Chilean casinos raise $5.9m in first month after reopening

Chilean casinos raise $5.9m in first month after reopening

Article brief provided by SBC Americas
  • Lucia Mouriño, SBC Americas
January 14, 2021 7:30 AM
  • Lucia Mouriño, SBC Americas

The Chilean gambling authority, the Superintendency of Gambling Casinos (SCJ), has published a financial report that details the first month of operations after an eight-month mandatory closure due to COVID-19. The 11 casinos that reopened in Chile contributed around $1.8m to the State in taxes.

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The facilities that resumed their activities between November 19-28 comprised Luckia Arica, Marina del Sol Calama, Enjoy Antofagasta, Antay Casino & Hotel, Ovalle Casino & Resort, Casino del Pacífico, Enjoy Santiago, Sun Monticello, Casino de Colchagua, Enjoy Coquimbo and Enjoy Viña Del Mar.

A month later, the total tax contribution totaled $715k, corresponding to the “specific gambling tax destined to the Regional Governments and Municipalities where they operate to finance development works”.

Additionally, they contributed $950k through VAT payments and $133k “corresponding to an entrance tax, which are sent to the general funds of Chile”.