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Chile’s Casino Industry Sees Decline in Tax Contributions and Visits in October 2023



In October 2023, Chile’s casino industry witnessed a notable shift, with the 25 operating casinos contributing a total of CLP 15,997 million (USD 18.2 million) in taxes. This figure marks an 11.2 percent decrease in tax contributions compared to the same month in the previous year, highlighting a trend in the industry’s financial performance.

The Chilean casino industry experiences a significant downturn, with a year-on-year decrease of 11.2 percent in tax contributions, totaling USD 18.2 million in October 2023.

This decline was detailed in a report by the Superintendency of Gaming Casinos (SCJ), chaired by Vivien Villagran. The breakdown of the tax contributions includes CLP 6,980 million (USD 7.9 million) allocated to regional governments and municipalities for development projects, CLP 6,742 million (USD 7.7 million) in VAT on gaming income, and CLP 2,275 million (USD 2.6 million) from entry taxes to gambling halls, contributing to the nation’s general funds.

The allocation of these funds, particularly the specific gaming tax, is crucial for regional development and community projects. However, the decrease in tax contributions reflects a broader trend within the industry that stakeholders and policymakers need to closely monitor and address.


As industry observers and participants, it’s important to stay informed about these changing dynamics within the Chilean casino sector. Understanding the implications of these financial trends is vital for strategic planning and policy formulation.

In addition to the tax contributions, the report sheds light on other key aspects of the industry’s performance. Gross gaming revenues for the 25 casinos in October 2023 stood at CLP 45,536 million (USD 52 million), which is 12.9 percent lower than the revenue generated in October 2022.

The decrease in revenue is paralleled by a reduction in casino visits. In October 2023, there were 542,179 registered visits to these casinos, marking a 14 percent decline compared to the same month in the previous year. However, it’s notable that the average expenditure per visit saw a real-term increase of 3 percent to CLP 82,544 (USD 94).

This comprehensive overview of Chile’s casino industry’s performance in October 2023, covering tax contributions, revenue, and visitor trends, offers critical insights for stakeholders. It highlights the need for adaptive strategies to navigate the evolving landscape of the gaming sector in Chile.


Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

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FDJ’s Acquisition of Kindred Group Shaping the Future of Global Gaming



FDJ’s acquisition of Kindred Group, facilitated by regulatory approval and strategic shareholder engagement, signifies a transformative moment in the gaming industry. This deal exemplifies the intricate balance between regulatory compliance, shareholder value, and strategic growth ambitions. As the industry stands at the cusp of further consolidation and innovation, the FDJ-Kindred transaction heralds a new era of strategic realignment and competitive positioning in the global gaming landscape.

A Monumental Shift in Gaming Dynamics

The Swedish Financial Market Supervisory Authority (SFSA)‘s approval of Française des Jeux’s (FDJ) offer to acquire Kindred Group marks a pivotal moment in the global gaming and betting sector. This green light not only accelerates FDJ’s strategic expansion but also underscores the evolving landscape of international gaming regulations and corporate alignments.

Navigating Regulatory Waters

The SFSA’s endorsement is a crucial step in FDJ’s ambitious acquisition plan, setting the stage for a public offer slated to commence imminently. This regulatory approval highlights the meticulous scrutiny and compliance standards governing mergers and acquisitions within the sector, ensuring that such transactions align with market stability and shareholder interests.

A Call to Action for Kindred Shareholders

The forthcoming Extraordinary General Meeting (EGM) represents a critical juncture for Kindred Group, with proposed statutory amendments necessary for facilitating the acquisition. This meeting, aimed at achieving the requisite shareholder consensus, signals the importance of shareholder engagement in steering corporate direction and strategy.


The Path to Acquisition: Shareholder Conviction and Strategic Vision

FDJ’s pursuit of Kindred Group, contingent upon securing 90% of total capital, reflects a strategic maneuver to consolidate its position in the global gaming market. The offer per share, valuing Kindred at approximately €2.6 billion, has garnered unanimous board endorsement and significant shareholder backing, illustrating the alignment of strategic interests and the perceived value of this consolidation.

Activist Influence and Strategic Realignment

The role of activist shareholders, notably Corvex Management, in advocating for Kindred’s sale underscores the dynamic interplay between corporate governance and shareholder activism. Their successful campaign for board representation and strategic evaluation reflects a broader trend of active investor engagement in shaping corporate trajectories.

Implications for the Global Gaming Industry

This acquisition not only exemplifies the financial and strategic considerations underpinning such deals but also highlights the regulatory complexities and shareholder dynamics involved. As the gaming industry continues to evolve, driven by technological advancements and regulatory changes, the FDJ-Kindred merger serves as a case study in strategic growth, market consolidation, and the pursuit of competitive advantage.


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