Rodrigo Larraín, General Manager of Chilean casino operator Enjoy, has sought funding from the Chilean government to continue the reorganisation process the company is going through to prevent bankruptcies.
Enjoy is exploring new steps to help it continue the country’s operations, such as postponing the licencing process, or paying local gaming tax.
Larraín has said: “[The emergency] has a dramatic impact and serious future risks on thousands of jobs and hundreds of SME providers, which are primary sources of income for regional and municipal governments, and the activity and economy in general.”
The Chamber of Deputies last week approved the creation of a Special Investigative Commission to review the steps taken by the authorities to handle the crisis. This new body will be investigating the gambling industry, and especially Enjoy, after filing for insolvency.
“As a company, we will collaborate with this commission and we immediately make ourselves available, not only to guarantee a successful work but also to promote urgent changes that allow our industry to overcome this crisis,” added Larraín.
Despite asking the government for aid, Enjoy clarified that it is not seeking government funding but stressed that “support will be decisive to the success of our reorganisation.”
The manager explained that the request for support comes weeks after the Superintendency of Gambling Casinos (SCJ) announced the closure of all casinos in the country before Chile can be considered secure from the g. The company’s facilities in Mendoza, Argentina and Punta del Este, Uruguay, have also made cuts.