Chile – Region V Future casino seeks to double investment in first phase to U.S. $ 40 million.

A significant increase in its investment in the first stage of the casino being built in the area of Rinconada de Los Andes (Region V) proposed by the group Salguero the Colombian Superintendency of the sector, which analyzes the plan increases by U.S. $ 17.5 billion to $ 40 million.

“To expand the project by almost 100% over the original, because we want to do something important, and we are awaiting approval of the superintendent,” said CEO Ivan Messiah.

Although the proposed changes are part of the initial phase of this complex future, focus on expanding access, connectivity, and parking with the construction of a road junction underpass from the Los Libertadores highway, the extension of the inner circle casino-hotel increases the surface area of the parking lots at 265 square meters.

Check the feasibility of making this change a few months the deadline for delivery of this stage-set for August 29, Messiah said that the new works completed on time.

While the company has not requested extensions for the rest of the project, which includes a 5 star hotel of 120 rooms and a spa, among other facilities, the executive said that it “will require more later,” and that future plans are thinking of a putting green.

Casino Rinconada de Los Andes is one of the last schools to implement under the new law that authorized 18 new gambling licenses in the country.

Contact for admission of a partner

By having the ability of society to assume this Salguero Hotels significant increase in investment, Messiah said that the signing of Colombian capital has the resources suficientes.Y as to whether these new investments are subject to successful negotiations that have sustained in recent months to add new partners, the executive said the group is able to carry out the project, regardless of the outcome of these contacts.

“We have talked with other operators, potential investors various options and we had three very close that we could not realize. Salguero Hotels is only increasing their commitments,” he explained.

The intent was that once the current shareholder-Canadian Clairvest in Marina del Sol in Talcahuano, which failed last November, joined the company with capital of South America Peru Gaming (Sagse), chaired by Alan Azizollahoff, who met in late January with the Superintendent of Casinos, Francisco Javier Leiva, to know the procedures and regulations in Chile.

Based in Lima, where it operates 19 gaming halls, Sagse manages a total of 40 casinos in Latin America and the Caribbean.

The Second