Bravo Wraps Up New Casino Gaming Business Venture in Nicaragua

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MGW has learned that Bravo Multinational Incorporated has just completed an acquisition transaction with Centro de Entretenimiento y Diversion Mombacho S.A., a well respected and established company with its head-quarters located in Managua, Nicaragua.

“In this transaction,” an emailed statement reads, “Bravo will purchase in total 500 slot and video poker gaming machines, in a part stock and part seller financed transaction.”

All machines have been fully Nationalized (import tax’s paid) and are to be operated under a long-term (year 2033) country wide national license, the statement notes.

“We at Bravo are very excited to move forward with this aggressive project for which we see very positive future rewards,” says Paul Parliament, Bravo’s CEO. “Also, the many additional doors it will open and the foothold this will establish for BRVO in Nicaragua is extremely promising. The current economic climate in Nicaragua is very positive with data showing in 2015 an economic growth rate of 4.9% driven by high growth in the construction and manufacturing sectors.”

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