Clairvest Group said Casino del Sol was affected by Chilean earthquake

Volanta

Located in Concepcion, Chile

Titulo

Clairvest Group said Casino del Sol was affected by Chilean earthquake

Archivo de imagen (URL)

Epígrafe

Casino Marina del Sol (Casino del Sol), located in Concepcion, Chile, is located within the affected region.
Chile
 | 05/03/2010

Sumario

(Chile).- Canadian Clairvest Group Inc.and Clairvest Equity Partners III Limited Partnership announced that one of their joint investments has been impacted by the recent Chilean earthquake. Casino Marina del Sol (Casino del Sol), located in Concepcion, Chile, is located within the affected region.

Cuerpo

"While the financial impact to our investment and damages to the property are still being assessed, we understand that the casino will require substantial repairs before it can resume operations. The project is insured for catastrophes such as this. We remain positive that the casino will ultimately reopen although timing is uncertain," said Ken Rotman, Co-CEO and Managing Director of Clairvest.

"We believe that Chile and the city of Concepcion are in a strong position to manage the challenges of the reconstruction efforts ahead, and our thoughts are with the employees of Casino del Sol, our local investment partners and the population of Chile."

Fuente

Yogonet.com / MarketWatch

Noticias relacionadas