By Phil - 15 October 2018

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VER Reglamento y condiciones del Club Casino Central Av. Patricio Peralta Ramos 2100, Mar del Plata, Argentina mail: casinocentral@boldt.com.ar - tel: (054) (0223) 4104450 interno 1.

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The provincial Institute of Lotteries and Casinos (IPLyC) has published the results of the first stage of the tender for the seven Buenos Aires casinos.

VER Reglamento y condiciones del Club Casino Central Av. Patricio Peralta Ramos 2100, Mar del Plata, Argentina mail: casinocentral@boldt.com.ar - tel: (054) (0223) 4104450 interno 1.

Long time local operator Boldt has emerged as the winner so far after the first stage, which included the technical bid evaluation, financial background checks as well as other aspects for a maximum possible score of 55 points.

In a month and a half, the government will reveal the results for the second stage of the process, which covers the economic guarantees that each competitor will make to the province of Buenos Aires for a total of 45 points.
The IPLyC has reported its findings to the potential licence holders who have three days to respond to any aspect of the decision.

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The seven casinos are being tendered in three lots, which combine the most and least profitable rooms, so that there are offers for all of the casinos. The tender for slots for the Trilenium in the city of Tigre (the largest casino by far) are being tendered alongside the casino in the coastal resort of Pinamar. The slots in the Central casino in the resort city of Mar del Plata are being tendered alongside Monte Hermoso, while slots for the Hermitage casino (also in Mar del Plata) will be tendered alongside the slots in the casinos in the cities of Tandil and Miramar.

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In this first stage, Boldt was the only company to put forward a bid and obtained 38 of the 55 points that were at stake for the Trilenium Casino, in Tigre, which was tendered in the same lot as the Casino de Pinamar.

In the second lot which includes the casinos of Tandil, Miramar and the Hermitage in Mar del Plata, Boldt was awarded with 34 points while its competitors Bingo Oasis de Pilar was awarded 32 points.

However, for the third lot which includes the Mar del Plata Central Casino and the Monte Hermoso Casino, Casino de Victoria SA was awarded 37.5 points, compared to 34 points for Boldt.

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In May, it was revealed that only three of the eight companies initially interested in the tender for the slot machines located in the state casinos in the province of Buenos had submitted their bids. Boldt, Casino de Victoria and Oasis Entertainment were the only three bidders meaning that Boldt is more than likely to continue to be the key player in the province as it is now only competing against two smaller local gaming companies. In addition neither Casino de Victoria or Oasis Entertainment put forward an offer for the 1,600 slots in the Trilenium casino in the city of Tigre (the largest casino by far).

Under current rules, operators of the slots of the Buenos Aires casinos are left with around 55 per cent of the “net win” generated by slot machines. The province receives the remaining 45 per cent of this but must pay for maintenance, salaries and uniforms as well as services and security. Unlike bingo halls, casinos belong to the province.

The tender for the 3,860 slot machines operating in the seven casinos was made official after Resolution 34/2018 appeared on January 30 in the government’s Official Gazette. According to the resolution, the new operator will need to invest in much needed building and infrastructure improvements and is permitted to build additional entertainment facilities.

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