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Argentina gambling industry tycoon closes Miami casino for a year

Wednesday, August 20th 2014 - 10:06 UTC
Full article 25 comments

Argentine gambling industry tycoon Cristobal Lopez and who has been targeted by Paul Singer from Elliott Management in his hunt for assets connected to Argentine leaders, has closed for 'a year' a casino he owns in Florida and which he only opened last February. Read full article

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  • Leiard

    Nothing to do with Singer going after assets connected to Argentina's leaders.

    Aug 20th, 2014 - 10:27 am - Link - Report abuse 0
  • La Patria

    Expect some more Lopez establishments to close due to 'refurbishments'.

    Aug 20th, 2014 - 11:14 am - Link - Report abuse 0
  • Captain Poppy

    And so the hunt begins.......Around the World in however long it takes. You can close shop, but you cannot hide....for long!

    Aug 20th, 2014 - 11:54 am - Link - Report abuse 0
  • Chicureo

    ....Closing down a new casino for one year to remodel....
    ...Software glitch caused non-payment of taxes...
    ...Pass the popcorn...

    Aug 20th, 2014 - 03:06 pm - Link - Report abuse 0
  • Captain Poppy

    It's open for less than a year and they are already “remodeling”........what is wrong with this picture?

    It seems to be proving difficult to get away with criminal behavior outside of Argentina.

    Aug 20th, 2014 - 03:43 pm - Link - Report abuse 0
  • 4n conTroll

    Americans are such fools. Destroying jobs in underpriviledged areas.

    I'm sure that will call the Racial Holy War down.

    Aug 20th, 2014 - 03:50 pm - Link - Report abuse 0
  • RICO

    #6 Surely the jobs are being destroyed by the Argentine owner .......... Unless you are suggesting ha has another motive other than investing $50m and using local workers to renovate the place.

    Shock horror breaking news Argentine is a liar.

    Of course 300 staff at vague earnings of $40k will save him $12m so if he is telling the truth he will be putting more money into the economy this year while closed AND the business he would have previously generated will go to legitimate businesses not laundering stolen money for the Kirchners.

    Aug 20th, 2014 - 04:09 pm - Link - Report abuse 0
  • Captain Poppy

    Laundering operators typically do not keep they entities going for very long. I am sure you will not find the Lopez will not be found on US soil soon if not already.

    But wait!!! 300 jobs lost......this must be an act of terrorism...........Bring out the economic terrorist police and the dollar dogs.

    Better yet:

    “Meanwhile, the Division of Parimutuel Wagering could have a say on whether the facility will be allowed to close at all.
    The company needs the agency’s approval before it can alter its jai alai schedule and the division is ”still reviewing it,’’ said Tajiana Ancora-Brown, spokeswoman for the agency. State law requires that the facility perform a certain number of performances to maintain its permit.”

    http://www.tampabay.com/blogs/the-buzz-florida-politics/south-florida-newest-casino-wants-to-close-for-a-year/2193518

    Aug 20th, 2014 - 04:28 pm - Link - Report abuse 0
  • ChrisR

    If somebody shouted “SINGER” at the top of their voice in Casa Rosada TMBOA would need a clean set of knickers or the carpets washing.

    It's still funny after three and a half years of MP. :o)

    Aug 20th, 2014 - 04:38 pm - Link - Report abuse 0
  • Captain Poppy

    They used to have Jai Alai up here in the northeast.....Hartford actually. He was forced to close because the links to the mob and corruption. I thought Miami's finally closed as well...........oh well. 6 months after opening smells like an investigation in the works.

    Aug 20th, 2014 - 05:33 pm - Link - Report abuse 0
  • Chicureo

    #9
    Very funny...

    Aug 20th, 2014 - 07:35 pm - Link - Report abuse 0
  • yankeeboy

    Do I hear the Jaws theme playing?
    Methinks Singer is getting close and that's why the rats are getting nervous.

    and its only been a few days, what oh what can he find in a month or two.

    Aug 20th, 2014 - 07:35 pm - Link - Report abuse 0
  • ChrisR

    Expect a few of her cohorts to start being disappeared just to stop the link back to TMBOA and Maximus Prattus.

    Aug 20th, 2014 - 09:27 pm - Link - Report abuse 0
  • chronic

    The casino owners should be charged under the applicable statutes for economic terrorism.

    Aug 20th, 2014 - 10:16 pm - Link - Report abuse 0
  • 4n conTroll

    Why don't you people worry about he coming hoardes of head-chopping BRITISH MUSLIM EXTREMISTS from ISIS, instead of some old debt?

    Aug 21st, 2014 - 01:15 am - Link - Report abuse 0
  • Marcos Alejandro

    We don't worry about Singer but you should worry about a Londoner called John.

    'British' jihadist who beheaded journalist is Londoner called John”

    http://www.telegraph.co.uk/news/worldnews/middleeast/iraq/11047109/British-jihadist-who-beheaded-journalist-is-Londoner-called-John.html#

    Aug 21st, 2014 - 03:15 am - Link - Report abuse 0
  • 4n conTroll

    It begs the question if Britain is such a successful nation why are so many people there so disaffected to the point they literally set fire to the country in 2011, and today who knows how many dozens have left to join these truly barbaric turds out in the middle of nowhere, leaving supposedly “wonderful” Britain behind.

    Aug 21st, 2014 - 03:27 am - Link - Report abuse 0
  • Troy Tempest

    YB Poppy Chris et al

    The Argentine Trolls would have us think 'either or '.

    Sorry...
    , we are not just going to forget all about the government that systematically set about absconding with other people's money, ignoring their commitments, and then defying and defaming the authorities and courts they agreed to abide by...

    just because ANOTHER bunch of loonies is pursuing their own violent and selfish agenda, ALSO.

    Honestly, they are like children, “ I know I'm wiping snot on the curtains, but look at so 'n so, colouring on the walls”

    Aug 21st, 2014 - 03:29 am - Link - Report abuse 0
  • 4n conTroll

    @18

    Just answer the thoughts at 17.

    Aug 21st, 2014 - 03:35 am - Link - Report abuse 0
  • Marcos Alejandro

    Why are so many dumb br(i)utes join medieval thugs Isis?

    Aug 21st, 2014 - 04:33 am - Link - Report abuse 0
  • Nightingale

    All argys are dancing to Singers tune..sweet

    Aug 21st, 2014 - 05:55 am - Link - Report abuse 0
  • Troy Tempest

    21 Nightingale

    The amusing thing is, they are so driven to distraction over it, they do not even see that Singer is already enjoying a victory - watching the fools become so preoccupied with dodging the bullet.
    And Singer hasn't done anything... yet!

    Wait until he is seen to be observing their assets.

    Already, Libertad probably doesn't stray from port.
    Tango One does the loop to Venezuela, Cuba, and back, nothing more.
    Timmerman has his account frozen at the Neiman-Marcus men's wear Section in NYC.
    Alicia has to chain her 7 Series to a lamp post whenever she leaves the garage.
    Now , Elvis never will get that tie he couldn't afford...

    Aug 21st, 2014 - 06:28 am - Link - Report abuse 0
  • Captain Poppy

    Troy....I think it's funny that one launderer opens 150 businesses in Nevada...the other spends millions to open a business the tries to close it after 6 months for renovations (only the gaming commission says.....uh uh uh not so fast). Not the brightest launderer's now are they? I may not like Singer's scavenging business.......but I love the show he is putting on. yb is right........wait down the road for what else he finds.

    ...pass the popcorn!

    Aug 21st, 2014 - 09:31 am - Link - Report abuse 0
  • Leiard

    There are not many people that manage to run a casino at a loss !

    Aug 21st, 2014 - 02:24 pm - Link - Report abuse 0
  • Captain Poppy

    #24 think of it this way......like a Venezuelan. Not many countries have the world's largest proven oil reserves and are broke and poor.

    Aug 21st, 2014 - 04:12 pm - Link - Report abuse 0

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