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Chile – SJC makes headway in licensing process for Chile’s municipal casinos

By - 23 May 2018

The Deciding Council of the Chilean Gaming Board (SJC) will meet this Friday to analyse the technical evaluation of the bids for the casino in Pucón in the head offices of the SJC.

In addition, it may also analyse the technical bids put forward for the casinos in Viña del Mar, Coquimbo, Iquique and Puerto Varas, although this has yet to be confirmed.

Head of the SJC Vivien Villagrán Acuña confirmed that the process of awarding the municipal casinos is in its final stage and that by the end of June, the new operators for the municipal casino licences will be known.

“We have deadlines that the law envisages in a very precise way: the first one that expires is with respect to the Pucón casino and that is what we are working on. We have a meeting with the Deciding Council basically to generate the final proposal for the technical evaluation of the bids,” she said. “Once that happens and it is validated by the council, which has had the chance to make queries, which we have been answering, what appertains to us is to generate a resolution that indicates exactly what the scores are. That resolution is published and the opening of economic bids is called,” she added.
According to current regulations, the operating license for a casino will be awarded to the company that presents the highest economic offer for each commune, after having passed the technical evaluation stage.

The SCJ has been given the task of developing the licensing process in the districts of Arica, Iquique, Coquimbo, Viña del Mar, Pucón, Puerto Varas and Natales. With seven new casino licences now up for tender the Chilean gaming market will see its biggest transformation since 2005 the year that the government passed bill Law N°19.995, which allowed for the construction of eighteen casinos. 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 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.

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