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Tag Archives: Chile

Dreams reports doubling of profit in 2023

Dreams has reported  an increase in its profits. The results at the close of 2023 reported to the Financial Market Commission (CMF) increased by 53 per cent, rising from $17.317bn (US$19m) in 2022 to $26.538 billion (US$30m). The revenues of the casino and hotel company grew, but to a lesser extent, adding 11 per cent…

SJC concludes bidding stage for two casino licenses

The Superintendence of Casinos of Chile (SCJ) has announced that the stage of submitting technical and economic bids for the granting of licenses for a casino in Castro and another licence in the city Coyhaique has concluded. Castro is located on Chiloé Island in the Los Lagos Region of southern Chile and is the capital city…

Chile – Enjoy receives asset offers following January restructuring announcement

After Enjoy announced in January that it was going through another restructuring the company has now announced that it is receiving offers for its assets, both in Chile and in Uruguay. “The Company has received and is currently analyzing expressions of interest and offers for assets (gaming casino operations, hotels, and real estate assets) in…

Lawmakers take another look at Chile’s proposed online gambling bill

Chile’s online gambling bill was the subject of further debate last week after the Senate’s Economic Commission resumed its analysis of the proposed bill. Specially invited to this session were the General Manager of the Concepción Lottery,  Mario Parada; the Regulatory Deputy Director of the  Internal Revenue Service (SII), Simón Ramírez and Director of the…

Chile – SJC Grants 15 year extension to Casino Marina del Sol Calama

The Chilean Gaming Casinos Superintendency (SCJ), announced that it had granted an extension to Latin Gaming Calama’s casino license to continue the operation of Casino Marina del Sol Calama, located in the Antofagasta region, for the next 15 years. Through a statement, the company highlighted that the renewal of its operations in Calama positioned Marina…

Chile – Senate economic commission resumes debate on online gambling bill

The Senate’s Economic Commission has resumed the analysis of online gambling regulation in Chile. After the legislative recess in February, parliament returned to normal activities and received presentations from the Association of Online Betting Platforms, the Superintendence of Casinos of Games (SCJ), and Polla Chilena de Beneficencia. Lawyer Carlos Baeza, advisor to Betsson, Betano, BetWarrior, Coolbet,…

Chile – Enjoy S.A. initiates judicial reorganization process

Through an essential fact signed by the general manager Esteban Rigo-Righi Baillie, Enjoy has announced that the 8th Civil Court of Santiago had initiated the “Judicial Reorganization Procedure” which the company announced at the end of January. The process will be led by lawyer and overseer Juan Ignacio Jamarne, who will be responsible for conducting…

Chile – Latamwin goes to court over online betting ban

Latamwin has filed a demand for more certainty before the 16th Civil Court of Santiago, with the aim of legalizing its operations in the country. According to Latamwin, the objective of this judicial move is to “prevent new questioning that could disturb the peaceful development of actions within the framework of its lawful activities as…

Chile – Enjoy announces another restructuring

Shares for operator Latin America’s leading casino operator Enjoy have fallen after the company announced that it was going through another restructuring. The decision was made “based on the current financial situation of the Company, the expected cash flows for the coming months, and the payment situation towards the Company’s creditors.” Enjoy outlined a number…