Uruguay to relaunch bidding for Hotel Casino Carmelo in 2026
Uruguay.- 11 de December 2025 www.zonadeazar.com The Uruguay Ministry of Tourism announces a new call for proposals to operate Hotel Casino Carmelo, expected to take place in the first or second quarter of 2026.
Overview
The government of Uruguay is restarting the bidding process for the Hotel Casino Carmelo — located in the Colonia department — aiming to attract private investors after the previous round in 2025 failed to yield offers.
Key Details / Context
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The upcoming tender will feature revised terms to make the project more appealing to private bidders.
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In the previous attempt, no proposals were submitted; other options (transport terminal, educational center) were considered for the site.
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The lack of regulation of online gambling in Uruguay is seen as a deterrent for potential investors; authorities believe clearer regulation would boost interest in the project.
Sub-themes
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The role of online gambling regulation in enabling investment in land-based casinos.
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Competitiveness and regulatory risks in Uruguay’s casino sector.
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Economic and social consequences for Colonia region if the casino remains inactive.
Outlook
If the bid attracts qualified investors, Hotel Casino Carmelo may reopen in 2026 — creating jobs and boosting tourism in Colonia. If interest remains absent, the facility could be repurposed for other uses, affecting Uruguay’s casino landscape.
🔗 Edited by @_fonta www.zonadeazar.com