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ARTICLE · 20 JUNE 2012

Casino Industry Grows In Chile

Dickinson Wright PLLC
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The new casino industry in Chile started with Law N° 19995 of 2005. Between 2005 and 2008, 18 gaming licenses (the maximum quantity allowed by the law) were granted.

United StatesMedia, Telecoms, IT, Entertainment
Carlos Fonseca Sarmiento
Carlos Fonseca Sarmiento
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The new casino industry in Chile started with Law N° 19995 of 2005. Between 2005 and 2008, 18 gaming licenses (the maximum quantity allowed by the law) were granted.

In 2011, 15 of the 18 authorized casinos were operating. These casinos are located in the cities of Antofagasta, Calama, Copiapo, Rinconada, San Antonio, Santa Cruz, Mostazal, Talca, Pinto, Talcahuano, Los Angeles, Temuco, Valdivia, Osorno, and Punta Arenas. In April and May of 2012, casinos in the cities of Coyhaique and Castro initiated their operations. However, the other casino, which is authorized to operate in the city of Ovalle, is not being opened by the company that obtained the license. This means that there is a vacancy for a gaming license. The Casino Gaming Superintendence of Chile must initiate a new process to choose an operator for the gaming license in the first two months of 2013.

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