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. It is headed by billionaire Finnish businessman Poju Zabludowicz, the son of the company's founder.
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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 Gold Spike
- The Plaza
- The Vegas Club
- The Western
- The Daniel Hotel- Herzeliya
- The Daniel Hotel- Dead Sea
[edit] History
- In 1995 acquired 1500 Broadway in New York.
- In 1995 it opened the Plaza America on land acquired in 1988.
- 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 lessee 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 subsidiary called PlayLV.
[edit] References
- Las Vegas Review-Journal[not specific enough to verify]
