A financial report has been released by the Chilean gambling authority, the Superintendency of Gambling Casinos (SCJ), describing the first month of operations following an eight-month mandatory closure due to COVID-19. In Chile, the 11 casinos that reopened paid around $1.8 million in taxes to the state.
Casinos resuming operations
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 were the facilities that resumed their operations between November 19 and 28.
A month later, the gross tax allocation amounted to $715k, which corresponds to the “specific gambling tax destined to the Regional Governments and Municipalities where they operate to finance development works”.
In addition, they contributed $950k via VAT payments and $133k “corresponding to an entrance tax sent to Chile’s general funds.”
Gross gaming revenue
The report also reported that gross gaming revenue of $5.9 million was recorded by the nine private casinos and the two municipal concession casinos, although the results represented a 43.6 percent decrease compared to November 2019. Since regular visits were 57.2 percent lower than those recorded in the same timeframe the previous year, the SCJ claims there was a decline.