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Chile – Enjoy and Dreams deny collusion

By - 8 May 2023

Lawyers for Enjoy and Dreams have appeared before the Tribunal for the Defence of Free Competition (TDLC) in order to respond to a complaint put forward by casino operator Grupo Meier (Corporación Meier).

In a hearing which lasted for approximately three hours Enjoy’s lawyer Santiago Bravo strongly denied that the operator had colluded with any other company during the tender. “Enjoy has not participated in any collusive agreement with other actors,” he said.

The representative of Dreams meanwhile outlined the financial difficulties the company had faced during the casino tender and the pandemic.

Dreams put forward a detailed analysis of the context in which the last bidding process had taken place. According to lawyer Diego Ramos, representing Dreams, the terms of the tender had affected competition, making it difficult to apply for new or additional licenses. In addition the company had experienced additional pressure due to the pandemic and regulatory uncertainty at the time.

Ramos said Dreams had had to make “a huge effort to obtain financing sources to be able to grant economic offers” that had been laid out by the gaming board SJC. This in turn had made it necessary for Dreams to have “to enter into difficult negotiations with various financial institutions.” Ramos categorised the terms as excessive adding that these conditions remain in place today.

Last year the Peruvian operator, which is the current licence holder for the casino located in Talca and owns a share of the Puerto Natales Casino, denounced a series of alleged irregularities regarding the bidding rules for the last two public tenders carried out by the gaming board. According to company lawyers the licensing process, facilitated collusion and the continued dominance of local and already established operators in the market.

In April Grupo Meier complained to the Superintendence of Gaming Casinos (SCJ) demanding that the last tender involving Dreams, Enjoy and Marina del Sol be revoked. Grupo Meier based its claims on a report prepared by law firm Contreras Velozo on their behalf.

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