Tamares Group
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.
Subsidiaries
- Tamares Real Estate
- Tamares Media
- Tamares Leisure
- Las Vegas Downtown properties
- The Daniel Hotel- Herzeliya
- The Daniel Hotel- Dead Sea
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 (81,000 m2) 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:
- 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.
- On July 23, 2007 Tamares sold the Gold Spike.
References
External links