Tag Archives: Monticello Casino
Chile – Online gambling companies breaking the law says lawyer for Monticello
Gran Arena Monticello’s lawyer, Carlos Gajardo Pinto, has published a letter aimed at online gambling sites operating in Chile. In a text published by the newspaper La Tercera, he stated that international operators “try to position it ” so that their operations do not appear illegal, but said: “The law is quite clear in prohibiting…
Chile – Monticello files legal complaint against Betsson
The Monticello casino has filed a complaint in the Prosecutor’s Office accusing Betsson of breaking the law. It could be the first in a series of moves as the land-based sector moves against government plans to give online gambling the go ahead. According to documents obtained by La Tercera the casino filed a complaint against…
Chile – Casino Monticello workers block roads to protest continued closure of casino
Casino staff at the Casino Monticello have blocked traffic on Ruta 5 Sur on June 15, to protest the continued closure of the casino. Rosa Cantillana, President of the union, said the closure affected 1,500 families in difficult conditions. She said: “We have not been able to return to work at our job sources in…
Chile – Sun International to increase share of Monticello
Sun International is seeking to acquire the majority of the remaining stake in Chile’s Monticello casino for around US$114m. Sun currently owns a minority stake in the casino. The deal will see Sun  acquire a 54.7 per cent equity interest in the Monticello Grand Casino in Chile to add to its  44.2 percent stake in…
Chile – GGR down by nine per cent in Chile
According to statistics released by The Chilean Gaming Control Board (SCJ) gross gaming revenues for the 16 casinos operating under its supervision fell by 9.4 per cent in March compared to the same month in 2013. During the same period the number of visits decreased from 524,984 in 2013 to 435,402 in March 2014, while…
Chile – Revenues continue to fall in Chile
According to statistics released by The Chilean Gaming Control Board (SCJ) gross gaming revenues for the 16 casinos operating in Chile fell by 12.5 per cent in February compared to the previous month. When compared to February last year revenues are down by 31.2 per cent standing at US$48.1m in 2013 and US$33.1m in 2014….
Chile – Three casinos charged by Chilean Gaming Board
The Chilean Gaming Control Board (La Superintendencia de Casinos de Juego) has brought charged against the casinos of Termas de Chillán, Enjoy Chiloé and the Monticello casino for alleged failures to adhere to the terms of their licences under possible breaches of Law No. 19,995 and its regulations. As previously reported, the operator of the…
