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Chile – Chile’s casino revenues dip slightly in March

By - 4 May 2018

Gross Gaming Revenues in Chile including revenue generated by the seven municipal casinos stood at $42,793m (US$69,454,059) in March.

This is a decrease of -0.9 per cent compared to the same month last year while the cumulative gross gaming growth rate stood at -1.1 per cent over the last twelve months.

According to the Chilean Gaming Control Board (SJC), Gross Gaming Revenue for the casinos, which already come under the supervision of the SJC, stood at $ 30,031m and made up 70.2 per cent of the total. Meanwhile, Gross Gaming Revenue for the seven municipal casinos stood at $12,762m making up 29.8 per cent. The amount gambled in March via the 11,275 gaming machines that were in operation in the 18 non-municipal casinos amounted to $384,013m. The prizes paid to players reached $359,970m which made up 93.7 per cent of the total amount wagered.

Regarding visitor spending, during the month of March for the casinos which already come under the supervision of the SJC average expenditure stood at $62,949 per visit, meaning a real variation of 2.3 per cent when compared to March 2017, and a real cumulative growth when it came to expenditure of plus 1.3 per cent over the last 12 months. The 477,064 registered visits were equivalent to a variation of plus 4.8 per cent compared to March 2017 and minus 1.5 per cent over the last twelve months.

Meanwhile, total visitors to the municipal casinos (not including the casino in Puerto Varas, which does not record this information) stood at 240,596 for the month of March. Unfortunately, for now this information cannot be compared, indexed or added to that registered by the casinos as authorised by Law No. 19.995, because there are no standardised measures in place by the SJC. In addition, data for average visitor spend for the municipal casinos is still unavailable.
According to the latest report released by the Chilean Gaming control Board (SJC), in terms of gross gaming revenue income generated by the casinos, the Sun Monticello came in first place with 17.1 per cent ($7,334m). Casino Viña del Mar came in second place with 12.0 per cent ($5,134m) and Casino Rinconada came in third place with 10.5 per cent ($4,481m). This was followed by Marina del Sol Talcahuano 8.5 per cent ($3,622m). Coquimbo 6.4 per cent ($2,737m). Enjoy Antofagasta 5.5 per cent ($2,348m). Dreams Temuco 4.6 per cent ($1,984m). Casino de Iquique 4.1 per cent ($1,743m). Dreams Punta Arenas 3.9 per cent ($1,658m). Casino Puerto Varas 3.3 per cent ($1,417m).

Gran Casino de Talca 2.6 per cent ($1,125m). Dreams Valdivia 2.6 per cent ($1,093 m). Casino de Pucón 2.5 per cent ($1,085m). Antay Casino & Hotel 2.5 per cent ($1,078 m). Marina del Sol Calama 2.5 per cent ($ 1,055m). Marina del Sol Osorno 2.0 per cent ($866m). Casino de Juegos del Pacífico 2.0 per cent ($856m). Casino de Colchagua 1.4 per cent ($608m). Casino de Arica 1.1 per cent ($477m). Dreams Coyhaique 1.1 per cent ($473m). Casino Gran Los Ángeles 0.9 per cent ($393m). Enjoy Chiloé 0.8 per cent ($357m). Casino Luckia Arica 0.8 per cent ($356m). Ovalle Casino Resort S.A. 0.8 per cent ($ 341m) and Casino de Natales 0.4 per cent ($169m).

The 18 non-municipal gambling casinos generated $11,242m in tax revenue in March 2018. Of this amount $4,868m was generated by a specific gambling tax destined for the Regional Governments and Municipalities where they operate, $4,795m was raised via gaming VAT and $1,580m was collected via tax on entrance fees.

Tax revenues generated by the industry stood at $169m for the Arica and Parinacota Region. $1,277m for the Antofagasta Region. $415m for the Atacama Region. $164m for the Coquimbo Region. $ 1,926m for the Valparaíso Region. $2,814m for the O’Higgins Region. $423m for the Maule Region. $1,556m for the Bío Bío Region. $758m for La Araucanía Region, $435m for the Los Ríos Region. $472m for the Los Lagos Region. $189m for the Aysén Region and $644m for the Magallanes Region.

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