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Montevideo, Uruguay Mayor Signed Concession

The mayor of Montevideo, Uruguay has signed the hotly contested concession of the Carrasco Hotel Casino to the Codere Group, which won the tender process by beating out three other bidders. The matter now goes to the Department Council, which may take a month to study it. Runner-up Hyatt-Liberman claims that, among other things, the city of Montevideo would be losing 3,000 a month for 30 years by going with Codere-Sofitel. However, the National Audit Court, which received the case, chose to send it back to the mayor without comment. The court may comment in the future.

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