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Chile – GGR down by a third in Chile

By - 4 November 2013

The Chilean Gaming Control Board (SCJ) has reported that gross gaming income generated by the 17 casinos licenced in Chile stood at US$36.5m in September, a 29.6 per cent decrease when compared to the same month in 2012.

The casinos also received 26.1 per cent less visitors than they did last year. According to a SCJ press release posted today, gross gaming income has also declined by 2.5 per cent compared to August when the figure stood at US$37.4m with visitor numbers also declining by 3.4 per cent.

Annual figures also look to be down so far this year. So far gross gaming income from January to September reached US$368.1m compared to US$435.3m when compared to the same period in 2012  — a drop of  over 15  per cent.

The 17 municipalities and 11 regions where they are located received US$61m in gaming tax revenue while casinos generated an additional US$25.7m in tax on entrance fees for the state. On top of this amount the casinos also generated US$58.8m in gaming VAT.

In terms of gross gaming income (win) generated by the casinos, in September the  Monticello Grand Casino came in first place with 28.1 per cent (US$10.2m), in second place was Marina del Sol with 11.8 per cent (U.S$4.3m) while Casino Rinconada with 11.6 per cent (US$$ 4.2m) came in third.  Revenue for the remaining fourteen casinos in September were Enjoy Antofagasta 8.4 per cent (US$3.0m). Dreams Temuco 7.0 per cent (US$ 2.6m). Dreams Punta Arenas 5.6 per cent (US$2.0m). Casino Sol Calama 5.1 per cent (US$1.9m). Gran Casino de Talca 4.3 per cent (US$1.6m). Antay Casino & Hotel 3.7 per cent (US$1.3 m). Dreams Valdivia 3.2 per cent (US$ 1.2m). Casino Sol Osorno 2.8 per cent (US$1.0m). Casino de Colchagua 2.2 per cent (US$0.8m). Casino de Juegos del Pacífico 2.2 per cent (US$0.8m). Casino Gran Los Ángeles 1.9 per cent (US$0.7m). Dreams Coyhaique 1.1 per cent (US$0.4m). Enjoy Chiloé 1.1 per cent (US$0.4m) and Casino Termas de Chillán 0.1 per cent (US$0.04m).

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