Chile’s Enjoy Acquires 45% Stake In Conrad Punta del Este

Patrick Archer arts & entertainment, aruba, foreign investment, hotels & casinos, lifestyle, tourism, uruguay

Casinos are big business in Uruguay, and the cash flow in the country’s most lucrative casino proved to be irresistible for one of Chile’s largest gaming companies. Santiago-based Enjoy will pay US$139.52 million to acquire a 45% ownership stake in the Conrad Punta del Este and assume control of the five-star casino currently run by Caesars Entertainment. The agreement gives …

New Salto Hotel & Casino Adds To Uruguay Gaming Sector

Patrick Archer foreign investment, hotels & casinos, lifestyle, real estate, uruguay

From Montevideo to Rivera to Atlantida, 2012 has been the Year of the Casino in Uruguay considering the number of new projects announced, under construction or opening their doors. Now add Salto to the list of Uruguay cities cutting the ribbon on a new casino. Opening next Friday, the Salto Hotel & Casino is a 6-story, 57-room hotel in the …