Casinos in Chile raise $3.8m in January as visitation drops by 80%

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The Chilean gambling authority, the Superintendency of Gambling Casinos (SCJ) has published details of its financial results for January’s operations, which show revenues of $3.8m.

Of the 26 licensed casinos in Chile, only 14 were able to operate in January, although the SCJ has already given the green light for other facilities to reopen this month, as long as they’re located in jurisdictions currently in Phase 2 of the restarts.

According to the report, the 10 casinos authorized by Law 19.995 and the four casinos with municipal concessions generated gross gaming revenues of $14m, although it represents just a 40.9% of what was registered in the same month a previous year.

“However, considering daily revenues corresponding to days where casinos actually operated, they achieved 64.9% in revenues on average” when compared to 2020, the SCJ reported.

The gambling authority also revealed that casinos totaled 82,753 visitors in January, but these numbers were down by 80% year-on-year.

Back in December, which was the first month of operations after an eight-month mandatory closure due to COVID-19, the 11 casinos that had reopened contributed around $1.8m to the State in taxes.

The report also revealed that the nine private casinos and the two municipal concession casinos recorded gross gaming income of $5.9m, although the results represented a 43.6% decline when compared to November 2019. The SCJ believes that there was a drop because daily visits were 57.2% lower than the ones registered in the same period the previous year.