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Chile – Casino revenue up by almost 20 per cent in Chile

By - 1 June 2015

The 16 casinos in operation in Chile have reported increased earnings according to statistics released by the Chilean Gaming Control Board.

In April gross gaming income stood at US$38.7m an increase of 2.2 per cent compared to March, and a 19.9 per cent increase compared with the same period last year.

In April the 16 municipalities and 11 regions where the casinos are located received a total of US$6.4m in gaming tax revenue while casinos generated an additional US$2.1m in tax on entrance fees for the state. On top of this amount the casinos also generated US$6.2m in gaming VAT.

Gaming revenues during April were 2.2 per cent higher than in March while the number of visitors also increased by 4.2 percent from 409,158 in March to 426,360 in April. Year on year gross gaming revenue increased by almost 20 per cent to 19.9 per cent compare to April last year while the average spend per visit was up by 15.3 per cent from $48,421 pesos in 2014 to $55,806 pesos in 2015.

In terms of gross gaming income generated by the casinos, the Monticello Grand Casino came in first place with 27.6 percent ($ 6.565bn). In second place came Casino Rinconada 13.1 per cent ($3.125bn). In third place came Marina del Sol 11.4 per cent ($ 2.718m). This was followed by Enjoy Antofagasta 9.8 per cent ($2.322bn). Dreams Temuco 7.5 per cent ($1.782bn). Dreams Punta Arenas 5.5 per cent ($ 1.306bn). Casino Sol Calama 4.8 per cent ($1.142bn). Dreams Valdivia 4.2 per cent ($998m). Gran Casino de Talca 4.0 per cent ($962m). Casino de Colchagua 2.3 per cent ($536m). Casino Sol Osorno 2.1 per cent ($492m). Antay Casino & Hotel 1.9 per cent ($ 456m), Casino de Juegos del Pacífico 1.9 per cent ($440m). Casino Gran Los Ángeles 1.5 per cent ($356m). Dreams Coyhaique 1.5 per cent ($345m) and Enjoy Chiloé 1.0 percent ($240m).

According to the latest statistics released by the SJC, the 9,672 slot machines in operation in April handed out an average of 93.8 per cent of the stake. While the total bets made on slot machines stood at US$ 501.5m the prizes handed out stood at US $ 470.4m, leaving a total win for the casinos of US $ 31.1m.

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