Tag Archives: Dreams
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…
Chile – Sun International to merge with Dreams
Dreams and Sun International have announced that they have entered into a memorandum of understanding to merge their Latin American operations as part of Sun’s International plans to expand into the Latin American gaming market. The Latin American operations of Sun International, including Monticello in Chile, Ocean Sun Casino in Panama City and a project…
Chile – Controversy rises over Chillán tender process
Dreams has announced its decision to withdraw its application for a licence to operate the Casino Chillán. Dreams Corporate Manager Claudio Tessada said the company ‘will not continue to endorse an irregular process.’ The company announced that it had decided to withdraw its application to operate a casino in Chillán saying that: “It would not…
