JUE 25 DE DICIEMBRE DE 2025 - 19:11hs.
AMERICAN AND SPANISH INVESTORS

Administrative City of Minas Gerais in Brazil may become a resort casino

American and Spanish investors of the gaming industry want to buy the the Administrative City complex (Cidade Administrativa), next to the Airport in Brazilian city of Minas Gerais to install a resort with casino. They already have plans on how the space would be occupied and are confident that Brazil will have legalized gaming soon.

Designed by renowned architect Oscar Niemeyer and built during the Aécio Neves (PSDB) government at a cost of US$ 385 million to the public coffers, the Administrative City may become a resort with a casino in the future. The information was given exclusively to local media Hoje em Dia by the president of the Economic Development Company of Minas Gerais (Codemig), Marco Antonio Castello Branco.

One of the obstacles is the approval of legalization of gambling in Brazil. There are currently two bills underway in Congress that address this issue. The Senate Bill (PLS) 186 returned to the Constitution and Justice Commission (CCJ) in late 2016.

"The State is analyzing the opportunities, seeing how it can use the Administrative City. But it is a fact that with the new legislation in process in Brasilia, which brings the legalization of gaming linked to the obligation of future operators to build resort with a minimum volume of apartments and romos, interested investors begin to appear in Brazil and, some of them, even talked to me, "said Castello Branco.

According to Codemig’s president, these foreign investors asked "if it could be a possibility buying the complex of the Administrative City to install a real resort with casino, show área and hotels," said Castello Branco, who added that they already have even plans of how the space would be occupied.

The Minas and Gerais buildings could be turned into hotels. The Tiradentes Palace, with four floors, could be use as a casino area. The Alterosa Building, which is an annex, could house the area of infrastructure and support. With 4,000 square meters and capacity of 490 seats, the JK Auditorium would be another space used.

"What I am saying is what came to us at Codemig. It was not an initiative that we took or went looking for. There we were investors that contacted the State to know if this project could be considered and the posible next steps. The answer was: First, The State of Minas Gerais that owns it; and secondly, wait to see the final legislation on gaming. But it is a real hypothesis, a real plan,” said Codemig’s president.

One of the highlights of the potential investors was the location of the Administrative City, near the Tancredo Neves International Airport, in Confins.

"They say that many of the users and regulars of these resorts take a plane, go to the casino and then go back to the airport, and they do not even go to the city. Play and be close to airports,” he said.


Still according to Castello Branco, these investors are American and mainly Spanish, who have much experience in this type of business. "I have also heard, even with no contact with us, about the interest of investors from the United Arab Emirates, that they would be checking this possibility. But the initial contact we had is from Spanish and American groups that know about the operation of resorts and resorts with gaming," he concluded.

Source: GMB / Hoje em Dia

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