Expanding the company's growing international presence, Spanish gaming group Codere S.A has completed the acquisition of Thunderbird Resorts Inc.'s 63.6 per cent stake in six casinos in Panama operating under the Fiesta Casino brand for a total consideration of US$38.0m.
Codere had entered into an agreement to acquire Thunderbird Resorts' stake earlier this year in March. Following approval from the Panama Gaming Control Board and local anti-trust authorities, Codere has now confirmed that it has closed [...]