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Tag Archives: Dreams

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 – Dreams incorporates eight new companies

In order to have a better chance to operate a casino in the respective commune where licenses are up for tender Dreams has incorporated eight new companies. The new companies are called the Gaming and Entertainment Casino of Antofagasta, Calama, Copiapó, Los Angeles, Osorno, San Fernando, Talca and Talcahuano. The capital of each of these…

Chile – Rivals Enjoy and Sun Dreams could merge to create Lat Am superpower

Latin American casino group Enjoy has reached an agreement to merge its gaming and hotel business with that of rival casino operator Sun Dreams, according to Bloomberg Law, who says it has seen documents from Enjoy’s main creditors and shareholders. Enjoy sent documents relating to the potential merger to the Commission for the Financial Market…

Chile – Dreams confirms it is ready to open in Punta Arenas once the government allows it

Chilean casino group Dreams has confirmed it is ready to open its venues in Punta Arenas four months after closing its operations due to the COVID-19 pandemic, ‘once the health authority allows’ it. A spokesperson said: “We are confident that as soon as the health authority allows it, we will be able to resume our…

Latin America – Dreams and Sun complete merger with Panama approval

The Panamanian Gaming Control Board has approved the merger between Dreams and Sun International. When making the announcement the newly formed company announced that the current shareholders of Sun International Dreams would share the property with about 50 per cent each. Immediately after the merger, both sides agreed that Sun International would acquire a greater…

Peru – Sun and Dreams look to Peru for expansion

Sun and Dreams plan on investing US300m in Latin America the lion’s share of which could be invested in Peru according to corporate finance manager of Dreams Claudio Tessada. Speaking to local newspaper Diario Financiero he said that the three primary markets for the company will be Brazil, Peru and Chile but the main focus…

Chile – Chile’s Gaming Board approves Dreams and Sun merger

Chile’s Gaming Board has approved the merger between Dreams and Sun International. Dreams and Sun International finalised the merger between both companies creating Latin America’s largest gaming operator in September 2015. The merger will create a group valued at around US$400m. Jaime Wilhelm, General Manager of Dreams, said: “The Gaming Board has decided to approve…

Latin America – Deal between Sun International and Dreams moves forward

Dreams and Sun International have finalised the merger between both companies creating Latin America’s largest gaming operator. The transaction is subject to approval of the competent authorities, both in Chile and in South Africa. If approved the merger will create a group valued at around US$400m. The Latin American operations of Sun International, including Monticello…

Peru – Dreams gears up for expansion in Peru

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…