Chile’s gaming regulator’s Superintendencia de Casinos de Juego (SCJ) has announced that the process for licensing one casino will start on 02 January 2013. According to Law No. 19,995 of 2005, there is provision for 25 casinos on a national basis, excluding the northern region of Arica that borders Peru, where any number of casinos can be opened according to the Law.
At present there are 24 casinos operating in Chile with 17 of them licensed by due process in 2006 and 2008, plus 7 which are municipal concessions under a different law but that will fall under the 2005 Law in 2015. In March this year, the company granted a licence to operate the Casino Gran Ovalle S.A. returned its licensing rights to the SCJ, setting in motion the new tender process next year.
According to the Law, the casinos can be installed in any city favoured by the investors’ interest, with the limitations that no more than 3 casinos can operate in a single Region, that casinos must be located at no less than 70 kilometres from each other, and excluding casinos in Chile’s Metropolitan Region, where Santiago the country’s capital is located.
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So far, there are casinos operating in the following regions: Valparaíso, Bío Bío and Los Lagos.
The dates set for the 2013 Process are: Tender announcement for 02 Januany-28 February; Presentation of Projects to SCJ from 01 March to 01 April; Due Diligence, pre-qualification of companies, technical evaluation of projects and Proposal by the Superintendent of the Consejo Resolutivo at SCJ from 02 April to 01 July; and Decision by the Consejo Resolutivo from 02 to 31 July. (E-08.22.12)
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