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Silver Entertainment acquires Veneto casino

25 June 2007

PANAMA -- As reported by the Jamaica Gleaner: "Silver Entertainment (SE), a new hospitality and gaming company established in March by the Andalex Group, has announced its acquisition of the two-year-old Veneto Hotel and Casino in Panama this week.

"Andalex is a New York-based developer and real estate investment company operational since 1989.

"SE's gaming licence application in Panama was deemed complete earlier this year, and the Veneto acquisition from the Moisés Haskey, Alberto Daniel Btesh and Abraham Btesh partnership is SE's first venture into Latin America, the company said.

"...The property, which covers 45,000 square feet, sports 301 rooms is to be rebranded 'Veneto - A Wyndham Grand Hotel Veneto Casino'..."

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