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Tag Archives: Chile

Chile – Court overrules decision over Puerto Varas licence

Enjoy has won its appeal over the revocation of its casino licence in Puerto Varas.  In a unanimous decision in March The Chilean Gaming Board (SJC) revoked Enjoy’s licence after it failed to meet its obligations to build the approved integral casino project within the term established by law.  SJC inspectors verified on the ground…

Chile – New bill would ban sports setting advertising in Chilean football

A lawmaker in Chile has put forward a bill that would ban sports betting advertising via sponsorship deals with football leagues and clubs. Deputy Marco Antonio Sulantay, a member of the Sports Commission in the Chamber of Deputies, said he would submit the bill to the Lower House. Sulantay said that sites operating in Chile…

Chile – Chile’s Gambling Board revokes Enjoy’s Puerto Varas casino licence

In a unanimous decision The Deciding Council of the Chilean Gaming Board (SJC) revoked Enjoy’s Puerto Varas Casino Licence. The decision was made after Enjoy allegedly failed to meet its obligations as established in article 28 of Law No. 19,995, to build the approved integral casino project within the term established by law – two…

Chile – Chile to launch online sports betting

The government has announced that it will begin to regulate online sports betting this week. Talking to Pulso magazine Undersecretary of Finance Alejandro Weber said that tax generated by the newly regulated industry would amount to as much as US$55m a year for government coffers. According to figures released by the Gambling Board (SJC) there…

Chile – New details of Sun Dreams merger revealed

Enjoy has presented the main components of the agreement with Sun. The agreement   will now be analysed by the Superintendence of Gaming Casinos (SCJ) and the National Economic Prosecutor’s Office (FNE). In a presentation to shareholders, the firm highlighted that the merged company -which will be called “Dreams Enjoy SA,”- will consolidate itself as a…

Chile – Enjoy and Dreams reach agreement over merger

Enjoy S.A and Dreams S.A, the two largest casino operators in Chile, announced that they had finalised their agreement to merge the two companies. The agreement is pending shareholder and regulatory approvals. Enjoy will be the legal surviving entity. Dreams’ shareholders will receive approximately 64 per cent of the merged company, while Enjoy’s shareholders will retain the remaining…

Chile – Talcahuano and Punta Arenas casino bids to be heard this week

Chile’s Gambling Board (SCJ) will hold a hearing for the presentation of technical and economic offers for the Talcahuano and Punta Arenas licenses. The licenses are two out of the twelve casino licenses now on offer and had been delayed due to legal proceedings. The board stated that the audience will be held to present technical…

Chile – No new entrants in Chile casino tender

The Gaming Board (SJC) announced that it had received eleven offers for casino license renewals. The hearing for the presentation of technical and economic offers was held this week. The Superintendency of Gambling Casinos (SCJ) stated that only operators already present in the market put forward offers. Applications were received for 9 of the 12…

Chile – Enjoy and Sun Dreams confirm merger to take 76 per cent of Chilean casino market

Latin American casino group Enjoy has confirmed that it has reached an agreement to merge its gaming and hotel business with that of rival casino operator Sun Dreams. The merger will create the largest operator in the country and will also have a significant presence in other jurisdictions across Latin America. A potential merger would…