Tag Archives: Sun Dreams
Chile – Marina del Sol and Sun Dreams merge to expand in Latin America
Casino and hotel operators Marina del Sol and Sun Dreams will merge their operations in Latin America creating one of the largest casino operators in the region. Sun Dreams operates seven casinos in Chile: Iquique, Sun Monticello, Temuco, Valdivia, Puerto Varas, Coyhaique and Punta Arenas, one in Argentina (the Park Hyatt Mendoza, Hotel, Casino &…
Chile – Chilean company increases ownership in Sun Dreams to 50 per cent
Chilean company Nueva Inversiones Pacífico Sur has signed a contract with South African company Sun International to acquire 15 per cent of the ownership of the Sun Dreams casino and hotel chain, an operation that will allow them to increase their participation to 50 per cent. “The finalisation of the operation is subject to the…
Chile – Court accepts Sun Dreams’ appeal over Pucón licence
The legal dispute over the recently awarded municipal casino licences will now continue after an important decision made by a top court in Chile. The Santiago Appeals Court has accepted the appeal put forward by Sun Dreams against the Chilean Gaming Board (SJC) through which it seeks to challenge and reverse the decision to grant…
Chile – Sun Dreams disputes two municipal licence awards in court
Sun Dreams has now filed two appeals before the Santiago Appeals Court against the Chilean Gaming Board (SJC) through which it seeks to challenge and revert the decision to grant the licence to the casinos of Pucón and Puerto Varas to rival Enjoy. Sun Dreams argue that the resolutions of the SCJ are illegal. According…
Argentina – Sun Dreams Enters Argentine Market
Sun Dreams has signed a binding agreement for the direct and indirect acquisition of all the shares of the Argentine company Nuevo Plaza Hotel Mendoza SA, which owns and operates the hotel and casino Park Hyatt Mendoza and its casino. The establishment has approximately 186 rooms, 648 gaming machines and 19 gaming tables. The casino…
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…
Peru – Thunderbird sell off to Sun Dreams is now official
Chilean company Sun Dreams has confirmed that through its Peruvian subsidiaries, it has officially acquired the acquisition of Thunderbird Resorts Fiesta casino in a deal worth US$26m. The agreement with Thunderbird Resorts includes the acquisition, through its Peruvian subsidiaries, of the Fiesta de Miraflores casino and three other operations in Lima, Tacna and Cusco. The…
Chile – Race underway for licence to run Viña de Mar Casino
The two top leading casino operators in Chile, Sun Dreams and Enjoy, have put forward their bids for the licence to run the emblematic Viña de Mar casino. Sun Dreams submitted two projects through two companies, while Enjoy, the current operator, introduced one. The casino is regularly one of the leading operators when it comes…
Chile – Enjoy and Sun Dreams both bid for licence in Pucón
Both Enjoy and Sun Dreams have entered the bidding process for the municipal licence for the casino located in Pucón. However, there were no bids for the municipal licences in Arica nor for the casino in Puerto Natales meaning that a new bidding process for these casinos will need to be initiated, according to a…
