30 November 2012

"Trump Panama has quickly established itself as a world-class destination for leisure and business travelers alike offering exceptional service and amenities. The opening of the casino will bring our guest experience to a whole new level," said Mark Stevenson, Vice President & Managing Director of Trump Panama. "We are excited to be working with Sun International, a company that shares our standards of service excellence and superior experiences."

Sun International acquired the space at Trump Panama and rights to operate the casino for $45.5 million. The company plans to invest a total of $60 million to build-out and fully develop the multiple spaces. Based in Johannesburg, South Africa, Sun International is a globally recognized public company that has an impressive portfolio of 27 resorts, luxury hotels and casinos operating in eight countries. The company prides itself on successful leisure group offerings focusing on superior gaming, hotel and entertainment experiences that exceed customer expectations. With Monticello in Chile, Trump Panama will be Sun International's second operation in Latin America.

"Given Trump Panama's icon status, great location and superb brand standards that match our own, we are very confident that upon opening, the casino will attract hundreds of local and foreign visitors annually," says Sun International's Acting GE, Garth Collins.

Having just celebrated its one-year anniversary in July 2012, Trump Panama has become one of the most sought-after hotels in the region. With a resort feel in the heart of the vibrant Panama City, the property attracts thousands of leisure and business travelers, as well as group and incentive travelers from North and South America. Most recently, the property was named the top #2 hotel in Central America by Conde Nast Traveler 2012 Readers' Choice Awards. With the opening of the casino, Trump Panama will further set itself apart as the only hotel of its kind in Latin America.