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Argentina – Blow to Boldt as company ruled out from new Buenos Aires casino tenders

The Provincial Institute of Lottery and Casinos (IPLyC) of Buenos Aires has decided to exclude local gaming company Boldt from the licensing process for the Central and Hermitage casinos in Mar del Plata and those in Tandil and Miramar.

The decision was made after state prosecutor, Hernán Gómez, questioned the guarantees put forward by Boldt during the tender for the casinos in the province of Buenos Aires and ordered that two of the offers put forward remain unopened.
The news means that Boldt’s new offer has been rejected for over half of the business the company has run for over two decades. The news also comes as a surprise as Boldt seemed likely to retain its position as market leader in the province. In October the IPLyC announced that Boldt was emerging as firm favourites to obtain the new licences after the first stage, which included the technical bid evaluation, financial background checks as well as other aspects for a maximum possible score of 55 points.

The seven casinos are being tendered in three lots, which combine the most and least profitable rooms, so that there are offers for all of the casinos.

In the first stage, Boldt was the only company to put forward a bid and obtained 38 of the 55 points that were at stake for the Trilenium Casino, in Tigre, which was tendered in the same lot as the Casino de Pinamar.

Във втория лот, който включва казината на Тандил, Мирамар и Ермитажа в Мар дел Плата, Boldt получи 34 точки, докато неговите конкуренти Bingo Oasis de Pilar получиха 32 точки.

Въпреки това, за третия лот, който включва централното казино Mar del Plata и казино Monte Hermoso, Casino de Victoria SA получи 37.5 точки в сравнение с 34 точки за Boldt.

According to the government’s Official Gazette, the decision to exclude Boldt was made based on an opinion from the State Prosecutor’s Office and based on different breaches of the specifications and technical specifications under which the tenders of seven Buenos Aires halls are now being carried out. Boldt now only remains in the running for the most profitable casino: the Trilenium Casino, in Tigre, which was tendered in the same lot as the Casino de Pinamar.
Търгът за 3,860 игрални автомата, работещи в седемте казина, беше официален след публикуването на Решение 34/2018 на 30 януари в Държавен вестник на правителството. Съгласно резолюцията, новият оператор ще трябва да инвестира в така необходимите подобрения на сградата и инфраструктурата и му е разрешено да изгради допълнителни развлекателни съоръжения.