Codere Purchases Panamanian Casinos in $40 Million
Gambling company Codere announced it will purchase 63% of Thunderbird, who operates six casinos in Panama.
Friday, July 23, 2010
The acquisition was started back on March, and is currently being reviewed by the Panamanian Office for Competition.
Five subsidiaries of Codere, which operates 11 casinos in Panama, have declared bankruptcy a month after their holding company did so.
The Spanish based company operates in Panama 11 casinos, 6 sports betting centers, and the President Remon Racetrack.
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