Uruguay’s casino directorate takes over Casino Parque Hotel management from September
By SectorWire desk ·
Summary
Uruguay’s Dirección General de Casinos will assume management of Montevideo’s Casino Parque Hotel in September. Mayor Mario Bergara said the transfer would eliminate the municipality’s associated deficit by late 2027; annual losses exceed US$2m. The directorate will rent the building for two years and buy its operating machines.
Why it matters
The directorate will assume casino management, rent the building and buy operating machines; Bergara says this will eliminate municipal losses.