Beneficial Holdings has announced that it has agreed to acquire its first gaming establishment through its subsidiary, Grupo Beneficial (Nicaragua).

The gaming establishment contains traditional games such as poker in addition to slot machines, including the newest digital gambling devices manufactured by IGT.

The facility’s location - which is yet to be announced - is said to be very popular with both locals and tourists. The facility maintains a full restaurant and beverage licence. Upon taking control, Grupo Beneficial intends to expand upon the licence by installing a full restaurant.

"This is just the very beginning of our business plan," said Carolina Navarro, president of Beneficial Holdings. "We are presently studying and pursuing additional negotiations in Central America with the ultimate goal of joining the ranks of casino companies such as Thunderbird Resorts, Princess Casinos International and Star City Casinos, which successfully operate in Managua."