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Tag Archives: Municipal licences

Chile – Enjoy needs three year extension to relaunch four municipal licences

Chilean casino group Enjoy has said it needs at least a three year extension to launch four municipal casinos in Coquimbo, Viña del Mar, Pucón and Puerto Varas. It has lodged its request with the Superintendency of Gambling Casinos (SCJ) saying this is the ‘minimum period’ the casino sector needs to recover from the effects…

Chile – Enjoy to invest heavily in new municipal licences

Latin American gaming and resort company Enjoy has informed investors that it plans to invest as much as US$116.7m over the next two to three years in the municipal casinos of Viña del Mar, Pucón, Coquimbo and Puerto Varas. According to Enjoy, the company plans to invest US$31.8m in the largest casino Viña del Mar….

Chile – Enjoy the big winner as Chile awards five municipal casino licences

The Deciding Council of the Chilean Gaming Board (SJC) has awarded five municipal casino licences with Enjoy scooping four licences and Sun dreams the other. According to the statement issued by the board, the total amount of the winning bids combined exceeded the minimum financial bid by as much as 68.1 per cent. After the…

Chile – SJC completes evaluation of five municipal casinos

The Deciding Council of the Chilean Gaming Board (SJC) has completed the technical bid evaluation for five municipal casino licences. The SJC announced that the Deciding Council, chaired by the Undersecretary of Finance, Francisco Moreno Guzmán, had unanimously ratified the technical bid proposals for casinos in the communes of Iquique, Coquimbo, Viña del Mar, Pucón…

Chile – New deadline set for Chile’s municipal licences

The Chilean Gaming control Board (SCJ) has announced a new deadline for the presentation of the technical and economic bids for the municipal casinos in the municipalities of Arica, Pucón and Puerto Natales. The announcement was officially made public in Chile’s Diario Oficial (Chile’s Government Gazette) and sets the deadline as September 25, at 11…

Chile – Enjoy agrees to new measures with municipal licences

Chilean operator Enjoy has approved the issue of convertible bonds during an extraordinary General Meeting of Shareholders. Finance Manager of Enjoy, Darío Amenábar explained that from April 1 2019 until September 30 debt holders may convert the debt into shares. In order to support this action the company also approved the issue of 1,300 million…

Chile – Enjoy wants more clarity over Chile’s municipal licences

Chairman of the board of Enjoy, Javier Martínez has urged the authorities for more clarity when it comes to the licensing process for the municipal casinos. In a letter published in the 2016 Annual Report (a legal document required by all companies that are valued by Chile’s securities and insurance regulator) Mr Martínez, asked that…

Chile – Marina Del Sol concerned over municipal licence extension

Delays over the granting of the municipal casino licences are causing consternation after the Chilean Gaming Control Board (SJC) published a circular which in effect extends their licences. After a special meeting Marina Del Sol issued a statement it which it argues that operators already established in the municipal casinos have been handed an unfair…