Friday, October 23, 2020

Tag: Thunderbird Resorts

Sun Dreams completes Thunderbird Resorts gaming acquisition

Thunderbirds club
Sun Dreams has announced the acquisition of Thunderbird Resorts’ Peruvian gaming portfolio, in a deal worth $26m. The Chilean operator, part of Sun International, completed the purchase through its own Peruvian subsidiary in early April, which includes Thunderbird’s flagship property Fiesta de Miraflores in the country’s capital Lima. “The purchase is part of Sun Dreams SA’s international expansion plans,” said general...

Thunderbird Resorts restructure continues apace

Fiesta Lima Thunderbird
An annual report filed by Thunderbird Resorts has shown that the South American casino operator managed to increase its profit whilst simultaneously reducing its level of debt throughout 2015. An accompanying statement from Thunderbird president and chief executive Salomon Guggenheim claimed that the company had made progress “across all fronts” last year, with year-on-year EBITDA gain of 31 per cent....

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