Uruguay: Cipriani asks for more time to develop casino resort in Punta del Este

Tuesday, May 11, 2021 6:00 AM
  • Lucia Mouriño, SBC Americas

The developer of a proposed casino resort in Punta del Este, Uruguay, has asked the local government for more time to start construction work of the Cipriani Ocean Resort, Club Residences & Casino, which will be located on the land traditionally occupied by the Hotel San Rafael.

The Maldonado Mayor’s Office had shown concerns around the company not moving forward with construction work and called for a meeting with Giuseppe Cipriani, the Italian businessman in charge of the project.

In response, Cipriani requested “patience” from the Uruguayan government, as he explained that the pandemic has hindered the “mobilization of the capital” and, consequently, the development of the projects that they are working on.