Panama in the cards for next Trump casino

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.

Wednesday, August 6, 2008

The casino will be part of the Trump Ocean Club hotel and condominium complex currently under construction, and will likely open to coincide with the condo in either 2009 or 2010.

More on this topic

$45 million Casino in Trump Ocean Club in Panama

November 2013

The investment in Sun International Casino will reach $105 million for the complete development of the areas in the Trump Ocean Club areas involved in the agreement.

Capital.com.pa reports that "the 75,000 square foot casino, will occupy the second level of the hotel. It will include 32 tables of blackjack, poker, roulette and baccarat, as well as a collection of 600 machines.

$105 million Investment in Trump Ocean Club Casino

November 2012

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.

Under the terms of the agreement, Sun International will get the casino component of the project, the Penthouse (to use as a private salon), a group of building apartments and the rights that the building has to apply for a casino license, all for a value of $45.5 million.

Panama: Trump Ocean Club to Open in 2011

April 2010

The $400 million real estate project “Trump Ocean Club”, is slated to be ready by early 2011.

Roger Khafif, project leader, told AP that they have already completed 66 of the 70 stories of the tower, whose construction began on May 2007.

“It is the most expensive real estate project in Latin America, with over 2.8 million square feet and 70 stories”, told the developers in a press release.

New casinos in Panama in 2009

January 2009

The Games board reviewed four new request for the opening and operating of new casinos.

Dialogo Ciudadano.com reports: "The casinos include the following projects: Ice Towers, the Ocean Trump Plaza Hotel belonging to billionaire Donald Trump, and Los Faros de Panama which belongs to the Spanish group, Moll.

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