Necochea, Buenos Aires casino faces uncertain future after tender receives no bids

Key Points
- Buenos Aires Lottery officials had previously warned about the lack of interested bidders
- The casino is currently operating without a valid agreement, which the mayor described as irregular
- Rojas suggested transforming the site into a public plaza or real estate development, provided jobs are preserved
After bids were publicly opened for the control and modernization of slot machines in seven Buenos Aires casinos, the future of Necochea’s casino, which received no offers, remains uncertain.
Mayor Arturo Rojas addressed the situation of Necochea’s casino complex, acknowledging that the lack of bids had been anticipated, as Buenos Aires Lottery officials had already informed him of the absence of interested parties.
He described the continued operation of the casino as “irregular,” noting that the agreement that previously authorized its use had expired and was not renewed, making the current activity temporarily permitted.
The possibility of relocating the casino to a different building if a new operator emerges is also being considered, according to Rojas.
He expressed: “Moving the gaming activity would allow us to rethink the future of the property. Part of it could become a public plaza, and another part could be used for real estate development. It all depends on the economic context and private sector interest.”
Good to know: Necochea is a coastal city in the Buenos Aires province with a population of 102,110, according to the 2022 census
The mayor said that challenging economic conditions and high construction costs are key reasons behind the lack of investor interest.
He said: “Urban development in Necochea isn’t currently profitable for investors. No business owner is going to operate at a loss.”
He also emphasized the need for pragmatic alternatives, while noting his preference for private investment in the site, and added: “If that doesn’t happen, we’ll need to focus on options that protect jobs and support the development of the area.”
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