The news was announced by the Ministry of Tourism of Uruguay.
Uruguay.- Expectations are growing in Carmelo nearly eight months after the launch of the tender to operate the Hotel Casino Carmelo, as the deadline for bid submissions approaches.
From the Ministry of Tourism of Uruguay, it was established that the bid reception for the sale of the Hotel Casino Carmelo, in Colonia, will remain open until November 28, 2024, at 11:00 AM.
This tender process seeks not only the sale of the properties but is also conditional on the construction, completion, and operation of a luxury hotel, as well as the granting of a private gambling concession in the casino for 20 years.
As revealed by the local media Carmelo Portal, the deadline until November 28 allows interested investors to have the necessary time to structure their proposals and meet the required specifications, both in terms of design and investment.
The submission of bids will be crucial to finalize the renewal of a space, whose reactivation promises to generate a positive impact both on the local economy and on the tourist offerings of the region.
It is worth remembering that in August, the Deputy Minister of Tourism of Uruguay, Remo Monzeglio, confirmed to Focus Gaming News the sale of the document that enables the submission of a project: "Obviously, a company having acquired the tender document for USD10,000 implies that it will submit a project, the expectation is very certain that there will be at least one project presented," he said.
The official added that one of the essential conditions to be able to apply for the call is to make a visit to the site; after the visit, the company is given a receipt that must be presented along with the project once the document is purchased. "The company that bought the document this week has already met the requirement of the visit to the place," confirmed Monzeglio.
Finally, the deputy minister declared: "We are satisfied, we are happy, with great expectations. The Hotel Carmelo is a venture that has a value of approximately USD2.2m for whoever acquires it, acquires it for life and also gives them a license to operate a private casino for 20 years renewable."
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The call includes the sale of two plots, owned by the Ministry of Tourism and where the hotel is located, and the concession of the exploitation of gambling for 20 years renewable for the same term.
The alienation is conditioned to the construction, completion, and operation of a five-star hotel, while the casino license involves the payment of an annual fee, composed of a percentage of gross revenues.
The base price for the sale of the properties plots N° 2.682 and N° 2.683 in the city of Carmelo (which consist of approximately 10,459 m2) will be 14.020.078 Indexed Units (USD2.126.720). It is worth noting that this amount will be converted to Uruguayan pesos at the exchange rate of the day before the public deed by which the transfer of ownership is to be carried out.
SBC Summit Latin America will take place at the Seminole Hard Rock Hotel & Casino in Miami, from October 29 to 31.
Press release.- As digital platforms increasingly dominate industry debates, it is important not to overlook the major transformations occurring in traditional sectors such as lotteries and land-based casinos.
The upcoming edition of SBC Summit Latin America presents a unique opportunity for 4,000 delegates to explore these transformations, understand changing player behaviors, and gain insights that can help them modernize their offerings through the specialized session "Lotteries, Casino, and Online Gaming".
The session is scheduled for Thursday, October 31, the last day of the leading gaming and betting event in Latin America, which will take place at the Seminole Hard Rock Hotel & Casino in Miami.
Attendees can expect a series of debates, including key findings from the recent Copa America, and its potential to enhance customer engagement, strategies for lottery operators to attract younger audiences, an exploration of the rapidly growing Brazilian lottery market, and much more.
Regarding this, Rasmus Sojmark, CEO and founder of SBC, said: "Lotteries and land-based casinos have long been the foundation of our industry. While it is natural that much of the focus is now on new digital products and services, we must not overlook the huge potential for innovation in these well-established sectors."
"The upcoming 'Lotteries, Casino, and Online Gaming' session will shed light on the impressive success these verticals continue to enjoy, helping attendees discover new ways to unlock their potential, drive growth, and increase engagement," he added.
The session will open with the session titled "Converging Worlds of Online Gaming, Sports Betting, and Physical Casinos", which will examine the influence of online platforms on the gaming market in Latin America.
With the participation of industry experts Jhon Mario Giraldo (president of the Board of Directors of CORNAZAR), Fernando Ortega (executive director of Lottofy), Arturo Chaltelt (manager of Business Development for Latin America, EveryMatrix), Juan José Mantese (director for Latin America, MeridianBet) and moderated by Natalia Torres (senior commercial manager of Evolution Gaming), the panel will analyze the performance of casino, sports betting, and multi-brand operators as more countries regulate online gaming along with sports betting.
The debate will also address how brands can secure market share and whether the industry will witness continued merger and acquisition activity in this evolving landscape.
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The panel titled "Copa America 2024, Insights and Learnings" will delve into the key findings of the 2024 tournament. With the participation of industry specialist Ignacio Iturraspe (Director of Sales at StatsPerform), the debate will address how operators leveraged the tournament to create unique betting markets and attract new customers, and strategies for offering engaging content.
In addition, the panel will cover the impact of the tournament on the performance betting of players and teams, and how these insights can be applied to enhance player engagement.
Following this, the panel titled "Digitization of Lotteries: Modern Focuses to Maintain Competitiveness" will offer delegates optimal strategies to modernize lotteries. During this panel, industry experts will explore how Latin American lotteries can leverage cutting-edge technologies, digital platforms, and artificial intelligence to transform their operations and enhance player experiences.
The debates will cover the latest trends and innovations shaping the lottery sector, the role of artificial intelligence in enhancing security and analysis, the transition of lotteries to digital platforms, and the use of data-driven strategies to attract and retain players.
To conclude the session, the panel titled "Lottery Keys: Analyzing the Brazilian Lottery Markets" will explore the local market. Expert speakers Wesley Cardia (former president of the National Association of Lottery Games —ANJL—), Ana Clara Barros (director of Legal Affairs at Sorte Online), Adriana Ferreira Tavares (senior associate at TozziniFreire Advogados), Filipe Rodrigues (founder of the Sports Management Institute —IGE—) and moderator Thiago Balieiro (vice president of Compliance and People at Sorte Online) will discuss the emergence of new state and municipal lotteries in Brazil and examine the market challenges.
