Tag Archives: Dreams

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…

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…

Lawyers for Enjoy and Dreams have appeared before the Tribunal for the Defence of Free Competition (TDLC) in order to respond to a complaint put forward by casino operator Grupo Meier (Corporación Meier). In a hearing which lasted for approximately three hours Enjoy’s lawyer Santiago Bravo strongly denied that the operator had colluded with any other company during the…

Shares have fallen sharply for Chilean casino operator Enjoy with the company experiencing a 13 per cent drop after it became known that the merger with Dreams would not take place. According to local news outlet La Tercera, after the collapse of the merger, shares fell 13 per cent on the Santiago Stock Exchange to…

Latin American casino powerhouses Dreams and Enjoy have scrapped their ambitious plans to merge with both companies stating to Chile’s Financial Markets Commission that ‘the process is to be abandoned.’ Dreams stated: “The parties have agreed to terminate the merger agreement in accordance with its stipulations and not to continue with the operation.” Enjoy added: “The parties have agreed…

Chile’s National Competition Authority (FNE) has asked that Dreams and Enjoy identity a suitable buyer for the casino Rinconda around 60 km north of Santiago before they are allowed to advance with the proposed merger. The FNE informed the companies  that, to consider this option, “the identity of a suitable buyer must be known, in order…

Dreams and Enjoy are still awaiting the resolution of the Chile’s National Competition Authority (FNE), which decided to extend to phase two the term of analysis of the merger of both companies. Now that more than 100 business days have passed since its decision, the companies sent a note to the FNE. Through the lawyers Julio…

Chile’s National Competition Authority (FNE) revealed that it has carried out a series of raids involving directors of casino operators in Chile. The agency is believed to be carrying out an investigation over possible collusion within the industry. During the raid, computers, cell phones and documents were taken, which are now in the hands of the…

Chile’s National Competition Authority (FNE) has put the merger between Enjoy and Dreams on hold. The FNE said that in order to investigate its effects on the market that it would need a further 90 days to investigate and analyze the merger. The FNE said that the investigation had begun on May 3 2022 after initially…