SOUTH AMERICA
La Junta de Control de Juegos panameña ha aprobado la fusión entre Dreams y Sun Interna- tional. La empresa recién formada anunció que los accionistas actuales de Sun International Dreams compartirán la propiedad con aproxi- madamente el 50 por ciento.
Storm International ha achacado a la introducción de la prohibición de fumar en México el descenso en los ingresos interanuales de un 8 por ciento en 2015. Los beneficios cayeron un 11,9 por ciento a pesar del crecimiento en los ingresos del 25 por ciento en Georgia con su Shangri La Casino de Tiflis y el 12 por ciento de crecimiento en Alemania.
La larga polémica en torno a si en Buenos Aires son las autoridades federales o las munici- pales las que tienen el control sobre el juego dentro de los límites urbanos está llegando a su fin en Argentina, toda vez que un decreto guber- namental ha transferido el juego a la administración del alcalde, Rodríguez Larreta.
Una serie de operadores extranjeros han mostrado interés en presentarse a la convocato- ria de nuevas licencias de casino que se ofertará próximamente en Chile. Ahora que la Superin- tendencia de Casinos de Juego de Chile (SCJ) ha publicado los requisitos para el inminente pro- ceso de licitación, una empresa americana, tres latinoamericanas y una china podrían presen- tarse a la convocatoria para una sola de las licencias ofertadas: el casino municipal ubicado en Viña del Mar.
El nuevo presidente del Comité de Control del Juego en Colombia (Coljuegos), Juan B. Pérez Hidalgo, ha afirmado que las nuevas normas que regirán el juego online podrían aprobarse inmi- nentemente. A pesar de que estas nuevas reglas no se han hecho públicas, Hidalgo afirmó que el nuevo reglamento se había redactado en un «tiempo récord».
Una jueza ha declarado nulas dos nuevas reglas que habrían dado luz verde a los termi- nales de videolotería en Puerto Rico. La Jueza del Tribunal Superior de Justicia Gloria Maynard Sal- gado rechazó una solicitud de 30 páginas donde el Departamento del Tesoro solicitaba un juicio sumario en su favor y rechazar una petición declaratoria presentada por la Asociación de Hoteles y Turismo de Puerto Rico (PRHTA).
Olympic Entertainment Group ha inaugurado su nuevo hotel y complejo recreativo en Tallinn, que incluye el Hilton Tallinn Park, el primer hotel Hilton Worldwide en los países bálticos, junto con el Olympic Park Casino, el nuevo casino emblemático de la empresa.
Gaming Laboratories International ha cosechado su primer éxito al convertirse en el primer laboratorio de ensayos independiente registrado en certificar un sistema de juego com- pleto interactivo de Gaming House Operator con arreglo a la nueva legislación sobre el juego de Bahamas.
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Marina del Sol has raised serious objections to the Chilean Gaming Board’s (SJC) upcoming bidding process for the seven municipal casino licences.
CHILE CASINO OPERATIONS Trouble Ahead for Chile’s Municipal Tender
Marina del Sol claims that gross revenue estimates and visitor numbers issued by the SJC as part of the tender process are misleading. In a legal appeal the company has raised questions over the background information provided by the municipal governments as well as by the current operators of the municipal casinos.
In its written statement the company claims that the figures “prevent all participants from the process of accessing information that enables equal opportunities.” In extensive detail the statement analyses gross income figures released by the municipal government and the operator of the casino located in Viña del Mar.
According to local newspaper El Mercurio, the report claims that while the municipal government claims that the casino receives a total of 814,000 visitors a year the operators reported a few months later that it stood more closely to 1.5m – almost double. In addition the reported average spends is very low compared to the rest of the industry while there are also inconsistencies when it comes to gross gaming revenue figures. Combined these figures puts the entire process in doubt and makes it
“impossible to compete” on an equal footing while the lack of information “creates huge confusion” for those who must compete with the current operator.
Te company also pointed out a number of other inconsistencies which they say could be incompatible with local gaming laws specifically regarding special conditions which apply to each one of the seven licences. According to the document, a number of these conditions were not approved by the Resolution Council of the SJC the only body permitted to set them out.
Interest has been growing in investing in the municipal casinos especially the casino located in Viña del Mar. In May Head of the SJC Daniel García told local press that now that the Chilean Gaming Control Board (SJC) has published the requirements for the upcoming tender process one American, three Latin American and a Chinese company could apply for a licence for the municipal casino licence. Viña del Mar is undoubtedly the most emblematic of all the municipal licences. Te minimum financial bid for the casino will be US$22.3m.
the administration will be left to the current executive team of Dreams. Te company is also making progress in consolidating its debt and is in the process of restructuring with a number of Chile banks.
Dreams and Sun complete merger with Panama approval
Panama
Te Panamanian Gaming Control Board has approved the merger between Dreams and Sun International. Te newly formed company announced that the current shareholders of Sun International Dreams would share the property with about 50 per cent each.
Immediately after the merger, both sides agreed that Sun International would acquire a greater percentage of the shares, increasing its stake to 55 per cent through the purchase of securities of the merged company. However,
“Tis deal is a milestone in the history of Sun International. It gives the company great opportunities to achieve scale and reach outside Africa and diversify its earnings and risk,” Sun International CE Graeme Stephens (pictured) said in a statement.
“Dreams provides a strong presence in Chile, an expansion strategy that has seen growth in Peru, which is complementary to Sun International’s expansion into Panama and Colombia, and, importantly, an executive management team that comes from Latin America and has significant operational experience in the region.
“Latin America holds tremendous potential and plans are well advanced to
expand further in the region. We are already investigating exciting opportunities in Brazil, which is now opening to gambling, and have plans for expansion in Peru. Despite the current economic downturn, the gaming industry in Chile is still achieving good growth and there will be further opportunities in the next year or so to bid for additional licences in Chile.”
Te new company will have a total of 13 properties distributed in four countries and a total of 6,650 slots and around 295 tables. Dreams and Sun finalised the merger between both companies creating Latin America’s largest gaming operator in September 2015. Te merger will create a group valued at around US$400m. Te Chilean Gaming Control Board (SJC) approved the merger last month, but the companies also needed the approval of the Panamanian Gaming Control Board as Sun operates the Ocean Sun casino in Panama.
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