The national gaming commission of Paraguay, known as Conajzar, has declared the casino license tender announced in February null and void. Conajzar President Patricia Marchewska said the decision affects the licenses awarded for Asuncion, Central and Itapua.
The reasons given were that no offers were forthcoming for licenses in the interior of the country, and that there were unnamed problems with the applications from those seeking the Asuncion licenses, according to Latin news services Yogonet and La Nacion.
Marchewska said a revision of the documents will indicate which clauses assure more participation, and that another tender process will take place as soon as possible, probably within 30 to 60 days.
Separately, an investment group from Spain wants to develop a luxury five-star hotel casino in the Asuncion port zone. The group, Casco Antiguo, has acquired four blocks in the historic section of the city.