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Thunderbird Resorts at a Glance


Thunderbird Resorts at a Glance

The Board:Management:
Jack Mitchell, President, CEO, and Director
Albert Atallah, V.P., General Counsel, and Director
Joaquin Daly, Director
Jean Duval, Director
Douglas Vicari, Director
Dr. Roberto de Ocampo, Director
Salomon Guggenheim, Director
Jack Mitchell, President and CEO
Albert Atallah, V.P., General Counsel
Mike Fox, CFO, and Corp. Secretary
Tino Monaldo, V.P. Corp. Development
Raul Sueiro, V.P. Asian & European Ops.
Angel Sueiro, V.P. Design & Construction
  • Thunderbird has 10 years of operating history with 33 gaming facilities, 9 hotels, 4 slot routes, and 1 (9) hole golf course. Thunderbird works in 9 different countries on 4 continents.
  • Thunderbird has 5,462 employees, 1,428 table positions, 4,646 slots, 509 video lottery machines, and 760 hotel rooms.
  • We are listed on stock exchanges CNQ (North America) Symbol BIRD.U and Frankfurt (Europe) 4TR.

Milestones for 2007

  • Expansion in Peru (6 hotels).
  • 85 million dollar Equity placement with a 1 for 3 reverse stock split.

Milestones for 2008

  • Development plans to open a 5,000 square meter Casino in Lima Peru.
  • Acquired 5 casinos in Peru.
  • Acquired a 21 room hotel in Costa Rica.
  • A 9 hole golf course, 36 room hotel and a casino expansion at Poro Point Philippines.
  • Expanding Eastbay Casino in Manila, Philippines adding a convention center.
  • Additional video lottery in Guatemala.
  • Adding slots in both Panama and Costa Rica.
  • Bello Horizonte site has been operating since July.
  • Acquired two casinos in Poland.
  • Commencing construction of hotel in Daman, India.
YearGross RevenueProperty EBITDAAdjusted EBITDA
2004$25$10$6
2005$42$12$8
2006$73$20$15
2007$100$29$23
2008 (Q1)$39$11.9$8.8
(in millions of U.S. dollars and 2008 annualized from Q108)
  • Total Assets are $245 million
  • Total Debt is $118 million
  • Total share holder Equity is $80 million.

Info as of July 31, 2008



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