Montevideo Casino Parque Hotel Moves to National Control
Montevideo's Casino Parque Hotel closes as a municipal operation and passes to national control on 1 September 2026. The move follows persistent deficits and includes early retirement for most workers. The post Montevideo Casino Parque Hotel Moves to National Control appeared first on The Rio Times .
Uruguay’s sole municipal casino, Casino Parque Hotel, will transition to national control starting September 1, 2026, after operating as a city-run establishment for years. The investment firm IBF Negocios now oversees the property, which has consistently posted losses. The building, located in Parque Rodó, was opened in 1909 and acquired by the city government in 1915.
Casino operations moved to the Casa de Andalucía premises in 2015. The national Ministry of Economy and Finance will assume possession on September 1, with the casino reopening under this management a few days later. The Intendencia de Montevideo has formalized the transfer through a resolution to end municipal management. The casino, which employed 46 workers under the city, will transition 35 workers through early retirement and the remaining 11 to other municipal positions.
The national Dirección General de Casinos will run the gaming operation, utilizing its own staff. The Casino Parque Hotel remains an essential point in Parque Rodó and will continue to function as a casino within the state-run network.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
