Beneficial Holdings to divest non-gaming assets

Beneficial Holdings Inc. will focus solely on its gaming interests in the year ahead with news of its intention to divest its non-gaming assets which include Hotel Beneficial Managua, purchase agreements for the El Crucero hotel, the Montelimar Beach agreements and a portion of the purchase of El Transito.

The company who manages sportsbook.cr and bet.cr said it will maintain its gaming interest, including the gaming domains, under its subsidiary Grupo Beneficial S.A.

The transaction is expected to deliver in excess of $3 100 000 which will be used to finance the expansion of the company’s presence in Central America, as well as its entry into the U.S. gaming market to whatever extent is authorised by law.

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