Chile reports record gaming revenue in October
Chile’s casino regulator, the Superintendencia de Casinos de Juego (SCJ) has reported record tax contributions of CLP$16.85bn (£15.0m/€17.6m) from the sector for the month of October, as gaming revenue also hit a new high.
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.