The Panamanian subsidiary of Thunderbird Resorts has been assigned a new board of directors by the nation's gaming control commission. The subsidiary, International Thunderbird Gaming Panama, owns the Fiesta brand of casinos.

Giselle Brea, executive director of the gaming commission, appointed Alberto Tiles as board president, Manuel Mata as secretary and Leris Bustamante as treasurer.

The move follows an audit last October that revealed financial problems with parent Thunderbird Resorts, according to reports from La Estrella and Yogonet. The gaming commission justified the action by claiming there were some irregularities with taxes.

International Thunderbird will be responsible for paying the new board monthly salaries. The president will receive $8,000, the secretary $4,000 and the treasurer $2,000 per pay period.

The gaming commission will decide how long to maintain the new arrangement.

By GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.