Supplier News

Peru – Dreams gears up for expansion in Peru

By Phil - 19 August 2015

Following the announcement of the merger between Dreams and Sun International last February, Dreams has announced the appointment of Martin Davila who will move from his role as General Manger of the casino in Temuco and will now serve as the new Country Manager for its operations in Peru.

Mr. Davila has been with Dreams since 2008.

Peru is seen as a key market for the new company once it has merged. Dreams operates six casinos in Chile and has recently expanded into Peru where it operates four smaller gaming establishments in Lima and has plans to expand further in the region.

CEO of Dreams Jaime Wilhelm said that: “The due diligence process is progressing on schedule, so we want to anticipate and prepare for the new scenario, in which Peru will be one of the growth markets for the company.”

A number of other changes have been made within Dream’s operations in Chile with the appointment of new executives in its casinos in Temuco and Coyhaique.

In February Dreams and Sun International announced that they had entered into a memorandum of understanding to merge their Latin American operations as part of Sun’s International plans to expand into the Latin American gaming market.

The Latin American operations of Sun International, including Monticello in Chile, Ocean Sun Casino in Panama City and a project near completion in Colombia, will be merged into Dreams in the deal which will see Sun International expanding its presence in the region.

Once complete the current shareholders of Dreams and Sun International will each own approximately 50 percent of the combined entity. The merger creates Latin America’s largest gaming group.