Guatemala signs agreement for six casinos
Alekson Development Group signed an agreement with Guatemala to develop six casinos including hotel and golf course services.
Wednesday, November 12, 2008
The Group is a subsidiary of Fin City Associates, which according to ADG is focusing on economic development in Guatemala. They signed an agreement with the government to develop recreational centers in the capital city, Puerto Quetzal, Puerto Barrios and Atitlan Lake over the next ten years. Construction will begin during the first quarter of next year.
Donald Trump's company Trump Entertainment is planning on opening it's first gaming facility outside of the United States on the Pacific Ocean in Panama City.
Since the current government once again began allowing new casinos, the relevant authority has approved applications for three new licenses.
South Africa's Sun International has reached an agreement with Newland International Properties for the acquisition of the casino component of the hotel development in Panama.
The hotel chain InterContinental Hotels Group announced the signing of two contracts for Holiday Inn Express hotels in Managua and Tegucigalpa respectively.
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