rafael. Invited by the investment partners, the president expressed being “impressed” by the scale of the project and praised the progress. He also recalled “the rather long…

The Ministry of Economy and Finance (MEF) criticized the bill under review in Parliament that seeks to regulate slot machines located in canteens, pubs, halls, bars, restaurants, and hotels of up to three stars. Several points were questioned, the main one being that it is an “illegal activity” when done without authorization — which is…

The Central Bank of Uruguay (BCU) has broadened its regulatory oversight over transactions potentially linked to illegal gambling and betting activities. The expansion is aimed at enhancing the national payment system, in an attempt to ensure improved efficiency and safety. By updating current regulations, the BCU has extended its regulatory framework to encompass Payment and…

The Ministry of Tourism (Mintur) decided to extend the opening of bids until September 2, 2024, for the sale of the properties linked to the future casino in the city of Carmelo in the department of Colonia. This is conditioned on the construction, completion, and operational launch of a luxury hotel with a concession for…

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…

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…

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…

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…

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…