Tamares Group
Encyclopedia
Tamares Group is a private investment group based in Vaduz, Liechtenstein. The company has interests in real estate, technology, manufacturing, leisure and media. It is headed by billionaire Finnish businessman Poju Zabludowicz
Poju Zabludowicz
Chaim "Poju" Zabludowicz , owner of the Liechtenstein-registered Tamares investment group, is a Finnish Jewish businessman based in London...

, the son of the company's founder.

Subsidiaries

  • Tamares Real Estate
  • Tamares Media
  • Tamares Leisure
    • Las Vegas Downtown properties
    • The Daniel Hotel- Herzeliya
    • The Daniel Hotel- Dead Sea

History

  • In 1995 acquired 1500 Broadway
    1500 Broadway
    1500 Broadway is a skyscraper, located in Times Square, New York City. The skyscraper was completed in 1972, topping up at 119 meters , and has 34 Floors...

     in New York
    New York
    New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...

    .
  • In 1995 it opened the Plaza America on land acquired in 1988.
  • On March 24, 2004 Tamares Real Estate acquired 20 acres (80,937.2 m²) in downtown Las Vegas
    Las Vegas, Nevada
    Las Vegas is the most populous city in the U.S. state of Nevada and is also the county seat of Clark County, Nevada. Las Vegas is an internationally renowned major resort city for gambling, shopping, and fine dining. The city bills itself as The Entertainment Capital of the World, and is famous...

    , Nevada
    Nevada
    Nevada is a state in the western, mountain west, and southwestern regions of the United States. With an area of and a population of about 2.7 million, it is the 7th-largest and 35th-most populous state. Over two-thirds of Nevada's people live in the Las Vegas metropolitan area, which contains its...

     in a joint acquisition with Barrick Gaming Corporation
    Barrick Gaming Corporation
    Barrick Gaming Corporation is a private company that was founded by D.W. Barrick and Stephen Crystal. The company formerly operated several hotels and casinos in Las Vegas, Nevada...

    . Tamares was the major investor with Barrick being mainly involved with operating the casinos. The purchase included:
    • The Plaza
      Plaza Hotel & Casino
      The Plaza Hotel & Casino is a casino-hotel located in downtown Las Vegas, Nevada owned by the Tamares Group and Play LV is the leaseholder and operator of the property. It currently has 1,037 rooms and suites, as well as an casino and there is more than of event space...

    • The Vegas Club
    • The Western
      The Western
      The Western Hotel and Casino is a casino in Las Vegas, Nevada. The hotel is closed and the casino is owned by the Tamares Group and operated by Navegante....

    • The Gold Spike

  • On June 5, 2005 Tamares acquired total control of the hotels and casinos from Barrick. However Barrick was retained as the lessee of the casinos since Tamares does not hold a Nevada Gaming License. On December 22, 2005 Tamares entered into a lease agreement with Navegante to operate the Las Vegas casinos through a subsidiary called PlayLV.

  • On July 23, 2007 Tamares sold the Gold Spike.
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