he building was purchased on November 10, and is owned free and clear by Beneficial Holdings subsidiary, Recreaciones Beneficial, without any loan or mortgage. "Masaya, Nicaragua, is a growing tourist area that will attract players from around the world," said Carolina Navarro, President of Beneficial Holdings. "The City of Masaya, along with the central Nicaraguan government, are doing a great job of developing Masaya into a community that is attractive for tourism and development. Recreaciones Beneficial is proud to be part of the city's future," Ms. Navarro explained.
The bet.cr Masaya gaming center will be competitive because of its modern machines and high payouts. "Word spreads quickly in Masaya about new businesses, and we'll capture an audience because we make sure our machines have a fair payout along with good service and comps for players," Navarro stated.
The company will continue to brand its land-based gaming centers with the www.bet.cr name and will distribute software disks to all players who enter the gaming parlor. Beneficial Holdings, through its subsidiaries, continues to review additional opportunities in Nicaragua and elsewhere.