Tamares Group
From Wikipedia, the free encyclopedia
Tamares Group is a private investment group based in Vaduz, Liechtenstein. The company has interests in real estate, technology, manufacturing, leisure and media.
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[edit] Subsidiaries
- Tamares Real Estate
- Owns 20 acres in downtown Las Vegas and over 40 properties on that land.
- Tamares Media
- Tamares Leisure
- The Tides Hotel
- The Gold Spike
- The Plaza
- The Vegas Club
- The Western
- The Daniel Hotel
[edit] History
- In 1995 acquired 1500 Broadway in New York.
- On March 24, 2004 Tamares Real Estate acquired 20 acres in downtown Las Vegas, Nevada in a joint acquisition with Barrick Gaming Corporation. Tamares was the major investor with Barrick being mainly involved with operating the casinos. The purchase included:
- The Gold Spike
- The Plaza
- The Vegas Club
- The Western
- On June 5, 2005 Tamares acquired total control of the hotels and casinos from Barrick. However Barrick was retained as the leesee of the casinos since Tamares does not hold a Nevada gaming license.
- On December 22, 2005 Tamares entered into a lease agreement with Navegante to operate the Las Vegas casinos through a subsiderary called PlayLV.