Huge Fine Hangs Over Argentine Super Casino

Francois Peglau, 19/03/2008
GamblingCompliance Ltd.

Casino Club, owned by Argentine gaming magnate Cristobal Lopez and joint venture partner Barcelona-based Cirsa, faces a US$40m fine for delays in the construction of Las Vegas-style casino in Rosario City. Unsurprisingly, Casino Club has already asked for an extension of their construction deadline because such a fine could threaten the feasibility of the project, as well as politically sensitive projects elsewhere in the South American country.

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