Enjoy SA Acquires Full Ownership of Conrad Punta del Este Resort and Casino
The gaming giant, Caesars Entertainment, has divested its entire interest in the Conrad Punta del Este Resort and Casino, situated in Uruguay. The remaining shares were acquired by the Chilean gaming corporation, Enjoy SA, which previously held a 55% ownership. Through its subsidiary, Baluma Holdings, Enjoy SA now assumes complete control. This $180 million transaction concludes Caesars’ participation in the casino’s development. Enjoy SA had previously disbursed $14.7 million in February and has now finalized the purchase with the outstanding balance. The resort, nestled in Maldonado, Uruguay, features 300 guest rooms and a comprehensive casino. This strategic maneuver bolsters Enjoy SA’s footprint in South America, where it manages numerous casinos and hotels. The company has been actively expanding within Chile, inaugurating two new establishments, the Villarrica Park Lake and the Patagonia Hotel, earlier this year.