Chile Takes Casino License Bids

The period has closed to submit bids for casino operating licenses for two locations in Chile. The licenses are for the city of Castro on Chiloé Island and Coyhaique, the capital of the Aysén Region in Patagonia.

Chile Takes Casino License Bids

The period when potential casino operators submitted technical and economic bids for casino licenses in Castro on Chiloé Island and Coyhaique, the capital of the Aysén Region in Patagonia has concluded, G3 News Wire reported March 25.

The Superintendence of Casinos of Chile (SCJ) began the bidding process last September. As a result, three projects made presentations to a hearing March 22.

Rantrur S.A. (Enjoy S.A.) and Inversiones y Turismo Chiloé (Dreams S.A.) are vying for the casino license in Castro. Enjoy currently operates a casino in that city with 230 slots, 19 gaming tables, 72 bingo positions, a convention center, cinema, dining options and an art gallery. The casino permit Enjoy holds expires in 2027.

To compete in Castro, Dreams created the company Inversiones y Turismo Chiloé.  Dreams also seeks to renew its license in Coyhaique for the Casino de Juegos Coyhaique S.A., where it has  383 machines, 11 gaming tables, 38 bingo positions, dining, a bar and three event rooms. That license also expires in 2027.

The offers will be evaluated for no longer than 120 days.