ABOUT US:

PLAYMEX provides consulting and corporate legal representation involving acquisitions of existing and formation of new Mexican gaming corporations for the purpose of resort, hotel and casino development.


SERVICES:

PLAYMEX consultants cover all matters regarding legalized gaming and related business in Mexico. Sectors included are gaming and corporate law, Mexican gaming corporation acquisitions, new incorporation's, permit applications, regulatory compliance, contracts, finance, real estate purchases, resort, hotel, casino development and management. Our legal associates are highly experienced, award winning licensed corporate and gaming attorneys with offices in Mexico City; members of the most recognized associated network of international gaming attorneys.


GAMING PERMITS:

Gaming permits cover a variety of legal wagering activities such as Horse and Dog Racing, Jai Alai Games, Bingo, Video Gaming, Sports Books and Internet All Sports Wagering.  Permits have a life of 25 years which can be renewed. Mexico's laws are specific as to ownership of the permits, they are not transferable. However, an existing gaming corporation can be sold, this requires a 100% sale of the company’s assets for the permit to legally change ownership. This type of total sale of the gaming corporation is the only way to acquire complete control of the company.  


Another ownership option is investing in an existing gaming corporation, if the owners are open to investment partners.  In this type of investment one would receive shares or interest in the gaming corporation.

Other opportunities exist when gaming operations contracts can be negotiated with the gaming corporation. This agreement is where a contracted management company would operate a gaming business.  In this type of business arrangement there is no ownership position, it’s strictly a management agreement requiring an experienced gaming management company to obtain government permission to exercise the contract by obtaining an operations permit.    

Presently PLAYMEX is offering a limited number of single and multi-location gaming corporations for sale as well as contract management opportunities for experience gaming operators.  Purchasing 100% of the Mexican gaming corporations are available to qualified investors. 

Potential buyers must provide LOI and POF to be considered, once those standard business formalities are met then confidential company information is provided. Should the potential investor wish to move forward with the purchase, a deposit of 10% is required and placed in an attorney escrow.  The transaction would be under contract at the agreed sale price and can close in as little as 30 to 90 days depending on the complexity of the transaction involved.  


CASINO PROMOTION:
 
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BY
PLAYMEX
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