The license for a second casino in Asuncion, Paraguay, is about to be awarded. There are currently two groups in the running for the right to operate the new casino.

One candidate is a venture of Casinos del Litoral of Argentina, together with Paraguayan firm Starnet. The other candidate is Hotelera Emprender, also of Argentina, working with La Gloria Hoteleria of Paraguay, which currently operates the Hotel Guarani.

The winning group will need to invest at least PYG 25 billion, about $5.2 million, to satisfy the terms of the bid.

The National Gaming Commission, Conajzar, was expected to award the license on January 21.

At the same meeting, the commission will award the license for the operation of horse racing to the Paraguayan Jockey Club and the license for Telebingo to Channel 13. Both companies were the sole bidders for the respective licenses.

By GGB Staff

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