Enjoy Sells Punta Del Este Casino Resort
Uruguay.– April 16, 2026 – www.zonadeazar.com Chilean company Enjoy S.A. agrees to sell the Enjoy Punta del Este casino resort for approximately US$160 million as part of its judicial reorganisation process.
Overview
Enjoy S.A. signs an agreement for the sale of 100% of Baluma S.A., the company that owns the Enjoy Punta del Este casino resort, as part of its judicial reorganisation process in Chile. The transaction involves transferring the asset to an international investment group, marking a significant shift in the company’s regional structure.
Details / Context
The share purchase agreement is signed on April 10, 2026, setting a value close to US$160 million. The transaction is approved by creditors and is part of the process currently handled by the 8th Civil Court of Santiago.
The asset includes one of the leading entertainment complexes in Latin America, integrating casino operations, hospitality and related services. Enjoy has maintained its presence in this market since 2013, with subsequent investments strengthening the resort’s positioning.
Specific Subtopics
From a financial perspective, the transaction reflects a deep restructuring of the company’s asset portfolio. The sale value is below the total historical investment, highlighting the impact of the reorganisation process.
Strategically, the operation represents Enjoy’s exit from the Uruguayan market, allowing the company to focus on other operations and on stabilising its financial structure.
Future Outlook
The acquiring group plans to evolve the asset into a comprehensive luxury development, incorporating new offerings in hospitality, retail, gastronomy and premium residences.
This transition opens a new phase for the complex, focused on diversification and on reinforcing Punta del Este as a high-end international destination.
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