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Tag Archives: Chile

Dreams denies collusion in Chile casino tender

Chilean casino operator Dreams has once again rejected the allegations of collusion made against the company  by the National Economic Prosecutor’s Office (FNE). In October the FNE filed a request against Dreams, Enjoy, and Marina del Sol for alleged collusion in the casino bidding processes conducted in 2020 and 2021. Although the deadline to respond to the…

More woes for Enjoy as move to sell assets blocked by Chilean regulator

Enjoy has submitted a request for reconsideration to challenge the resolution of the Tribunal for the Defence of Free Competition which upheld the measure sought by the National Economic Prosecutor’s Office (FNE ) to block the sale of assets by the operator. The antitrust agency initiated this restriction, which the TDLC approved, to prevent Enjoy…

Sale of Enjoy’s casinos to creditor consortium approved in Chile

The National Economic Prosecutor’s Office (FNE) has approved the sale of six of Enjoy’s main casinos by its creditors Avla Seguros S.A, WEG Capital SpA, and Banco BTG Pactual, as part of the second judicial reorganization process for the gaming operator. According to the Chilean newspaper La Tercera, the notification of the operation by the…

Tender for two casino licenses launched in Chile

The Superintendence of Gaming Casinos (SCJ) has issued Exempt Resolution No. 929, initiating a new process to grant an operation permit for a gaming casino in the Aysén Region. This opportunity arises from the upcoming expiration of the permit held by Casino de Juegos Coyhaique S.A. (Dreams), which will be valid until April 2027. Regarding…

Tenders for two casinos fail in Chile

The Superintendence of Casinos of Chile (SCJ) has announced the termination of the evaluation process for the technical offers submitted by Inversiones y Turismo Chiloé S.A. and Rantrur S.A., the applicant and renewer, respectively, for an operation permit in the commune of Castro. Additionally, the evaluation of the proposal from Casino de Juegos Coyhaique S.A….

Allegations in Chile over presumed collusion to obtain licenses

The National Economic Prosecutor’s Office (FNE) has accused casino companies Dreams, Enjoy, and Marina del Sol, along with five of their senior executives, of colluding to secure bidding for operating permits nationwide. In a filing submitted to the Tribunal for the Defence of Free Competition (TDLC) the FNE specified that for the bidding processes conducted…

Chilean operator Enjoy reports losses

Leading Chilean casino operator Enjoy has reported a significant 123% increase in losses as of June 2024, more than doubling its negative balance from $38.642 billion to $86.154 billion by the end of the first half of the year. In a report to the Financial Market Commission (CMF), Enjoy explained that the current situation was…

Supreme Court orders internet providers to block gambling websites in Chile

The Supreme Court of Santiago declared admissible an appeal filed by Lotería de Concepción, which accused various telecommunications companies of failing to block access to illegal gambling and casino websites in the country. In its ruling, the Court stated that “… pursuant to Article 20 of the Political Constitution of the Republic and the Agreed…

Enjoy S.A postpones meeting to finalise reorganisation plan and secure financing

In order to finalise the last details of the Judicial Reorganisation Plan and secure financing, Enjoy S.A. and its creditors unanimously agreed to postpone the Deliberative Meeting that had been scheduled for that date, in the 8th Civil Court of Santiago. The new meeting will be held within 10 judicial business days, that is, on…