Tag Archives: Enjoy

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…

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…

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…

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…