Grupo Vid awarded as Best Brand and Company 2010

This prize shows the success of Latinos that is part from Malaga’s casino company Grupo VID. The Expansion company manager, Diego Naranjo, received the award and the congratulations of the assistants to the event. Gala Dinner and Prizes Ceremony took place in famous Guggenheim Museum, Bilbao, after an interesting visit around its facilities.

The exquisite decoration, the strategic locations and the inversion in innovation were some of the keys that made the juror decided to give both important prizes to Latinos. Team work and perseverance have always been essential to two of the most important things to obtain successes like this one for Grupo VID, the leisure company with more than twenty years of experience.

The Congress main purpose was: "to inculcate the perseverance at the moment of contributing solutions and change mistakes in opportunities", said Luis Íñiguez, president of Commercial Fair and Exhibition of Trends and Design. This congress showcases new projects and trends for the sector, both national and internationally.

The company will open its first casino in Argentina next year, in a top-level hotel in the City of Mendoza. It will have an expansion of 1,000 sqm, and will open its doors in September 2011. The venue will have the Latinos brand, the same used by the firm in its recreational venues in Spain, and will demand a us$ 6 million investment.

“It will have live game with roulette, black-jack, etc., on top of 200 to 300 slots, a restaurant and a sports bar”, expliained Director of Expansion of Grupo Vid, Diego Naranjo. Besides, he informed that the group is planning to arrive in other South American countries, such as Brazil.

South America may pass Morocco, the country that Grupo Vid first considered in order to start its international expansion. Its plan to open five leisure centers in developments promoted by Fadesa is suspended waiting the future of such real state company to be clarified.

These internationalization projects flow in paralell to the boost that the company is bringing to its Latinos division in Spain, which represents a change to the classic gambling hall. Nowadays, the chain counts with 14 open centers plus three in construction in Toledo, Ponferrada and Ceuta, which would open before the end of the year.

In 2011, the company will open other five casinos. Besides, the chain plans to receive two new franchises, so in just two years, Latinos will almost double its network.