Mexico’s PlayCity gaming operations back on the block

Mexico’s Grupo Televisa conglomerate is once again flogging its PlayCity gaming operations, with some familiar names said to be among the potential buyers.

Last week, Mexican media outlets reported that Televisa was itching to sell its International Bets subsidiary, which includes the PlayCity Casino and PlayCity Apuestas businesses plus a daily and weekly raffle business. The PlayCity operations include 17 terrestrial gaming venues offering 7,200 electronic gaming machines, as well as online sports betting (powered by European tech provider Kambi)

Similar reports of an imminent sale emerged in May of this year, and likely candidates for acquiring the PlayCity brand included the Blackstone Group private equity giant, which acquired Spanish gaming operator Cirsa Gaming Corp this spring.

The new reports indicate that Blackstone remains among the frontrunners, along with Spanish gaming giant Codere, which already has a presence in Mexico via its Codere.mx site.