With this operation, the company duplicates its operation in that country and consolidates itself as the most important casinos in Latin America.
The total price of the operation amounted to US$ 26 million, and included the acquisition of all the shares of the operating companies of the gambling halls, the purchase of the property where the Fiesta casino operates in Lima and the transfer of municipal authorizations. and ministerials necessary for the operation of these.
The acquisition is part of Sun Dreams' international expansion plans and is expected to have a positive impact on its results thanks to the incorporation of assets that generated approximately US$ 19.6 million in revenues in the last twelve months.
"We are proud of this great step that doubles our presence in Peru and represents a great opportunity to develop in a competitive industry with a stable regulatory framework such as Peru," said Jaime Wilhelm, CEO Sun Dreams.
Source: GMB
