{"id":6387,"date":"2012-11-30T10:29:11","date_gmt":"2012-11-30T15:29:11","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=6387"},"modified":"2012-11-30T10:29:11","modified_gmt":"2012-11-30T15:29:11","slug":"105-million-investment-in-trump-ocean-club-casino","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/105-million-investment-in-trump-ocean-club-casino\/","title":{"rendered":"$105 million Investment in Trump Ocean Club Casino"},"content":{"rendered":"<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2012\/11\/trump-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6389\" title=\"trump 1\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2012\/11\/trump-1.jpg\" alt=\"\" width=\"448\" height=\"310\" srcset=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2012\/11\/trump-1.jpg 448w, https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2012\/11\/trump-1-300x207.jpg 300w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/p>\n<p>When I was visiting Mark Stevenson, the managing director at the Trump tower in Panama City, he was huddling with some guys who appeared to be big boys from out of town.\u00a0 Now I know who the guys were.\u00a0\u00a0 And BTW, those condo units that I have for sale where you can get a 7% return look pretty good now.\u00a0 I just hope that the owner does not raise the price!!<\/p>\n<p>South Africa&#8217;s Sun International has reached an agreement with Newland International Properties for the  acquisition of the casino component of the hotel development in Panama.<\/p>\n<p>Under the terms of the agreement, Sun International will get the casino component of the project, the Penthouse (to use as a private salon), a  group of building apartments and the rights that the building has to  apply for a casino license, all for a value of $45.5 million.<\/p>\n<p>Following the processing of the transaction, and for a period of nine months, Sun International will invest an estimated $60 million in developing the facilities and related casino.<\/p>\n<p>The group plans to install 600 slot machines and 32 gaming tables in a 5,800 square meters area.<\/p>\n<p>Source: Iol.co.za<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When I was visiting Mark Stevenson, the managing director at the Trump tower in Panama City, he was<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[219,11,6,51,31,7,44],"class_list":["post-6387","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-move-to-panama","tag-offshore-real-estate","tag-panama","tag-panama-hotels","tag-panama-property-exchange","tag-panama-real-estate","tag-travel-to-panama"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>$105 million Investment in Trump Ocean Club Casino - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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