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 …

Uruguay Opens Casino College to Support Gaming Growth

Patrick Archer arts & entertainment, hotels & casinos, lifestyle, tourism, uruguay

From Argentines to Brazilians to North Americans, casinos have always been a major attraction for gaming-minded visitors to Uruguay. Now with some Punta del Este casinos doing more business than their Vegas counterparts and a high-profile Montevideo casino on the verge of opening this year, Uruguay is taking a novel approach to finding and grooming future croupiers. The Casino College recently …