Thunderbird Resorts Inc.

Thunderbird Resorts Inc.

September 04, 2009 19:03 ET

Thunderbird Resorts Inc.: Sales Report for August 2009

PANAMA, REPUBLIC OF PANAMA--(Marketwire - Sept. 4, 2009) - Thunderbird Resorts Inc. ("Thunderbird" or "Group") (FRANKFURT:4TR)(EURONEXT:TBIRD) reports the following sales for August 2009:

Thunderbird Resorts Inc.-
Group-wide sales results
by country (unaudited)
(in thousands) August 2009
Panama $ 4,825
Costa Rica (1) 1,392
Nicaragua 961
Guatemala 123
Philippines 4,021
Poland 178
Peru Gaming 1,895
Peru Hotel 1,070
Total net gaming wins and other sales $ 14,465

(1) During the third quarter of 2008, the Group acquired a controlling
interest in the entity that holds the Fiesta Casino Holiday Inn Express
(formerly Garden Court) operation, and as a result began consolidating
that operation at 100 percent beginning 1 September 2008. The balance
of the Costa Rican operation is a joint venture of the Group and its
results of operations are proportionally consolidated into the Group's
financial statements, therefore the table above represents the Group's
50 percent share in all the operations other than the Holiday Inn
Express property which is reported at 100 percent. The Group owns
controlling interest in all other countries and accordingly sales are
reported at 100 percent. For details of Group ownership at the country
level please refer to the Group's Annual Report 2008.


We are an international provider of branded casino and hospitality services, focused on markets in Central and, South America, Southeast Asia and India. Our mission is to "create extraordinary experiences for our guests". Additional information about the Group is available on its World Wide Web site at

Cautionary Notice: This release contains certain forward-looking statements within the meaning of the securities laws and regulations of various international, federal, and state jurisdictions. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential revenue and future plans and objectives of the Group are forward-looking statements that involve risk and uncertainties. There can be no assurances that such statements will prove to be accurate and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Group's forward-looking statements include competitive pressures, unfavorable changes in regulatory structures, and general risks associated with business, all of which are disclosed under the heading "Risk Factors" and elsewhere in the Group's documents filed from time-to-time with the NYSE Euronext Amsterdam and other regulatory authorities.

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