Location: Chile

Chile's gaming industry is not looking as bright as it could be.

Vibra Gaming has launched its latest flagship slot game based on the story of Condorito. The game is based in the world of the famous Latin American comic strip. Condors is one of Latin America's most popular and famous characters. The Condores comic was first published in 1949 and has been a huge success in several LatAm countries. In Colombia it became the most widely read magazine. It is also the best-known comic in Chile. World Editors Chile is delighted to work with Vibr Gaming. They are the company that acquired the rights to the Condours comic.

Enjoy Pucon casino in Chile has upgraded its gaming floor with a selection of IGT games and cabinets. Enjoy Pu Con is the first casino to deploy I GT's Game King video poker content on the Ascent-supported CrystalSlant cabinet. The casino has also introduced 30 USwitch multi-game bundles on IGPT's PeakSlent32 and Cobalt 27 cabinets for Chile.

Pragmatic Play launches Wild West-themed video slot. In certain territories, players can choose to buy free spins instead of waiting for them to trigger organically.

Marco Antonio Sulantay will present a bill to ban betting advertising on sports events and teams. He wants to prohibit Chiliean media and sports clubs from doing business with unlicensed operators. The bill is to be submitted to the Lower House. The government will seek to regulate the online gambling market, which would contribute around $55m a year in taxes. There are already 900 online gaming sites and platforms, representing a market worth approximately $150m. All types of games would be allowed, with the exception of lotteries and the ones that attract minors.

PressEnter Group has introduced its Ultra Casino in Peru and Chile. This marks the company's debut on the Latin American market. Ultra Charge is a loyalty program that offers daily rewards and individual rewards. PressEnter plans to expand in Latin America in the coming year through the launch of Ultra casino in other countries.  Peru and Chilean both are in process of reinvigorating their gaming industries. Peru has a new set of laws on iGaming space and is advancing its online gaming regulations. David Plumi, ex-Betsson executive, was appointed Pressenter's Regional Manager for Spain and Latin Africa earlier this year.

Chile's Ministry of Finance published its first online gaming bill. It states that all betting entities in Chile must hold a general licence for 5 years. Operators that wish to offer online games must have a special online betting licence that is non-renewable. The bill establishes Chile's casino regulator as the regulator of the online gambling market. It stipulates that no minors or self-excluded individuals can place bets.

Operator makes LatAm debut with popular online casino brand that promises to take the market by storm with its superior player experience. PressEnter Group has identified Latin America as a key growth market for this year with plans to launch Ultra Casino in other countries across the region over the next 12 months. David Plumi, Regional Managing Director for Spain and Latam at Pressenter Group, said it's a milestone moment for Pressentry Group and marks the start of a long and successful presence in the Lat am market.

Chilean authorities introduce a proposal for a bill that will regulate online gambling in the country and generate millions in taxes annually. There are more than 900 gambling websites currently available in Chile, some of them headquartered in jurisdictions like Malta and Curacao. The industry generates a market of $150 million annually, but there is no regulation.

All 26 casinos in Chile were open in October. They generated gross gaming revenue of CLP54.9bn. The Sun Monticello made the highest contributions to the regional government. Enjoy Viña del Mar contributed CLp445.5m to its regional and municipal tax. Marina del Sol Talcahuano made CL$388.8m in regional tax and CLPL$1.72m for municipal taxes.

Play’n GO has released a new slot game called Merlin and the Ice Queen Morgana. It is the latest in the popular Merlin series of online slot games. Morgan leaves Camelot after King Arthur's coronation and finds her former apprentice, Morgan, who has turned into the ice queen.

Play'n GO announces new Rich Wilde online slot title. The game is based on the Wandering City tale, where a city is said to be hidden in a valley of the Andes, between Chile and Argentina.

Gambling is a lucrative business. Latin America is one of the fastest growing gambling markets in the world. There are more than 300 million adults in South America that are allowed to gamble. Online gambling is popular in Latin American countries. It is not as popular as in Asia and North America. The gambling laws in Europe and Asia are stricter. Many consider the South American gambling market to be one the best places to bet after Europe.

iSoftBet partners with LatAm-focused iGaming and sports betting platform provider Universal Soft to expand its presence in the region. UniversalSoft is active throughout Colombia, Peru, Ecuador, Chile, Panama, and Brazil. iSoftbet will provide its new partner with access to its entire suite of proprietary online slots, including Gold Digger and Moriarty Megaways.

New law bans the use of slot machines outside casinos in Chile.

The bill was passed unanimously with 29 votes in favour. It now goes to the Chamber of Deputies. The bill defines a slot machine as an electronic system capable of receiving bets and grants prize money through a randomly generated algorithm. Slot machines are banned outside of casinos, but the law doesn't extend to online slot machines.

Rojabet Chile has incorporated comic book characters into slot machines in online casinos. Comic-themed stories have jumped from the screens of cinemas and TV and are now popular in casinos as well.

The debate on the gambling law No. 19,995 is focused on advertising regulations and the different types of promotions that land-based casinos could offer regarding their activity. Most land casinos in the country continue to face restrictions and closures. The casinos expect regulations in favor of online gambling. There are currently around 900 active online casinos. They were shut down for more than nine months in 2020.

Chile's Superintendency of Gambling Casinos has announced that casinos with open spaces will be able to reopen their doors for business. The Ministry of Health has allowed the reopening of casinos in Phase 2. Casins in zones in the Phase 3 and 4 can operate in open and closed spaces. Food and beverages ban remains in place. The casinos that will reopen will have to follow a specific schedule for at least three days a week, between Monday and Friday and during business hours.