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MINNEAPOLIS.- Southwest Casino Corporation announced today that it has entered into an agreement with a subsidiary of Palace Resorts to manage the casino at the Moon Palace Casino, Golf and Spa Resort in Punta Cana, Dominican Republic. The casino will be part of a 1700-room, all-inclusive luxury resort that Palace Resorts is constructing on the far eastern tip of the Dominican Republic. Palace Resorts plans to open the Moon Palace Casino, Golf and Spa Resort in Fall 2008. Southwest has been consulting with Palace Resorts on the design, development and operation of the casino since September 2007.

Under the new agreement, Southwest will continue to assist Palace Resorts in all phases of design, game selection, training and equipping the casino as a consultant and then manage the casino for five years after it opens in late 2008 or early 2009. As manager, Southwest will be responsible for all aspects of casino operations and will work with Palace Resorts to market the casino and the resort as a gaming destination. Southwest receives a monthly fee as a consultant and will receive management fees equal to 5 percent of net casino income after the casino opens, subject to a minimum monthly fee.

“We are excited to announce this extension of our relationship with Palace Resorts. We have enjoyed working with them as consultants and know that their world-class, luxury resorts match our model for a premier casino offering world-class customer service to its patrons,” said Jim Druck, Southwest’s CEO. “We appreciate the chance to help them develop this facility as consultants and look forward to the opportunity and challenges as manager of bringing our joint vision of an elegant, full-service Caribbean casino to reality at the Moon Palace in Punta Cana.”

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4 comment(s)
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Written by: ArsenioALembertJr, 26 Jun 2008 10:53 AM
From: United States
Great, a big bingo game in "La Provincia de La Altagracia". Just what the Province needs, another gated community: Iron Curtain/Tourist only can enjoy and splurge their money in---Resort.
We've almost reached the point of being just like Cuba. Which is a big "Foreigner only Heaven On Earth"; One big "Sandals Resort and Spa". While, outside the walls poverty rules. (Tablero y Domino')
"It's another variation on the theme: "I wonder how the other half lives"; Como viviran los pobres? Poker, anyone? Roulette? Garcon, svp!
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Written by: TFISKE, 26 Jun 2008 6:30 PM
From: Canada
Hey ArsenioALembert Jr

Would you get over the drama! I guess all could pack up and leave and then we could see how much better things are for the people of the DR!

The DR is far from Cuba

You sound like a guy who is favor of a Dictaorship!

The casino creates jobs just like hotels and restaurants,bars etc etc

stop your whining and enjoy the development and roads and infastructure that is coming to the DR

No it is not perfect but what is man!
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Written by: Jander, 26 Jun 2008 10:24 PM
From: Dominican Republic
ArsenioALembertJr,

Get a clue !!! 1700 rooms this is an enormous opportunity for not just the people in that region but as they do now they bring qualified help from all over the island.

After 5 years of training these employees will be able to better themselves and feed their children.

For God's sake you don't have oil here you have Cana , Platinos and beaches.
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Written by: arcatype This user is banned, 27 Jun 2008 8:12 PM
From: Dominican Republic
Arsenio this problem exist everywhere in the world, we live in a capitalist dominated world. Try to rent an apartment in Manhattan see how much you got to pay for a matchbox apartment it will cost you an arm and a leg. Gated communities exist everywhere, its called not living with people of the "lower classes" or "gente de orilla". In the case of Cuba nobody is rich there, only the tourist that visit that impoverished island can enjoy varadero and the little splendour they have there.
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