Chile reports record gaming revenue in October

iGaming Business
 
Chile reports record gaming revenue in October
Wild Casino

This is the highest tax contribution since 2008, thanks to casinos generating gross gaming revenue (GGR) of CLP$54.9bn throughout the month.

All 26 of Chile’s casinos were in operation throughout October, with a total of 551,840 visits from patrons. This was the first month that all 26 casinos operated since the beginning of the novel coronavirus (Covid-19) pandemic in March 2020.

The SCJ noted that the casinos were operating at a reduced capacity due to the pandemic.

A total of CLP$7.75bn of the contribution came from Chile’s casino tax. VAT from gambling totalled at $7.37bn, while income tax came to CLP$1.72bn.

The Sun Monticello made the highest contributions, paying CLP$1.07bn in tax to its regional government and the same amount in municipal tax.

The Enjoy Viña del Mar casino contributed CLP$445.5m to its regional government and in municipal tax.

Meanwhile, the Marina del Sol Talcahuano casino contributed the third highest amount, with CLP$388.8m paid to both its regional government and in municipal tax.