Newsroom
Phil, G3 Newswire ·
9:00 pm
Argentine company Commercial Tourism Company is looking to spend $60m restoring an eight-story casino ship, which has been in the port of Puerto Iguazú, a border city in the province of Misiones in Argentina, since 2013, with the plan of reopening and mooring it near the new bridge.
Lawyer Magno Álvarez, Paraguayan consul in Puerto Iguazú, who is accompanying the project, said: “Without a doubt, it is an unprecedented attraction in the Triple Border area, from Paraguay to the world.”
The area is known as the Triple Borders region due to adjoining borders of Argentina, Paraguay and Brazil.
March 16, 2021
In South America and a group of Argentinean businessmen are reportedly hoping to raise around $60 million in order to launch an eight-story riverboat casino into the Parana River.
According to a report from G3Newswire, the 52-cabin vessel named after local commercial shipping pioneer Nicolas Mihanovich was built in 1962 and had earlier served as a ferry transporting passengers across the River Plate between Buenos Aires and the Uruguayan port of Colonia. The source detailed that the ship was moved some 900 miles up the Parana River to the Argentinean city of Puerto Iguazu in 2013 as part of a plan that was to have seen it transformed into a floating casino hotel.